As a result of the execution of the Share Capital Increase Free of Charge, over the period between 16th June 2021 and 14th July 2021, BFF's share capital increased for an amount equal to Euro 47,270.30 through the issuance of 61,390 new BFF ordinary shares, assigned to BFF Group's employees in relation with the remuneration and incentive policies' requirements, in the context of:
- the Management by Objective incentive system
- the 'Stock Option Plan of Banca Farmafactoring Banking Group' originally approved by the Shareholders' Meeting on 5th December 2016 and modified by the Shareholders' Meeting on 28th March 2019 ('Stock Option Plan 2016').
The certificate of the change in share capital was filed with the Companies' Registration List of Milan, Monza Brianza and Lodi, on 16th July 2021.
TABLE 1 | Current share capital | Previous share capital | ||||
Euro | N° of shares | Unitary nom. value | Euro | N° of shares | Unitary nom. value | |
Totalof which: | 142,637,330.91 | 185,243,287 | Without nom. value | 142,590,060.61 | 185,181,897 | Without nom. value |
Ordinary shares (regular entitlement: 01/01/2021) Current coupon number: 4 | 142,637,330.91 | 185,243,287 | Without nom. value | 142,590,060.61 | 185,181,897 | Without nom. value |
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With reference to the Stock Option Plan 2016, it is further specified that, from the beginning of the exercise period (April 8th, 2019) until June 14th , 2021, were assigned - contrary to what is indicated in the notice made available on June 17th, 2021, a number of 1,127,080 shares. It is further specified that, from the beginning of the exercise period (8th April 2019) until 14th July 2021, a number of 1,200,918 shares were assigned (of which 819,043 newly issued), against 5,115,392 options exercised on a cash-less basis and 390,438 options exercised with the ordinary method over the same period. The number of options assigned and not exercised yet to date amounts to 2,827,350, of which 1,858,350 are vested and exercisable options.
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The number of the treasury shares held by the Bank is equal to 277,694 as of 14th July 2021.
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BFF Bank S.p.A. published this content on 17 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 July 2021 07:50:03 UTC.