Press Releases - Investors - BFF Banking Group
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Milan, 1st June 2022 – BFF Bank S.p.A. (“BFF” or the “Bank”), pursuant to article 85-bis of CONSOB Regulation n° 11971/1999 (Issuers) as subsequently amended, communicates 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 3rd May 2022, BFF’s share capital increased by an amount equal to Euro 154.159,39, through the issuance of 200.207 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”).
The certificate of the change in share capital was filed with the Companies’ Registration List of Milan, Monza Brianza and Lodi, on 31st May 2022.