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Banca Mps stock sale

Mar 18, 2014 | 2014

At the request of the CONSOB (Italian Securities and Exchange Commission), and with reference to news reported today in the press, the Foundation announces that it carried out today an after-market sale of 1.4 billion shares in Banca Monte dei Paschi di Siena, the equivalent of 11.98%.

Taking into consideration the screen-based sales made today and in the past few days, the MPS Foundation’s holdings of Banca Monte dei Paschi stock are, as of this moment, 15.07%.

Proceeds from the sales are destined by priority to the total discharge of the residual debt owed to the foundation’s financial creditors.