Cross-border Merger by absorption of Emro Finance Ireland into BPER

BPER informs that at the meeting held today, 1 March 2016, the Board of Directors has approved the common draft terms of the cross-border merger by absorption of Emro Finance Ireland ltd. into BPER. The Common draft terms has been approved by the Board of Directors of the absorbed Company at the meeting held on the 26 February 2016.

The Emro Finance Ireland is fully owned by BPER, therefore the merger is subject to the simplified procedure pursuant to art. 18 of Legislative Decree no. 108 dated 30 May 2008 - implementing the Directive 2005/56/EC on cross-border mergers of limited liabilities companies - and to art. 2505 of the Italian Civil Code.