* UniCredit sells stake of around 9.1 pct in Pekao
* Capital gain about 135 mln euros
* Remains committed to the bank and Poland
(Releads to include UniCredit statement)
MILAN/WARSAW, Jan 30 Italy's UniCredit
said it had raised around 890 million euros ($1.21 billion) from
the sale of a 9.1 percent stake in Poland's No. 2 bank Pekao
on Wednesday, confirming what sources had told Reuters.
Italy's biggest bank in terms of assets said in a statement
the Pekao shares had been priced at a 4 percent discount to the
average price of the last three months at 156 zlotys per share.
Earlier on Wednesday, market sources said UniCredit had
closed the books on the sale of the stake at 156 zlotys per
The sale came a week after Poland successfully sold a 5.24
billion-zloty stake in Pekao's larger rival PKO BP in a
similar accelerated bookbuilding process.
UniCredit, which sees Poland as a strategic market, said the
capital gain from the sale was about 135 million euros.
The bank, headed by Chief Executive Federico Ghizzoni, said
it continued to hold a 50.1 percent stake in its Polish unit and
remained fully committed to the bank.
"UniCredit is not envisaging any sales of additional shares
of Pekao following the completion of the placement," it said.
Ghizzoni said on Tuesday he expected the sale of as much as
9.1 percent of Pekao to boost the bank's Basel III Core Tier 1
by about 10 to 13 basis points.
In November the bank said its Core Tier 1 ratio was 9.3
percent, higher than the end-2012 previous target of 9.1
($1 = 0.7370 euros)
(Reporting by Adrian Krajewski and Pawel Bernat in Warsaw and
Stephen Jewkes in Milan; Editing by Greg Mahlich and Richard