Euronext Lisbon lists new Banif shares
Leading Portuguese Bank's Capital Increase Fully Subscribed.
Euronext announced today that on 6 June it will list 13,850,477,957 new Banif shares on its regulated market as a result of a capital increase that was on offer from 19 to 30 May. Banif is one of the leading banks in Portugal and has been part of the finance industry for 25 years with a network of branches in diverse regions.
This capital increase is part of Banif's capitalisation plan that also includes a public investment element of EUR 700m, issued to the government on 25 January 2013, and the issue of Tier 1 capital instruments conditionally convertible into shares worth EUR 400m.