Results for twelve months to 30 June 2007 approved
10 October 2007
Price sensitive
At a meeting held today with Cesare GERONZI in the chair, the Supervisory Board of
Mediobanca approved the statutory and consolidated results for the year ended 30 June
2007, drawn up by the Management Board on 24 September 2007, and gave its agreement
to the proposal in respect of the €0.65 per share dividend to be submitted to shareholders in
general meeting, with the shares going ex-rights on 19 November 2007 and the dividend
becoming payable as from 22 November 2007.
The Supervisory Board also favourably reviewed the following reports approved by the
Management Board today to be submitted to shareholders in general meeting:
- report on plan to buy back up to 2% of the Bank’s share capital;
- report on stock option scheme against 40 million new share maximum limit approved by
shareholders in general meeting on 27 June 2007.
* * *
The Supervisory Board also established a Governance Committee, and appointed the
following persons in addition to the Chairman to comprise it: Dieter RAMPL, Tarak BEN
AMMAR, Eugenio PINTO and Marco TRONCHETTI PROVERA.
This Committee, in conjunction with the other committees as and when appropriate, shall be
responsible for regularly monitoring application of the Supervisory Board’s regulations, the
state and functioning of relations between governing bodies, compliance with the principle of
division of roles, and balancing respective powers in conformity with regulatory, supervisory,
statutory and organizational provisions currently in force, formulating each respective
proposal to the Supervisory Board in this connection.