January 22, 2018 / 6:41 PM / 4 months ago

Few UniCredit investors exercise right of withdrawal regarding voting rights cap

MILAN (Reuters) - Shareholders representing 0.28 percent of UniCredit’s (CRDI.MI) capital have exercised their right of withdrawal with regards to the scrapping of a 5 percent threshold in shareholders’ voting rights, the lender said on Monday.

FILE PHOTO - The headquarters of UniCredit bank is seen in Milan, Italy, in this February 8, 2016. REUTERS/Stefano Rellandini/File Photo

The bank added that the shares subject of the right of withdrawal, with a value of just over 103 million euros (£90.3 million), will be offered to ordinary shareholders from Tuesday to Feb. 21.

    Reporting by Giulia Segreti

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