Corporate actions
Jan 02, 2017

Banca Popolare di Milano Merger

The companies Banco Popolare and Banca Popolare di Milano announced a merger proposal.  According to the merger agreement Banca Popolare di Milano shareholders are entitled to receive one NewCo-Share per 6.386 Banca Popolare di Milano shares.

More information about this transaction is available on the company`s website under www.gruppobmp.it  

This information describes the potential effects this transaction will have on the above mentioned contracts.

On 15 December Banco Popolare and Banca Poplare di Milano announced that the merger of both companies is scheduled to be implemented on 2 January 2017. In addition to the adjustments described in Corporate Action info 001 an ISIN-change and a name change will be processed for the option contract on Banca Popolare di Milano as specified in the attached table. More information about this transaction is available on the company`s website under www.gruppobmp.it

Adjustment Result:

Closing price BPM: EUR 0.3583
R-Factor: 6.386
Adjusted contract Size BPM:   78.2963
adjusted series:
20 0 -> 128 1      40 0 -> 255 1      50 0 -> 319 1
60 0 -> 383 1          

Market Status

XEUR

The market status window is an indication regarding the current technical availability of the trading system. It indicates whether news board messages regarding current technical issues of the trading system have been published or will be published shortly.

Please find further information about incident handling in the Emergency Playbook published on the Eurex webpage under Support --> Emergencies and safeguards. Detailed information about incident communication, market re-opening procedures and best practices for order and trade reconciliation can be found in the chapters 4.2, 4.3 and 4.5, respectively. Concrete information for the respective incident will be published during the incident via newsboard message. 

We strongly recommend not to take any decisions based on the indications in the market status window but to always check the production news board for comprehensive information on an incident.

An instant update of the Market Status requires an enabled up-to date Java™ version within the browser.