The offer on the Stock Exchange of 0,15% of the unexercised rights as part of the 5 billion capital increase concluded last Friday by Monte dei Paschi di Siena closed early, already on the first day. The operation had been archived with subscriptions equal to 99,85% of the shares offered, for an amount of 4,992 billion euros.
Today, however, all 178.555 unexercised rights were sold at the price of 17,75 euro per share, giving the right to subscribe for 7.642.154 newly issued MPS ordinary shares deriving from the capital increase.
The exercise of the rights and the consequent subscription of the new shares must be carried out, under penalty of forfeiture, by 4 July next. The shares will be subscribed at the price of one euro with a conversion ratio of 214 new shares for every 5 rights.
Meanwhile, the MPS share on the Stock Exchange gains 4,8% in the early afternoon, leading the rises of the Ftse Mib.
