AGM Information • Feb 11, 2020
AGM Information
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| Informazione Regolamentata n. 1615-16-2020 |
Data/Ora Ricezione 11 Febbraio 2020 18:02:39 |
MTA | ||
|---|---|---|---|---|
| Societa' | : | FINECOBANK | ||
| Identificativo Informazione Regolamentata |
: | 127570 | ||
| Nome utilizzatore | : | FINECOBANKN02 - Spolini | ||
| Tipologia | : | REGEM | ||
| Data/Ora Ricezione | : | 11 Febbraio 2020 18:02:39 | ||
| Data/Ora Inizio Diffusione presunta |
: | 11 Febbraio 2020 18:02:40 | ||
| Oggetto | : | PR - Other resolutions | ||
| Testo del comunicato |
Vedi allegato.
The Board of Directors of FinecoBank today approved the following resolutions:
The Board of Directors of FinecoBank approved the Draft Financial Statement as at December 31, 2019, constituted by the Consolidated Financial Statements as at December 31, 2019 and the Draft Financial Statements of FinecoBank S.p.A. as at December 31, 2019. The Draft Financial Statements of FinecoBank as at December 31, 2019 will be submitted for approval to the next annual Shareholders' Meeting. In this context, the Board of Directors of the Company will submit a proposal for the distribution of dividends for 2019 fiscal year equal to Euro 0,320 per share. The Consolidated Financial Statements will be presented to the next annual Shareholders' Meeting.
Any dividend authorized by the Meeting will be paid on May 20, 2020 with coupon date of May 18, 2020, in accordance with the applicable laws and regulations. In accordance with Article 83-terdecies of the Legislative Decree no. 58/1998 ("Consolidated Law on Finance", also "TUF"), those with accredited shareholder status as per the accounting records on May 19, 2020 will be entitled to receive the dividend.
The Financial Statements 2019 will be published together with the reports required by law, as well as the Consolidated Financial Statements and the Non-Financial Statement pursuant to Legislative Decree no.254/2016, within the time limits provided for by the current legislation, also at the following link: https://finecobank.com/en/public/corporate/investors/bilanci-e-relazioni.
The Board of Directors of FinecoBank S.p.A., once verified the achievement of the performance targets, has approved, referring to the "2014-2017 Multi-year Plan Top Management" the allocation of 422,779 ordinary shares. Consequently, the Board of Directors has approved to increase the share capital, pursuant to Article 2449 of the Italian Civil Code, for a maximum amount of Euro 139,517.07 corresponding to 422,779 ordinary shares with a nominal value of Euro 0.33 each, that will be granted to the 2014-2017 Multi-year Plan Top Management beneficiaries by using the corresponding amount of the reserve known "Provisions
linked to the medium-term incentive system for the staff of FinecoBank". These shares – not subject to any constraints and, therefore, freely transferable from the date of their issue-will have the same rights as those in circulation and regular dividend.
The Board of Directors has approved the consequent amendments to the By-laws.
The Board of Directors, in order to execute the 2014, 2015, 2016 and 2017 Incentive Systems, once verified the achievement of the performance targets, has approved to allocate a maximum amount of 201,121 ordinary shares, and consequently to increase the share capital, pursuant to Article 2349 of the Italian Civil Code, for an overall maximum amount of Euro 66,369.93 corresponding to 201,121 ordinary shares with a nominal value of Euro 0.33 each that will be granted to the 2014, 2015, 2016 and 2017 Incentive Systems beneficiaries, as per the System Rules, by using the corresponding amount of the reserve known "Provisions linked to the medium-term incentive system for the staff of FinecoBank". These shares – not subject to any constraints and, therefore, freely transferable from the date of their issue – will have the same rights as those in circulation and regular dividend.
The Board of Directors has approved the consequent amendments to the By-laws, establishing that all the previous resolutions will be effective starting from March 31, 2020, date of the aforementioned capital increase execution.
FinecoBank is one of the most important FinTech banks in Europe. Listed in the FTSE MIB, FinecoBank has a business model unique in Europe, combining the best technologies with one of the largest financial advisory network in Italy. It offers from a single account banking, credit, trading and investment services though transactional and advisory platforms developed with proprietary technologies. Fineco is n.1 broker in Europe, and one of the most important player in Private Banking in Italy, offering efficient and tailor-made advisory services. Since 2017, FinecoBank is also in UK with an offer focused on brokerage and banking services. In 2018 Fineco Asset Management has been established in Dublin, with the mission to develop investment solutions in partnership with the best international asset managers.
Enquiries
Fineco - Media Relations Fineco - Investor Relations Tel.: +39 02 2887 2256 Tel. +39 02 2887 3736/2358 [email protected]om [email protected]
Barabino & Partners Tel. +39 02 72023535 Emma Ascani [email protected] +39 335 390 334
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