INTESA SANPAOLO CONCLUDES ORDINARY SHARE BUY-BACK PROGRAMME
TO SERVE A FREE ASSIGNMENT PLAN FOR EMPLOYEES  

  

Torino, Milano, June 27^th 2012 – Intesa Sanpaolo communicates that yesterday, June 26^th 2012, the Bank concluded its ordinary share buy-back programme started on the same day to serve a free assignment Plan reserved to its employees. The Plan had been approved at the Shareholders’ Meeting held on May 28^th 2012 and disclosed to the market in the press release issued on June 25^th 2012. The Bank’s subsidiaries shown in the aforementioned press release also terminated their purchase programmes of Parent Company shares for free assignment to employees. These programmes are in accordance with resolutions of their respective competent corporate bodies and are analogous to that approved at the Parent Company’s Shareholders’ Meeting.

As also required by articles 113-ter of Legislative Decree 58 of February 24^th 1998 (TUF-Consolidated Law on Finance) and article 144-bis of Consob Resolution 11971/99 (Issuers’ Regulation) details are provided below with respect to the purchases executed. Information is hereby given by Intesa Sanpaolo also on behalf of the aforementioned subsidiaries.

The buy-back programme was executed on a single day (June 26^th 2012) when the Intesa Sanpaolo Group totally purchased - through Banca IMI, in charge of the programme execution - 12,894,692 Intesa Sanpaolo ordinary shares (representing approximately 0.08% of the ordinary share capital) at an average purchase price of 0.97969 euro per share, for a total countervalue of 12,632,743 euro while the Parent Company purchased 6,547,562 shares at an average purchase price of 0.97991 euro per share, for a countervalue of 6,416,021 euro.

Purchase transactions were executed in compliance with provisions included in articles 2357 and following ones and 2359-bis and following ones of the Italian Civil Code and within the limits of number of shares and consideration as determined in the resolutions passed by the competent corporate bodies. Pursuant to article 132 of TUF and article 144-bis of Issuers’ Regulation and related implementing provisions, purchases were carried out on the regulated market MTA managed by Borsa Italiana in compliance with trading methods laid down in the market rules for these transactions. 

Moreover, as for the purchase modality, transactions were carried out in compliance with conditions and restrictions under articles 5 and 6 of the EU Commission Regulation 2273/2003 and market practices under article 180, paragraph 1, letter c of TUF, approved by Consob.

The total number of shares purchased, and thus the daily volume of purchases executed, was not in excess of the 25% of the daily average volume of Intesa Sanpaolo ordinary shares traded in May 2012, which was equal to 177.7 million shares.

Share purchases are detailed in the enclosure and summarised in the table below.

 

COMPANIES	SHARES PURCHASED	AVERAGE PURCHASE PRICE (€)	COUNTERVALUE (€)
INTESA SANPAOLO	6,547,562	0.97991	6,416,021
BANCA CR FIRENZE	131,668	0.97905	128,910
BANCA DI TRENTO E BOLZANO	14,629	0.97982	14,334
BANCA IMI	1,380,140	0.97862	1,350,633
BANCO DI NAPOLI	195,065	0.97909	190,986
BANCA INFRASTRUTTURE INNOVAZIONE E SVILUPPO	207,749	0.97909	203,405
C.R. BOLOGNA	14,629	0.97837	14,313
C.R. FORLI' E ROMAGNA	29,259	0.98029	28,682
C.R. FRIULI	14,629	0.9807	14,347
C.R. VENETO	58,519	0.97924	57,304
C.R. VENEZIA	19,506	0.98002	19,116
INTESA SANPAOLO ASSICURA	19,507	097999	19,117
INTESA SANPAOLO GROUP SERVICE	558,881	0.97903	547,161
INTESA SANPAOLO PRIVATE BANKING	156,054	0.979	152,777
LEASINT	48,767	0.97982	47,783
MEDIOCREDITO ITALIANO	19,506	0.98078	19,131
MEDIOFACTORING	73,151	0.98167	71,810
SETEFI	58,520	0.98094	57,405
BANCA FIDEURAM	382,341	0.98049	374,882
FIDEURAM INVESTIMENTI	170,689	0.97883	167,076
BANCA CR FIRENZE ROMANIA	39,014	0.98043	38,250
BANCA INTESA BEOGRAD	296,510	0.97988	290,544
BANK OF ALEXANDRIA	176,540	0.97905	172,841
BANKA KOPER	217,017	0.97951	212,570
CIB BANK	58,521	0.98019	57,362
INTESA SANPAOLO BANKA BOSNA I HERCEGOVINA	78,028	0.97909	76,396
INTESA SANPAOLO CARD	63,398	0.9801	62,136
PRIVREDNA BANKA ZAGREB	416,480	0.97969	408,021
PRAVEX-BANK	219,455	0.97748	214,513
VUB BANKA	253,595	0.97989	248,495
EURIZON CAPITAL	747,129	0.98085	732,821
EURIZON CAPITAL (LUX)	116,068	0.97957	113,697
EPSILON ASSOCIATI	112,166	0.97983	109,904
TOTAL OF THE PROGRAMME	12,894,692	0.97969	12,632,743

 

 

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