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Mps, Mancini to Valentini: first things are done and then they are said

Gabriello Mancini, president of the Mps Foundation, commented on the news announced yesterday by the mayor of Siena, Bruno Valentini, according to which the Municipality is looking for shareholders for Banca Mps - "First things are done and then they are said, I would have acted differently and I would have kept quiet,” he said

Mps, Mancini to Valentini: first things are done and then they are said

"Things are done first and then they are said, I would have acted differently and kept quiet". Thus Gabriello Mancini, president of the Mps Foundation, commented on the news announced yesterday by the mayor of Siena, Bruno Valentini, according to which the Municipality is looking for shareholders for Banca Mps.

“I agree with the words of the chairman and I add that in order to negotiate a possible sale, the shares would need to be disposed of”, asserted Claudio Pieri, director general of the Foundation, according to whom “these are delicate topics, sensitive data for the market given that Mps is listed. There are also criminal liabilities. "In short - concluded the manager - you need to be entitled to talk about it and do it in the appropriate offices and places, with closed markets and things done". Pieri also added that "together with the advisors, we as a Foundation have desperately sought investors, but we have not succeeded".

In the afternoon, the stock gains 0,84%.

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