Banco BPM SpA

Regulatory Filings • Jun 29, 2018

Informazione Regolamentata n. 1928-74-2018		Data/Ora Ricezione 29 Giugno 2018 14:32:17	MTA
Societa'	:	Banco BPM S.p.A.
Identificativo Informazione Regolamentata	:	105742
Nome utilizzatore	:	BANCOBPMN08 - Marconi
Tipologia	:	2.2
Data/Ora Ricezione	:	29 Giugno 2018 14:32:17
Data/Ora Inizio Diffusione presunta	:	29 Giugno 2018 14:32:18
Oggetto	:	PR_BancoBPM_TRANSFER OF INSURANCE CONTRACTSUB-ADVISORY MANDATES TO ANIMA COMPLETED
Testo del comunicato

Vedi allegato.

PRESS RELEASE

TRANSFER OF INSURANCE CONTRACT SUB-ADVISORY MANDATES TO ANIMA COMPLETED

THE TRANSACTION VALUE IS 114 MILLION EURO, WITH A POSITIVE IMPACT OF 18 BPS ON THE FULLY-LOADED CET1 RATIO

Milan, 29 June 2018 – Today the subsidiary Banca Aletti has executed the transfer of the sub-advisory mandates for the insurance assets to Anima SGR S.p.A., as per the Memorandum of Understanding signed by Banco BPM and Anima on 4 August 2017 and the following agreement between the parties communicated to the market on 7 February 2018.

The price received today by Banca Aletti is € 113.6 million (ex-VAT), as calculated based on the assets under management transferred to Anima SGR, amounting to approx. €9.4 billion. The transaction creates the recognition of a pre-tax gain of equal amount through profit and loss in the second quarter of the year by both Banca Aletti and the Group. Based on the capital ratios as at 31 March communicated to the market, the resulting estimated positive effect on the Group's phase-in CET1 ratio comes in at 17 bps (18 bps at fully-loaded level).

Contacts:

Investor Relations Roberto Peronaglio +39 02.77.00.2057 investor.relations@bancobpm.it Communications Matteo Cidda +39 02.77.00.7438 matteo.cidda@bancobpm.it Media Relations +39 02.77.00.3784 stampa@bancobpm.it