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The Monte dei Paschi Foundation sells 0,5% free of restrictions to maintain liquidity

The Monte dei Paschi Foundation has sold 0,5% of its 0,67% free from restrictions - Sales "aimed exclusively at the establishment of an adequate level of liquidity, in order to safeguard the financial equilibrium of the Entity in the medium term" – After the sale, the Foundation controls just over 33,5% of Monte dei Paschi

The Monte dei Paschi Foundation sells 0,5% free of restrictions to maintain liquidity

Between April and May, the Monte dei Paschi Foundation sold 0,5% of its 0,67% free of restrictions to maintain its financial balance. This was announced by the Foundation which, after this sale, controls just over 33,5% of the bank.
In particular, in the period indicated in 2013, sales transactions were carried out on the electronic stock market for a total of 58,37 million Banca Mps shares at an average price of 0,2142 euro per share. "These sales - notes the note - were aimed exclusively at the establishment of an adequate level of liquidity, in order to safeguard the financial equilibrium of the Entity in the medium term".

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