Each shareholder of Banco Popolare will be able to purchase 9 new shares for every 7 already owned by subscribing them at the price of 2,14 euro each, with a discount equal to 29,3% of the Terp (Theoretical ex Right Price), calculated on the basis of the price of stock exchange closing on June XNUMXst.
This is the decision taken today by Banco's board of directors which approved the final conditions for the one billion euro capital increase, to be charged entirely to the share capital as requested by the ECB, which will take effect in the next few days and will be preparatory to the marriage with the Bpm which will cross the final finish line in the corporate meetings of the two banks next autumn.
The new Banco Popolare shares will obviously have the same characteristics as the ordinary shares already in circulation and will have regular entitlement from 2016 January XNUMX.
