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BST — Banca Sistema News Story

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Brief: Banca Sistema, Banca CF+ Say They Approved Plan For Merger By Absorption Of Banca Cf+ Into Banca Sistema

BRIEF-Banca Sistema, Banca CF+ Say They Approved Plan For Merger By Absorption Of Banca Cf+ Into Banca Sistema

- Banca Sistema SpA BSTA.MI, Banca CF+ SpA:

  • SAID ON WEDNESDAY THEY APPROVED PLAN FOR MERGER BY ABSORPTION OF BANCA CF+ INTO BANCA SISTEMA

  • FOLLOWING MERGER, BANCA SISTEMA TO CONTINUE TO BE LISTED ON EURONEXT MILAN REGULATED MARKET

  • EXCHANGE RATIO SET AT 1.35X, 1.35 ORDINARY SHARES OF BANCA SISTEMA FOR EACH ORDINARY SHARE OF BANCA CF+ CANCELLED AS A RESULT OF MERGER

  • FOLLOWING COMPLETION OF MERGER, BUSINESS PLAN FOR RESULTING ENTITY TO BE PREPARED


Further company coverage: BSTA.MI


(Gdansk Newsroom)

((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))

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