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Banca Monte dei Paschi di Siena SpA concludes rights offering with 4,999,698,478 euros raised

Friday, 4 Jul 2014 12:47pm EDT 

Banca Monte dei Paschi di Siena SpA:Announces that the rights offering for the subscription of 4,999,698,478 newly issued BMPS ordinary shares has been completed.The offering, which was fully subscribed, raised total proceeds of 4,999,698,478 euros and no new shares were subscribed by the underwriting syndicate.During the offering period, which opened on June 9 and closed on June 27, 116,636,830 rights were exercised in respect of 4,992,056,324 new shares, or 99.85 pct of the aggregate number of new shares available in the offering, for total proceeds of 4,992,056,324.00 euros.All remaining rights were sold in the Stock Exchange offering, during the first trading session on July 1.Following the Stock Exchange offering, all 7,642,154 of the new shares relating to the remaining rights were subscribed. 

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-0.0217 -4.17%
19 Dec 2014