The banking game doesn't stop even on Christmas Eve. Unicredit has in fact communicated that its German subsidiary Unicredit Bank Gmbh, within the scope of its ordinary intermediation activity, has regulated the delivery of 860 thousand Banco Bpm shares, equal to 0,057% of the capital, following the exercise of acall option.
After the launch of the takeover bid on Banco Bpm last November, the bank led by Andrea Orcel is obliged to communicate any type of operation on the target company's securities.
The options had been sold before November 25, the day of the announcement of the takeover bid, had an expiry date of December 20 and were exercised by the counterparty at €6,8 per share.
Unicredit cancels its own shares equal to 5% of its capital
But the option exercised on Banco Bpm is not the only news coming from Piazza Gae Aulenti. Monday 23 December the bank cancelled its own shares, held following the buyback, equal to 5,22% of the capital. This is what emerges from the communications to Consob on significant shareholdings.
The operation is dated December 18. Following the change in capital, Fmr funds rose to 4,248%: the share is held directly and indirectly for savings management. In detail, Unicredit now declares that it has treasury shares for 0,184% of the capital. Previously, the share reported to Consob was 5,024%.
