The shareholders' meeting of MPS approved by a very large majority, with 99.63% of the votes, the
capital increase of 2.5 billion euros
, giving the board of directors the mandate to execute the recapitalization.
Previously, the assembly had approved with majorities well above 99% of the votes cast also the abatement of the capital due to losses and the reverse stock split.
The vote is decided by the Treasury, whose share of 64.23% represents almost all of the capital which took part in the meeting, equal to 65.22% at the time of the vote on the capital increase.
