Banca MPS's extraordinary and ordinary sharholders' meeting of 27-28-30 december 2013: new resolution proposal submitted by the MPS Foundation

Banca MPS’s shareholder, Fondazione Monte dei Paschi di Siena, has today submitted, pursuant to art. 126 bis of Legislative Decree no. 58/1998, a request for a new resolution proposal relating to item 1) on the Extraordinary Shareholders’ Meeting agenda.

The new resolution proposal, together with the report provided for by the law, concerns a modification to the timeframe for the execution of the capital increase envisaging it to be put into effect no earlier than 12 May 2014 (i.e. start date of the pre-emptive rights exercise period pursuant to art. 2441, para. 2, of the Civil Code).

The Bank’s Board of Directors shall be convened to express its potential considerations on the afore-mentioned report in compliance with the obligations required, under the timeframe and conditions laid down by the existing regulations.

In its press release today, Banca MPS’s shareholder, Fondazione Monte dei Paschi di Siena, has also announced its intention to vote against any other proposed resolutions on the same item.