PRESS RELEASE
SIGNED AN AGREEMENT FOR THE SALE OF THE CONTROL IN CEDACRI TO ION INVESTMENT GROUP LIMITED ("ION")
It is announced that today the Shareholders of Cedacri - FSI (27.1%), Banca Mediolanum (15.6%), Cassa di Risparmio di Asti (11.1%), Banco di Desio e della Brianza (10.1%), BPER Banca (7.5%), Banca Popolare di Bari (6.6%), Cassa di Risparmio di Bolzano (6.5%), Banca del Piemonte (4.2%), Credito Emiliano (3.9%), Cassa di Sovvenzioni e Risparmio fra il Personale della Banca d'Italia (2.0%), Società Reale Mutua di Assicurazioni (1.3%), Banca del Fucino (1.1%), Banca Valsabbina (1.1%), Cassa di Risparmio di Cento (1.0%), Cassa di Risparmio di Volterra (1.0%) - have signed a binding agreement for the sale to ION of their respective equity stakes in Cedacri, the leading Italian operator in the IT outsourcing market for banks and financial institutions.
The completion of the transaction is subject to the fulfilment of certain condition precedents and is therefore expected by the third quarter of 2021.
As regards Banco Desio, the sale of the equity investment would generate a capital gain recognized entirely in equity. The overall expected final effect on CET 1 is estimated at 42 bps for the CRR Brianza Unione Group and 84 bps for the Banco Desio Group (Banking Group).
Desio, 5 March 2021
BANCO DI DESIO E DELLA BRIANZA S.p.A.
The Chairman
Contacts:
Investor Relator | Administration Direction and | Marco Rubino di Musebbi |
Giorgio Federico Rossin | General Affairs - Corporate Affairs | Community Srl |
Area | Communications consultancy | |
Tel. 0362/613.469 | Tel. 0362/613.214 | Tel. 02.89404231 |
Mobile 335/7764435 | Fax 0362/613.219 | Mobile 335/6509552 |
Fax 0362/613.219 | segreteriag@bancodesio.it | Fax 02/8321605 |
g.rossin@bancodesio.it | marco.rubino@communitygroup.it |
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Banco di Desio e della Brianza S.p.A. published this content on 08 March 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 March 2021 16:24:01 UTC.