Press Releases - BFF Banking Group
News & Media
Milan, 26th March 2021 – It is recalled that the Shareholders’ Meeting of BFF Bank S.p.A. (“BFF” or the “Bank”), held yesterday, 25th March 2021, in ordinary session and in a single call, approved, inter alia, to pay a dividend per share, gross of withholding taxes, of Euro 0.017495 for each 184,694,346 BFF ordinary shares, for a total of Euro 3,231,388, corresponding to a small portion of the total amount of 2019-2020 accrued dividends, equal to Euro 168.5 million (“2019-2020 Total Cash Dividend”).
The approved dividend includes the portion attributable to the treasury shares which the Bank may hold at the record date. The payment will take place starting from 31st March 2021, with ex-dividend date of coupon n° 3 on 29th March 2021, and record date (i.e., date of entitlement to the dividend payment itself) on 30th March 2021.
The dividend will be credited to the intermediary used by each shareholder.
Please note that the Bank’s Board of Directors is committed to call an ordinary Shareholders’ Meeting as soon as possible, in compliance with the Bank of Italy’s recommendation and, therefore, expectedly, after 30th September 2021, to resolve on the distribution of the remaining 2019-2020 Total Cash Dividend, equal to Euro 165,275,418.
This payment notice has been published, as an extract, in today’s daily newspaper “Il Sole 24 Ore”, 26th March 2021.