BPER Banca S.p.A.

09/14/2021 | Press release | Distributed by Public on 09/14/2021 09:50

Share buy-back programme launched for free-of-charge allocation of shares to employees

BPER Banca announces that an ordinary share buy-back programme will be launched on 15 September 2021, to be completed indicatively by 31 October 2021. The buy-back programme is functional for the free-of-charge allocation of BPER Banca ordinary shares to the employees of the Group as part of the '2019-2021 Long-Term Incentive (LTI) Plan for Material Risk Takers', the 2021 MBO incentive plan and any severance payments due. The buyback will be carried out under the terms approved by BPER Banca's Shareholders Meeting of 21 April 2021 as previously disclosed to the market, within a maximum duration period of 12 months from 8 April 2021, the date of authorisation by the ECB. As required inter alia by art. 113-ter of Legislative Decree No. 58 of 24 February 1998 (the Consolidated Law on Finance) and art. 144-bis of Consob Resolution No. 11971/99 (the Issuers' Regulation), details of the buyback programme are provided below.

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