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Equita Group Capital/Financing Update 2022
4479_agm-r_2022-02-22_373f7707-2347-4ab6-ac95-fb23d0f4761b.pdf
Capital/Financing Update
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| Informazione Regolamentata n. 20115-13-2022 |
Data/Ora Ricezione 22 Febbraio 2022 17:39:09 |
Euronext Star Milan | |
|---|---|---|---|
| Societa' | : | EQUITA GROUP | |
| Identificativo Informazione Regolamentata |
: | 157658 | |
| Nome utilizzatore | : | EQUITAGROUPN04 - Graziotto | |
| Tipologia | : | REGEM; 2.5 | |
| Data/Ora Ricezione | : | 22 Febbraio 2022 17:39:09 | |
| Data/Ora Inizio Diffusione presunta |
: | 22 Febbraio 2022 17:39:12 | |
| Oggetto | : | The Board of Directors approves free share capital increase to serve the assignment of "2019-2021 Equita Group Incentive Plan" shares |
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| Testo del comunicato |
Vedi allegato.
THE BOARD OF DIRECTORS APPROVES FREE SHARE CAPITAL INCREASE TO SERVE THE ASSIGNMENT OF "2019-2021 EQUITA GROUP PLAN BASED ON FINANCIAL INSTRUMENTS" SHARES
- THE FREE SHARE CAPITAL INCREASE WILL INVOLVE NO. 272,800 ORDINARY SHARES, EQUAL TO 0.5% OF THE TOTAL OUTSTANDING SHARES AS OF TODAY
Milan, 22 February 2022
The Board of Directors of Equita Group S.p.A. (the "Company", "Equita" or the "Group") today resolved upon the free share capital increase – exercising the mandate conferred by the Shareholders' Meeting on 16 April 2018 – pursuant to articles 2443 and 2349 of the Italian Civil Code. The Board of Directors agreed to increase the Company's share capital by a nominal amount of Euro 62,072.35, by issuing no. 272,800 ordinary shares1 to be assigned to the Group's employees who are beneficiaries of performance shares assigned in 2021 as part of the incentive plan "2019-2021 Equita Group Plan based on financial instruments" (the "Plan").
The newly issued shares (equal to approximately 0.5% of the total outstanding shares) 2 will be assigned in favour of beneficiaries according to the terms and conditions provided by the Plan. Following the free share capital increase, the total amount of ordinary shares of the Company will amount to no. 50,497,000, of which no. 4,059,802 treasury shares.
For further information about the Plan – including the information required by Attachment 3A, Scheme 7, of the Issuers' Regulation – please refer to the 2020 Remuneration report approved by the Board of Directors of the Company on 17 March 2021 (Corporate Governance section, Shareholders' Meeting area).
Equita Group Investor Relations – Andrea Graziotto [email protected]
Close to Media Adriana Liguori [email protected]
FinElk Teresa Wincrantz [email protected]
Equita, the leading Italian independent investment bank, has been offering its expertise and insight on financial markets to professional investors, corporates and institutions for more than 45 years. The holding Equita Group, listed on the "Euronext STAR Milan" segment of the Italian Stock Exchange, counts its managers and professionals among shareholders (with approximately 54% of the share capital) and this ensures a strong alignment of interests with investors. With its global markets activities, today Equita is the leading independent broker in Italy that offers to its institutional clients brokerage services on equities, fixed income, derivatives and ETFs. Moreover, thanks to the continuous engagement of the award winning research team – acknowledged for its top quality research – the trading floor supports investors' decisions with valuable analyses and investment ideas on Italian and European financial markets. Equita also leverages on a unique investment banking platform that combines independent strategic advice with unparalleled access to capital markets. The wide offering proposed includes advisory services in M&A, other extraordinary financial transactions, along with equity and fixed income capital raising solutions. Our aim is to best serve all clients, from large industrial groups to small and medium enterprises, from financial institutions to the public sector. Lastly, Equita Capital SGR offers to institutional investors and banking groups its asset management competences and its deep understanding of financial markets, especially in mid and small caps. The strong focus on alternative assets like private debt and the asset management strategies based on distinctive areas of expertise of the Group make Equita Capital SGR the best partner for both investors looking for interesting returns and banking groups that would like to co-develop new products for their retail networks.
2 Excluding treasury shares.
1 Ordinary shares with no-par value and having the same rights of other outstanding shares. The capital increase will be executed by assigning the corresponding amount of profit reserves.