Popolare di Bari, free shares to those attending the meeting – Economy


Free shares for 20 million euros to all members who will participate in the Banca Popolare di Bari Assembly which will have to vote on the rescue and recovery plan Fitd-Mcc. This is what Fitd provides, in agreement with the Mcc and with the Extraordinary Commissioners, according to which the assignment “will be regardless of how they voted, according to proportionality criteria within the limits that will be defined in the meeting documentation”. An incentive is also provided for the shareholders who will participate in the Shareholders’ Meeting: a warrant for each share held, different from those subscribed in the 2014/15 capital increase, as well as further benefits.

The bailout and recovery plan provides for a settlement offer to the shareholders who will participate in the meeting of 2.38 euros per share. It is, explains a note, the last quotation price of the security in the HI-MTF market. Shareholders will be asked to waive any claim or action related to the Bank’s share capital increases, approved and carried out during the 2014 and 2015 financial years. Bank customers with non-performing or so-called positions are excluded from this proposal. “unlikely to pay” and the other categories which will be specified in the explanatory document.


Please enter your comment!
Please enter your name here