Press releases

25 Jun 2020 16:36
Notice of change in share capital

Milan, 25th June 2020 – Banca Farmafactoring S.p.A. (“BFF” or the “Banca”), pursuant to Article 85-bis of the CONSOB Issuers’ Regulation n° 11971/1999 as subsequently amended, communicates the new composition of its share capital (fully subscribed and paid-in), following the partial execution of the share capital increase free of charge, resolved by the Shareholders’ Meeting on 2nd April 2020 (“Share Capital Increase Free of Charge”).

Due to the execution of the Share Capital Increase Free of Charge, over the period between 27th May 2020 and 22nd June 2020, the share capital increased by an amount equal to Euro 35,134.33, through the issue of 45,629 new BFF ordinary shares, assigned to BFF Group’s employees for remuneration and incentive policies’ requirements, in the context of:

  1. the Management by Objective incentive system;
  2. the “Stock Option Plan of Banca Farmafactoring Banking Group”, originally approved by the Shareholders’ Meeting on 5th December 2016 and modified by the Shareholders’ Meeting on 28th March 2019 (“Stock Option Plan 2016”).

The certificate of the change in share capital was filed with the Companies’ Registration List of Milan, Monza Brianza and Lodi on 24th June 2020.

 

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:

131,399,226.42

170,648,346

Without nom. value

131,364,092.09

170,602,717

Without nom. value

Ordinary shares (regular entitlement: 01/01/2020)

Current coupon number: 3

131,399,226.42

170,648,346

Without nom. value

131,364,092.09

170,602,717

Without nom. value

***

With reference to the Stock Option Plan 2016, it should be further noted that, from the beginning of the exercise period (8th April 2019) until 22nd June 2020, 342,492 shares (of which 323,492 newly issued) were assigned, against 1,375,102 options exercised on a cash-less basis and 201,960 options exercised with the ordinary method in the same period. The number of options assigned and not yet exercised to date amounts to 6,974,718, of which 3,559,128 are vested and exercisable options.