EduBourseActualitésUniCredit and the Polish Ministry of State Treasury sign an amendment to...

UniCredit and the Polish Ministry of State Treasury sign an amendment to the Put/Call option agreement regarding MST’s shares in Bank Pekao

The Polish Ministry of the State Treasury (“MST”) and UniCredit signed today an amendment to the Agreement dated September 2, 2008. On the basis of the amendment, the MST and UniCredit agreed to finally waive their respective Put Option and Call Option with respect to the 3.95% shareholding of Bank Pekao S.A. held by the MST (“MST Stake”)
In connection with the waiver of MST’s Put Option, UniCredit agreed to pay to the MST PLN 300mn (ca. €78mn) and to grant to the MST a Put Spread Option to be settled in cash with respect to the MST Stake.
Compared to the UniCredit consolidated core tier 1 ratio as of September 30, 2008, the signing of the amendment shall generate a positive impact of ca. 8 bps, net of all related costs.

Milan, December 11, 2008

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Pierre Perrin-Monlouis
Pierre Perrin-Monlouis
Fondateur de Rente et Patrimoine (cabinet de gestion de patrimoine), Pierre Perrin-Monlouis est un analyste et trader pour compte propre. Il vous fait profiter de son expérience en trading grâce à ses analyses financières et décrypte pour vous les actualités des marchés. Son approche globale des marchés combine à la fois l'analyse technique et l'analyse fondamentale sur l'ensemble des marchés : crypto, forex, actions et matières premières.
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