Press releases

28 Jun 2019 15:56
Notice of change in share capital

Milan, June 28th, 2019 – Banca Farmafactoring S.p.A. communicates the new composition of its share capital (fully subscribed and paid-in), following the partial execution for an amount equal to Euro 19,131.42, over the period between June 5th and June 20th 2019, of the share capital increase without payment, resolved by the Board of Directors held on April 8th 2019, under the mandate granted, pursuant to art. 2443 of the Italian Civil Code, by the Extraordinary Shareholders' Meeting on March 28th, 2019.

The certificate of the share capital increase was filed with the Milano Monza Brianza Lodi Companies Registration List on June 27th, 2019.

 

TABLE 1

Current share capital

Previous share capital

Euro

N° of shares

Unitary

nom. value

Euro

N° of shares

Unitary

nom. value

Total of which:

131,216,500.80

170,411,040

Without nom. value

131,197,369.38

170,386,194

Without nom. value

Ordinary shares

(regular entitlement: 01/01/2019)

Current coupon number: 3

131,216,500.80

170,411,040

Without nom. value

131,197,369.38

170,386,194

Without nom. value

***

Additionally, over the same period stated above (between June 5th and June 20th, 2019), due to the execution of the above-mentioned share capital increase without payment, the share capital increased by a total amount of Euro 19,131.42, through the issue of 24,846 total new BFF ordinary shares, assigned to BFF Group’s employees in relation to (i) the one-off free allocation of BFF ordinary shares to all employees of the Bank and its subsidiaries (so-called Stock Grant 2019), in execution of the resolution adopted by the Shareholders’ Meeting of March 28th, 2019 and (ii) the “Stock Option Plan of Banca Farmafactoring Banking Group”, originally approved by the Shareholders’ Meeting on December 5th, 2016 and modified by the Shareholders' Meeting on March 28th, 2019 (“Stock Option Plan”).

More specifically, with reference to the Stock Option Plan, from the beginning of the exercise period (April 8th, 2019) until June 27th 2019, 124,998 shares were assigned, against 523,722 options exercised on a cash-less basis and 80,640 options exercised with the ordinary method over the same period. As a result of the exercises, the number of options assigned and not yet exercised as of today amounts to 8,224,280.