Where's Banca concluded the offer on the Stock Exchange early unexercised option rights relating to the recent capital increase of 400 million euro. This was announced by the institute, specifying that “during the first session of the stock exchange offer, all 6.676.180 unexercised rights were sold, giving the right to subscribe for no. 1.144.488 newly issued ordinary shares”.
The exercise of the unopted rights and the subscription of the shares must take place, under penalty of forfeiture, by 5 July. The price of each share is 2,395 euro and the ratio is 6 shares for every 35 rights.
UBI also recalls that "during the offer period, which began on 12 June and ended on 27 June, 967.529.640 option rights were exercised and, therefore, 165.862.224 newly issued shares have already been subscribed, equal to 99,31% of the total new shares offered, for a total value of 397.240.026 euros".
The offer is assisted by an underwriting syndicate made up of Credit Suisse, Banca IMI (Intesa Sanpaolo Group), Banco Santander and Mediobanca. The prospectus is available on the site www.ubibanca.it.
Today mid-morning the stock on the stock exchange of Ubi gains 0,6%, to 3,894 euros.
