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Unione Di Banche Italiane SCPA (UBI) Eur2.5

Sell:€3.57 Buy:€3.82 Change: €0.022 (0.58%)
Market closed |  Prices as at close on 12 August 2020 | Switch to live prices |
Takeover

Unione Di Banche Italiane SCPA Eur2.5

Type:
Takeover
Shareholder action required:
Yes
Status:
Update Pending
Details (last updated 15 Jul 2020)

What has happened?

 

The Boards of Unione Di Banche Italiane SCPA and Intesa Sanpaolo have recently announced the terms of a Tender Offer. Under the terms of the Offer holders of Unione Di Banche Italiane SCPA Shares can elect to receive 1.7 of an Intesa Sanpaolo Share for each Unione Di Banche Italiane SCPA Share held.

 

What are my options?

 

Option 1 – Do nothing. You are not required to take any action at this time. Depending on the level of acceptance the bidder may seek to delist and/or compulsory acquire any remaining Shares at a later date.

 

Option 2 – Accept the Share Offer. You can give an instruction to receive 1.7 of an Intesa Sanpaolo Share for each Share held. Following receipt of your instruction your Shares would be submitted in acceptance of the Offer. The Shares will be credited to your Account upon receipt from the Registrar.

 

Any instruction must be received by noon on Friday 24 July 2020.

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter and not on the summary information outlined above.

×
Sell:€3.57
Buy:€3.82
Change: €0.022 (0.58%)
Market closed |  Prices as at close on 12 August 2020 | Switch to live prices |
Takeover

Unione Di Banche Italiane SCPA Eur2.5

Type:
Takeover
Shareholder action required:
Yes
Status:
Update Pending
Details (last updated 15 Jul 2020)

What has happened?

 

The Boards of Unione Di Banche Italiane SCPA and Intesa Sanpaolo have recently announced the terms of a Tender Offer. Under the terms of the Offer holders of Unione Di Banche Italiane SCPA Shares can elect to receive 1.7 of an Intesa Sanpaolo Share for each Unione Di Banche Italiane SCPA Share held.

 

What are my options?

 

Option 1 – Do nothing. You are not required to take any action at this time. Depending on the level of acceptance the bidder may seek to delist and/or compulsory acquire any remaining Shares at a later date.

 

Option 2 – Accept the Share Offer. You can give an instruction to receive 1.7 of an Intesa Sanpaolo Share for each Share held. Following receipt of your instruction your Shares would be submitted in acceptance of the Offer. The Shares will be credited to your Account upon receipt from the Registrar.

 

Any instruction must be received by noon on Friday 24 July 2020.

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter and not on the summary information outlined above.

×
Sell:€3.57
Buy:€3.82
Change: €0.022 (0.58%)
Market closed |  Prices as at close on 12 August 2020 | Switch to live prices |
Takeover

Unione Di Banche Italiane SCPA Eur2.5

Type:
Takeover
Shareholder action required:
Yes
Status:
Update Pending
Details (last updated 15 Jul 2020)

What has happened?

 

The Boards of Unione Di Banche Italiane SCPA and Intesa Sanpaolo have recently announced the terms of a Tender Offer. Under the terms of the Offer holders of Unione Di Banche Italiane SCPA Shares can elect to receive 1.7 of an Intesa Sanpaolo Share for each Unione Di Banche Italiane SCPA Share held.

 

What are my options?

 

Option 1 – Do nothing. You are not required to take any action at this time. Depending on the level of acceptance the bidder may seek to delist and/or compulsory acquire any remaining Shares at a later date.

 

Option 2 – Accept the Share Offer. You can give an instruction to receive 1.7 of an Intesa Sanpaolo Share for each Share held. Following receipt of your instruction your Shares would be submitted in acceptance of the Offer. The Shares will be credited to your Account upon receipt from the Registrar.

 

Any instruction must be received by noon on Friday 24 July 2020.

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter and not on the summary information outlined above.

×
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Share news, reports & tips

  • Intesa Sanpaolo bids €4.9bn for UBI Banca

    18 February 2020 11:39

    (Sharecast News) - Intesa Sanpaolo, Italy's biggest retail bank, has launched a €4.9bn (?4.1bn) bid to buy its smaller rival UBI Banca marking the first move in long-expected consolidation for the...

Company announcements Announcements

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The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.