Banco Popolare announces the early conclusion of the offer on the Stock Exchange of the unexercised option rights. The institute announced that during the first two days - 23 and 24 April - all the rights not exercised during the option period relating to the subscription of almost 1,5 million newly issued ordinary shares were sold for the capital increase.
The exercise of the rights acquired as part of the offer on the Stock Exchange and consequently the subscription of the related Shares must be carried out, under penalty of forfeiture, by and no later than the third trading day following that of communication of the early closure, and therefore by 29 April 2014.
The rights will be made available to the purchasers through the authorized intermediaries adhering to the centralized management system of Monte Titoli SpA and may be used for the subscription of the Shares, at the price of Euro 9 each, in the ratio of 17 Shares for every 18 Rights.
The successful outcome of the capital increase is guaranteed by Mediobanca – Banca di Credito Finanziario SpA and UBS Investment Bank as Joint Global Coordinators and Joint Bookrunners, Banca IMI, BofA Merrill Lynch, BNP PARIBAS, Nomura and UniCredit Corporate & Investment Banking, such as Joint Bookrunners, BBVA, Banco Santander, Commerzbank, Crédit Agricole CIB, HSBC, ING Bank, Natixis, Société Générale and VTB, as Co-Bookrunners, and ABN AMRO, Banca Akros, Equita SIM, RBC and Keefe, Bruyette & Woods, as Co-Lead Managers, who have undertaken, severally and without solidarity, to subscribe - at the usual terms and conditions for this type of transaction - the shares that should not be subscribed after the offering on the Stock Exchange. The prospectus relating to the offer under option and the admission to listing of the Shares deriving from the capital increase as well as the supplement to the prospectus are available at the registered office of Banco Popolare and on the Banco Popolare website (www.bancopopolare.it) .
