MPS: The Assembly approves the capital increase for OPS on Mediobanca. LOVAGLIO: “We will transform the bank”. Caltagirone confirmed according to shareholder
The shareholders’ meeting of Monte dei Paschi di Siena approved with an overwhelming majoritycapital increase at the service of theOPS (Public exchange offer) on Mediobanca. The proposal received the yes of the86.48% of those – equal to 63.64% of the share capital – confirming a very large consensus among the shareholders. The assembly participated in the 73.59% of the share capital.
Not only the OPS: the shareholders also gave light to the Budget 2024at the distribution of dividendat remuneration policiestoBoard of Directors and to some statutory changes. A vote, therefore, which confirms the solidity of consent Around the new industrial strategy presented by management.
The words of CEO Lovaglio and the strategic role of Caltagirone
To give the tone to the assembly were the words of the CEO Luigi Lovagliowhich defined the day «one Very important stage for the future development of the bank “. For the manager, the union with Mediobanca represents “one ‘transformation opportunities»Intended for value for all shareholders, thanks to a “force asset such as to allow us to distribute 100% of profits strengthening the heritage ».
“Three years ago we asked for the trust of investors For an increase of 2.5 billion and those who believed it was rewarded. Now we are committed to doing the same with this operation, “said Lovaglio, underlining how theAlliance with Piazzetta Cuccia ports not only a dowry historical brandbut also «skills of excellence».
The president also on the same wavelength Cowwhich underlined the importance of transparency and of the dialogue with the equity base: «The performance in the presence of the Assembly is a attention signal for our shareholders “.
On the sidelines of the assembly, among the most relevant innovations, the official confirmation of the position of Francesco Gaetano Caltagirone as second shareholder of the bank, with a share of the 9.96%. Until now, this participation had been the subject of rumors, while the confirmation came over the work. The first shareholder remains the MEF with the11.73%followed precisely by Caltagirone and by Dolphin of the heirs Of the old with the 9.86%. More detached Banco BPM (5%) And Holding soul (3.99%).
The strategic position of Caltagirone assumes a particular importance also in the light of the litigation still in progress with the bank. Just during the assembly, it emerged that six companies of the Caltagirone group started one in 2022 cause of 741 million euros at the Court of Rome, for alleged damages related to investments made between 2006 and 2012. Mps rejected all the accusations and objected to the prescription, specifying that At the moment there are no ongoing negotiations For a good -natured resolution.
The approval of the capital increase was supported not only by great historical membersbut also from Institutional investors And international funds. They also expressed a favorable vote Norges Bank (Norwegian sovereign fund), Pimco, Algebris Of Davide Serra, ENPAM, Enasarco and the group of bank foundations.
