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Share Issue/Capital Change • Feb 13, 2024
4232_rns_2024-02-13_ff1f4b89-e2d3-41b7-ada8-1505fbde1940.pdf
Share Issue/Capital Change
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PRESS RELEASE
COMUNICATO STAMPA
Notice of change in share capital – January 2024
Milan, 13th February 2024 – BFF Bank S.p.A. ("BFF" or the "Bank"), pursuant to article 85-bis of CONSOB Regulation n° 11971/1999 (Issuers) as subsequently amended, announces the new composition of its share capital (fully subscribed and paid-in), following the partial execution of the share capital increase free of charge, resolved by the Bank's Shareholders' Meeting of 2nd April 2020 ("Share Capital Increase Free of Charge").
As a result of the execution of the Share Capital Increase Free of Charge, in the period until 12th February 2024, BFF's share capital increased by an amount equal to Euro 210,991.55, through the issuance of 274,015 new BFF ordinary shares, assigned to BFF Group's employees in relation with the remuneration and incentive policies' requirements, in the context of:
- (i) the Management by Objective incentive system;
- (ii) the "Stock Option Plan of Banca Farmafactoring Banking Group", originally approved by the Shareholders' Meeting of 5th December 2016, and modified by the Shareholders' Meeting of 28th March 2019 ("SOP 2016");
- (iii) the "Stock Option Plan of Banca Farmafactoring Banking Group", approved by the Shareholders' Meeting of 2 nd April 2020 ("SOP 2020").
The certificate of the change in share capital was filed with the Companies' Registration List of Milan, Monza Brianza and Lodi, on 12th February 2024.
| TABLE 1 | Current share capital | Previous share capital | ||||
|---|---|---|---|---|---|---|
| Euro (€) | N° of shares | Nominal value per share |
Euro (€) | N° of shares | Nominal value per share |
|
| Total of which: | 144,157,893.80 187,218,044 | W/o nominal value |
143,946,902.25 186,944,029 | W/o nominal value |
||
| Ordinary shares (regular entitlement: 01/01/2024) N° of current coupon: 9 |
144,157,893.80 187,218,044 | W/o nominal value |
143,946,902.25 186,944,029 | W/o nominal value |
***
This press release is available on-line on BFF Group's website www.bff.com within the Investors > PR & Presentations section.
BFF Banking Group
BFF Banking Group is the largest independent specialty finance in Italy and a leading player in Europe, specialized in the management and non-recourse factoring of trade receivables due from the Public Administrations, securities services, banking and corporate payments. The Group operates in Italy, Croatia, the Czech Republic, France, Greece, Poland, Portugal, Slovakia and Spain. BFF is listed on the Italian Stock Exchange. In 2023 it reported a consolidated Adjusted Net Profit of €183.2 million, with a 14.2% Group CET1 ratio at the end of December 2023. www.bff.com
Contacts
Investor Relations Caterina Della Mora Marie Thérèse Mazzocca +39 02 49905 631 | +39 335 1295 008 | +39 335 6709492 [email protected]
Media Relations [email protected]
Alessia Barrera Director, Communication and Institutional Relations
Press Office Sofia Crosta +39 340 3434 065