Press Releases - BFF Banking Group
Press Releases
Milan, 13th February 2024 – BFF Bank S.p.A. (“BFF” or the “Bank”), pursuant to article 85-bis of CONSOB Regulation n° 11971/1999 (Issuers) as subsequently amended, announces 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 12th February 2024, BFF’s share capital increased by an amount equal to Euro 210,991.55, through the issuance of 274,015 new BFF ordinary shares, assigned to BFF Group’s employees in relation with the remuneration and incentive policies’ requirements, in the context of:
(i) the Management by Objective incentive system;
(ii) 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”);
(iii) the “Stock Option Plan of Banca Farmafactoring Banking Group”, approved by the Shareholders’ Meeting of 2nd April 2020 (“SOP 2020”).
The certificate of the change in share capital was filed with the Companies’ Registration List of Milan, Monza Brianza and Lodi, on 12th February 2024.
