Shareholder base
The subscribed and paid-up share capital amounts to 9,085,663,010.32 euro, divided into 17,509,728,425 ordinary shares without nominal value.
As of 26 June 2020, the shareholder structure of Intesa Sanpaolo was composed as follows (holders of shares exceeding 1% (1) (2) ):
|
SHAREHOLDER
|
ORDINARY SHARES
|
% OF ORDINARY SHARES
|
|---|---|---|
|
1,188,947,304
|
6.790%
|
|
|
767,029,267
|
4.381%
|
|
|
354,111,188
|
2.022%
|
|
|
350,384,917
|
2.001%
|
|
|
323,653,747
|
1.848%
|
|
|
319,106,347
|
1.822%
|
|
|
243,955,012
|
1.393%
|
(1) Shareholders that are fund management companies may be exempted from disclosure up to the 5% threshold.
(2) On 26 June 2020, BlackRock Inc. has communicated that the Company holds shares with voting rights equal to 4.986%, without prejudice to the aggregate investment of 5.048% as per form 120 B dated 6 May 2020.
(*) Also on behalf of the Government of Norway.
(**) The shareholder holds an aggregate investment equal to 6.580% as per form 120 B dated 24 June 2020. JPMorgan Chase & Co. made the original disclosure on 16 July 2018 (through form 120 B) in view of the positions held in relation to the issue of LECOIP 2.0 Certificates, having as underlying instruments Intesa Sanpaolo ordinary shares, that the Intesa Sanpaolo Group’s employees received under the 2018-2021 LECOIP 2.0 Long-term Incentive Plan based on financial instruments.
Note: figures may not add up exactly due to rounding differences.
Figures updated based on the results from the register of shareholders and the latest communications received.
The Italian regulations (Article 120 of Consolidated Law on Finance “TUF”) set forth that holdings exceeding 3% of the voting capital of a listed company shall be communicated to both the latter and CONSOB. Moreover, under Article 19 of Consolidated Law on Banking "TUB" prior authorisation by the Bank of Italy shall be required for the acquisition of holdings of capital in banks that are either significant or make it possible the exercise of significant influence or confer a share of voting rights or capital equal to at least 10%.
With resolution dated 9 April 2020, CONSOB confirmed that the additional temporary threshold of 1% above which notification is required pursuant to Article 120 of “TUF”, shall remain in place for three months starting from the entry into force of the resolution and without prejudice to its early revocation. Holdings above 1% and below 3% as at the date of entry into force of the resolution shall be disclosed within ten working days of the above-mentioned date. The resolution dated 9 April 2020 repealed and replaced the previous resolution of 17 March 2020 which had established the same temporary threshold.
The Italian regulations also set forth notification obligations regarding any agreements among shareholders.
Furthermore, Article 120, paragraph 4-bis, of “TUF” sets forth that investors acquiring holdings in listed issuers with Italy as home Member State, that are equal or exceed 10%, or any lower threshold as defined by CONSOB, of the relevant capital are obliged to declare the objectives pursued. With CONSOB resolution dated 9 April 2020, the relevant threshold for Intesa Sanpaolo was set at 5% of the Bank’s capital, for three months.
Last updated 29 June 2020 at 12:29:38
