03/04/2009
1.30 p.m.
Press Release
The Board of Directors of Mediolanum S.p.A. held today resolved to propose to the next shareholders’ general meeting:
- to resolve upon an earlier termination of the stock option plan resolved by the shareholders’ general meeting of April 19, 2005 (Plan 2005), relating to the options pertaining to such Plan that, as of today, have not yet been granted or pre-granted;
- to approve, limited to the options already granted or pre-granted and whose vesting period is still pending, an amendment to the Exercise Conditions set forth under the Plan 2005 concerning directors and collaborators that will imply – stated the necessity to create higher value for the company and the Group – the possibility to exercise the options already granted or pre-granted through the whole exercise period.
At the same time, the Board, has requested the Compensation Committee ("Comitato per la remunerazione"), which will report its feedback, to study more evolved incentive formulas for collaborators, employees and directors, that will substitute the terminated Plan 2005.
For all details, reference may be made to the reports to the shareholders’ general meeting that will be filed and publicated in compliance with the laws in force.
Basiglio - Milan, March 4, 2009
the Mediolanum Group
Roberto Scippa
Media Relations
Tel 02 90492902
Fax 02 90492345
Cell 335 8166556
e-mail: gmmedia@mediolanum.it |
