Malcalza Investimenti rose to 27,555% of the share capital of Banca Carige, of which it is the largest shareholder, last 7 September. The previous situation recorded by Consob is dated 22 December 2017, at 20,639%. The latest official data on Malacalza's share of Carige (23,958%) dates back to last August 23, the day of the announcement of the list for the board led by banker Pietro Modiano.
During the month of August, Malacalza had risen beyond the threshold of 24%: between 6 August, the day of its first transaction, and 31 August, Malacalza Investimenti Srl in fact purchased over two billion ordinary shares of the institution on the market of credit, equal to 3,659% of the capital.
The first shareholder, in view of the definition of the new board of directors, is opposed by the shareholders' agreement signed by Raffaele Mincione, Gabriele Volpi and Aldo Spinelli, through their respective companies Pop 12, Lonestar and Spininvest, which binds 15,198% of Banca Carige's capital. An agreement limited to the ordinary shareholders' meeting of Carige on 20 September, which will establish the appointment of the new board of directors and is therefore designed ad hoc to compete with Malacalza.
