Press releases

24 Sep 2020 18:30
Notice of change in share capital

Milan, 24th September 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 24th August 2020 and 23rd September 2020, the share capital increased by an amount equal to Euro 797.72, through the issue of 1,036 new BFF ordinary shares, assigned to BFF Group’s employees for remuneration and incentive policies’ requirements, in the context of 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 23rd September 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:

131.400.994,34

170.650.642

Without nom. value

131.400.196,62

170.649.606

Without nom. value

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

Current coupon number: 3

131.400.994,34

170.650.642

Without nom. value

131.400.196,62

170.649.606

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 23rd September 2020, 348,252 shares (of which 324,752 newly issued) were assigned, against 1,415,982 options exercised on a cash-less basis and 206,460 options exercised with the ordinary method in the same period. The number of options assigned and not yet exercised to date amounts to 6,929,138, of which 3,570,068 are vested and exercisable options.