Transaction in Own Shares • Jan 10, 2018
Transaction in Own Shares
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| Informazione Regolamentata n. 1615-4-2018 |
Data/Ora Ricezione 10 Gennaio 2018 16:31:38 |
MTA | |
|---|---|---|---|
| Societa' | : | FINECOBANK | |
| Identificativo Informazione Regolamentata |
: | 97859 | |
| Nome utilizzatore | : | FINECOBANKN01 - Spolini | |
| Tipologia | : | 2.4 | |
| Data/Ora Ricezione | : | 10 Gennaio 2018 16:31:38 | |
| Data/Ora Inizio Diffusione presunta |
: | 10 Gennaio 2018 16:31:39 | |
| Oggetto | : | Pr FinecoBank purchase of treasury shares | |
| Testo del comunicato |
Vedi allegato.
FinecoBank S.p.A. informs that today's Board of Directors resolution, according to the provisions of articles 2357 and 2357-ter of the Civil Code, 132 of Legislative Decree no. 58/1998 and 144-bis of Issuers Consob Regulation, it will be required to the FinecoBank's ordinary Shareholders' Meeting – that will be called to approve 2017 financial statement – the authorization to purchase and to dispose of treasury shares for a maximum number of 297,620 FinecoBank ordinary shares, in order to acquire the financial instruments needed to carry out the "2018 PFA System" for the Personal Financial Advisors identified staff.
The requested authorization is for a maximum number of 297,620 ordinary shares, equal to 0.05% of share capital and, therefore, well below the maximum limit of 20% provided by the applicable regulation, also taking into consideration the number of 60,397 treasury shares owned by the Company as of today, equal to 0.01% of share capital, and also the maximum number of treasury shares that at the moment is estimated to be assigned to support Incentive Systems already approved or that will be approved in the future, or other needs not foreseeable at the moment.
The amount of the purchasing operations should not be below the nominal per share value, equal to a nominal value of Euro 0.33 and not above, as a maximum, to the official closing price of FinecoBank ordinary shares registered in the MTA ("Mercato Telematico Azionario" – Milan Stock Exchange) in the day preceding the purchase, increased by 5%.
The authorization to purchase will be released for a period of eighteen months from the date of the Shareholders' Meeting that passed the resolution for authorization.
Buy back operations of treasury shares could be executed only after having received the necessary authorization of the Regulator, according to articles 77-78 Reg. UE no. 575/2013 (CRR) dated June 26th, 2013.
FinecoBank is UniCredit Group's direct multichannel bank. It has one of the largest advisory networks in Italy, and is the number one broker in Italy for equity trades in terms of volume of orders and number one broker in Europe for number of executed orders. FinecoBank offers an integrated business model combining direct banking and financial advice, with a single free-of-charge account including a full range of banking, credit, trading and investment services, which are also available through applications for smartphone and tablet. With its fully integrated platform, FinecoBank is the benchmark for modern investors.
Contact info: Fineco - Media Relations Fineco - Investor Relations Tel.: +39 02 2887 2256 Tel. +39 02 2887 3295 [email protected] [email protected]
Barabino & Partners Tel. +39 02 72023535 Emma Ascani [email protected]
+39 335 390 334 Tommaso Filippi [email protected] +39 366 644 4093
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