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EBA CONFIRMS 2012 UNICREDIT CASHES TREATMENT

UNICREDIT ORDINARY SHARES QUALIFY AS CET1 CAPITAL

 

 

 

UniCredit welcomes the decision of EBA not to open an investigation based on the request made by Caius Capital and to confirm its 2012 position on the CASHES treatment.

 

This validates UniCredit's previous statement that the treatment of the CASHES has been reviewed and affirmed by all the relevant authorities and that UniCredit ordinary shares are to be qualified as CET1 capital.

 

UniCredit has notified the competent market authorities of Caius Capital's actions in light of possible market abuse. UniCredit is also evaluating any other recourse to protect its stakeholders, shareholders and bondholders.

 

 

 

Milan, July 20, 2018

 

 

 

 

 

Enquiries

 

Investor Relations

Tel +39 02 88624324

e mail: investorrelations@unicredit.eu

 

Media Relations

Tel +39 02 88623569

e mail: mediarelations@unicredit.eu