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04 mar 2022 22:18
Notice of change in share capital – March 2022
.pdf

Milan, 4th March 2022 – BFF Bank S.p.A. (“BFF” or the “Bank”), pursuant to article 85-bis of CONSOB Regulation n° 11971/1999 (Issuers) as subsequently amended, communicates the new composition of its share capital (fully subscribed and paid-in), following the partial execution of the share capital increase free of charge, resolved by the Bank’s Shareholders’ Meeting of 2nd April 2020 (“Share Capital Increase Free of Charge”).

As a result of the execution of the Share Capital Increase Free of Charge, in the period until 4th March 2022, BFF’s share capital increased by an amount equal to Euro 1.464,54, through the issuance of 1,902 new BFF ordinary shares, assigned to BFF Group’s employees in relation with the remuneration and incentive policies’ requirements, in the context of:

  1. the Management by Objective incentive system.
  2. the “Stock Option Plan of Banca Farmafactoring Banking Group”, originally approved by the Shareholders’ Meeting of 5th December 2016, and modified by the Shareholders’ Meeting of 28th March 2019 (“SOP 2016”).

The certificate of the change in share capital was filed with the Companies’ Registration List of Milan, Monza Brianza and Lodi, on 11th February 2022.

 

TABLE 1

Current share capital

Previous share capital

 

Euro (€)

N° of shares

Unitary nomin. value

Euro (€)

N° of shares

Unitary nomin. value

Total of which:

142.692.765,52

185.315.280

W/o nominal value

142.691.300,98

185.313.378

W/o nominal value

Ordinary shares

(regular entitlement: 01/01/2022)

N° of current coupon: 5

142.692.765,52

185.315.280

W/o nominal value

142.691.300,98

185.313.378

W/o nominal value

***

With reference to the SOP 2016, it should be further noted that, from the beginning of the exercise period (8th April 2019) until 04th March 2022, 1.292.802 shares (of which 888.543 newly issued) were assigned, against 5.381.014      options exercised on a cash-less basis and 411.482 options exercised with the ordinary method over the same period. The number of options assigned, and to date not exercised yet, amounts to 2.510.684, of which 1.571.684 are vested and exercisable options.