As a result of the execution of the Share Capital Increase Free of Charge, over the period between 12th August 2021 and 9th September 2021, BFF's share capital increased for an amount equal to Euro 1,188.88, through the issuance of 1,544 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 10th September 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: | 142.655.646,13 | 185.267.073 | Without nom. value | 142.654.457,25 | 185.265.529 | Without nom. value |
Ordinary shares (regular entitlement: 01/01/2021) Current coupon number: 4 | 142.655.646,13 | 185.267.073 | Without nom. value | 142.654.457,25 | 185.265.529 | Without nom. value |
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With reference to the Stock Option Plan 2016, it should be further noted that, from the beginning of the exercise period (8th April 2019) until 9th September 2021, 1,235,904 shares (of which 842,829 newly issued) were assigned, against 5,191,392 options exercised on a cash-less basis and 401,638 options exercised with the ordinary method over the same period. The number of options assigned and not exercised yet to date amounts to 2,740,150, of which 1,771,150are vested and exercisable options.
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The number of the treasury shares held by the Bank is equal to 263,851 as of 9th September 2021.
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BFF Bank S.p.A. published this content on 10 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 September 2021 15:41:03 UTC.