Brief: Banco Di Desio To Propose Shareholders Mandatory Conversion Of Savings Shares Into Ordinary Shares
June 17 (Reuters) - Banco di Desio e della Brianza SpA
DESI.MI :
* PROPOSES SHAREHOLDERS MANDATORY CONVERSION OF SAVINGS
SHARES
INTO ORDINARY SHARES
* CONVERSION RATIO AT 0.88 ORDINARY SHARES FOR EACH SAVINGS
SHARE
IN CASE OF 2019, 2020 PREVENTIVE DIVIDENDS DISTRIBUTION
* CONVERSION RATIO AT 0.90 ORDINARY SHARES FOR EACH SAVINGS
SHARE
IN ABSENCE OF 2019, 2020 PREVENTIVE DIVIDENDS DISTRIBUTION
Source text for Eikon: ID:nBIA33qdN5
Further company coverage: DESI.MI
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