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Stock Exchange: capital increase to 5 billion, Mps slows down

The stock of the Sienese institute slows down in Piazza Affari, reporting itself among the worst in the Italian list – The decision to bring the amount of the capital increase up to 5 billion euros from the 3 initially envisaged weighs on the prices of MPS – The moreover, the operation was postponed for a few weeks.

Stock Exchange: capital increase to 5 billion, Mps slows down

Heavy Mps in Piazza Affari. In fact, the stock of the Sienese institute lost more than 1% on the Stock Exchange in mid-morning, marking itself as one of the worst in the Italian list, which in the same minutes travels in slightly negative territory.

The decision to increase the amount of the capital increase from the 3 billion already authorized last December up to 5 billion euro, to allow the institute to continue to meet the commitments undertaken in the business plan 2013-2017.

Furthermore, the operation will start three weeks later than initially scheduled. The most probable date, to date, is June 16th.

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