The assembly of consultation agreement of the members of Mediobanca he decided to expand the agreement, bringing his own share in the share capital at 10,98% compared to the previous 10,84%.
This was communicated by the Banca di Piazzetta Cuccia at the end of the meeting of participants, held under the presidency of Angelo Casò, who examined the financial statements for the first half of the year.
Valsabbia Investimenti and PLT Holding enter
The assembly was unanimous approved for admission to the agreement of Valsabbia Investimenti SpA, a company of the Brunori, Cerqui and Oliva families active in the steel sector, owner of 1,2 million Mediobanca shares (0,14% of the share capital), and of PLT Holding Srl, a Tortora family company active in the renewable energy sector which purchased 4 million shares (0,47%) on the block market.
Angelini exits the agreement
Instead, the Angelini group after the sale on the market of blocks of 4 million shares (0,47%), already part of the Agreement.
Record profits for Mediobanca in the last quarter
Mediobanca recorded a record profit in the second half of the year, with a 10% increase in earnings per share compared to June. The bank reduced its risk-weighted assets by two billion euros. The CEO Albert Nagel aims to remunerate shareholders above 10%.
In the fourth quarter of 2023, Mediobanca reported revenues of 866,9 million euros and a net profit of 259,9 million, exceeding analysts' expectations. The institute's attention is now focused on the management of savings and assets, coordination between wealth management and corporate and investment banking, and on the stability of commissions over time. An interim dividend is expected in May.
