February 27, 2020 / 7:22 AM / a month ago

BRIEF-Cattolica Assicurazioni Joins UBI Banca Main Shareholders Agreement

Feb 27 (Reuters) - Societa Cattolica di Assicurazione Sc :

* SAID ON WEDNESDAY IT ADHERED TO THE “CAR” AGREEMENT REGARDING UBI BANCA SHARES

* INCREASES ITS STAKE IN UBI BANCA UP TO 1.01% FROM THE PREVIOUS 0.50%

* EXCEEDS 1% THRESHOLD ENVISAGED BY AGREEMENT FOR APPOINTMENT OF MEMBER IN RELEVANT SHAREHOLDERS’ COMMITTEE (CAR)

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Further company coverage: (Gdansk Newsroom)

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