Banca Monte Dei Paschi Di Siena Comments on ISP's Increase Of Cash Component Of Offer To €1.25 Per MPS Share

By Reuters News

- Banco BPM SpA BAMI.MI:

  • ISP INCREASES CASH COMPONENT OF OFFER TO €1.25 PER MPS SHARE

  • ISP HAS MADE CONTINUATION OF ISP OFFER CONDITIONAL UPON ABANDONMENT OF MPS PROJECT

  • BOARD BELIEVES PREMIUM COMMUNICATED BY ISP MUST BE ASSESSED TAKING INTO ACCOUNT CHARACTERISTICS OF ISP OFFER

  • ASKS SHAREHOLDERS TO MAKE DECISION BEFORE PUBLICATION OF ISP OFFER DOCUMENT AND MPS’S ISSUER’S STATEMENT

  • EVEN AFTER INCREASE OF CASH COMPONENT, CONSIDERATION REMAINS PREDOMINANTLY COMPOSED OF ISP SHARES

Further company coverage: BAMI.MI

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