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Banca Ifis

Regulatory Filings May 11, 2020

4153_tar_2020-05-11_49401d81-745d-403a-b66c-e1b3174fd421.pdf

Regulatory Filings

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Informazione
Regolamentata n.
0147-47-2020
Data/Ora Ricezione
11 Maggio 2020
18:54:27
MTA - Star
Societa' : BANCA IFIS
Identificativo
Informazione
Regolamentata
: 132172
Nome utilizzatore : IFISN01 - DA RIO
Tipologia : REGEM; 2.2
Data/Ora Ricezione : 11 Maggio 2020 18:54:27
Data/Ora Inizio
Diffusione presunta
: 11 Maggio 2020 18:54:28
Oggetto : Exclusive negotiations for the acquisition of
a 70.77% stake in Farbanca S.p.A.
Testo del comunicato

Vedi allegato.

PRESS RELEASE

Exclusive negotiations for the acquisition of a 70.77% stake in Farbanca S.p.A.

Mestre (Venice), 11 May 2020 – Following the recent press reports, Banca IFIS informs that, until May 29th, it is in exclusive negotiations for the acquisition of 70,77% of the shareholders' capital of Farbanca S.p.A., a company owned by Banca Popolare di Vicenza.

The market will be promptly updated of the outcome of the negotiations.

Farbanca, founded in 1997, reported a net profit of 4,1 million Euro in 2019 with trade receivables of approximately 598 million Euro. As at 31 December 2019, its net equity stood at 65,5 million Euro and it had a CET1 ratio of 16% and risk-weighted assets (RWAs) of 409,9 million Euro.

Director of Communications and External Relations Rosalba Benedetto

+39 335 5319310 [email protected] www.bancaifis.it

Head of the Press Office Eleonora Vallin

+39 342 8554140 [email protected] www.bancaifis.it

Head of IR and Corporate Development Martino Da Rio

+39 02 24129953 [email protected] www.bancaifis.it

Press Office Image Building

Claudia Caracausi, Davide Bruzzese [email protected] [email protected] + 39 02 89011300

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