Analyst Research

Report Title Price
Provider: Reuters Investment Profile
$20.00
Provider: Wright Reports
$449.00
Provider: Wright Reports
$127.00
Provider: SADIF-Investment Analytics, S.A.
$25.00

NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Banca Popolare Dell Etruria E Del Lazio Societa Cooperativa Defines Terms and Conditions of Share Capital Increase


Thursday, 6 Jun 2013 03:12pm EDT 

Banca Popolare Dell Etruria E Del Lazio Societa Cooperativa (BPEL) announced that the Board of Directors, in execution of the decision of the Extraordinary Shareholders’ Meeting of November 11, 2012, has defined the terms and conditions of the capital increase, resolving to issue 166.666.657 ordinary shares, without an indication of the nominal value, with standard rights and with the same characteristics as shares already in circulation, for a maximum value of EUR 99.999.994,20, to be offered under option to BPEL shareholders, at a unit price of EUR 0,60, of which EUR 0,12 is the share premium. The shares will be offered at a ratio of 17 new ordinary shares for every 5 BPEL share held. The issue price of the new shares has been established by applying a discount of approximately 29,47% on the Theoretical Ex Right Price (TERP) of BPEL shares, calculated on the basis of the official Stock Market price. The period for exercising option rights will start on June 10, 2013 and will end on July 5, 2013 and that trading of option rights on the Stock Market will start on June 10, 2013 and will end on June 28, 2013. 

Company Quote

0.685
-0.0020 -0.29%
22 Jul 2014