FinecoBank launch closes with 2. 2 billion capitalisation

(AGI) Milan, July 1 - The stock market launch of FinecoBank, amulti-channel direct bank of the UniCredit Group, was completedsuccessfully on Tuesday. The company's capitalisation,calculated on the basis of an Offer Price of 3.70 euros pershare, totalled 2,243 billion euros. Altogether, including thePublic Offering and the Institutional Placement, 46,534applicants requested 609,079,891 shares, with total demand 2.9times the size of the offer. . .

(AGI) Milan, July 1 - The stock market launch of FinecoBank, amulti-channel direct bank of the UniCredit Group, was completedsuccessfully on Tuesday. The company's capitalisation,calculated on the basis of an Offer Price of 3.70 euros pershare, totalled 2,243 billion euros. Altogether, including thePublic Offering and the Institutional Placement, 46,534applicants requested 609,079,891 shares, with total demand 2.9times the size of the offer. . .