Another day in great shape in Piazza Affari for the share of Banca Popolare di Milano, which, after the +7,1% recorded yesterday, is gaining 3% today in the mid-morning 0,6635 euro, achieving the best increase in the Ftse Mib.
The wave of purchases was triggered by the conclusion of thecapital increase of 500 million euro. The option offer closed last Friday with the subscription of 99,48% of the total shares offered, for a total value of 497.146.891,23 euros. 16.683.900 option rights have not been exercised and will be offered on the Stock Exchange between today and next Monday.
Il Athena Capital Fund by Raffaele Mincione partially adhered to the recapitalization, dropping from 7,019% to 5,7% in the capital of Bpm due to the failure to resolve "the known problems relating to governance", the shareholder announced, specifying that, in the event that the situation were not change, "will not make further investments in the Bank".
