Unipol sets EUR 2.5 billion raise and Unipol stock trades at EUR 26.12

Published on 10/08/2026 at 11:59 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The issue price is EUR 20.56, an 18.75 percent discount. Unipol stock costs EUR 26.12 on October 8, 2026 after EUR 26.03, plus 0.35 percent.

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Unipol (IT0004810054) was trading at EUR 26.12 at Lang & Schwarz on October 8, 2026 at 11:49 a.m. CEST, up EUR 0.09 or 0.35 percent versus the prior close. On the same date, the company set a capital increase of up to EUR 2.5 billion to help acquire 635 branches from Monte dei Paschi di Siena, according to Teleborsa on October 8, 2026.

Capital raise carries a discount

The board fixed the subscription price at EUR 20.56 per new share, including EUR 4.69 of nominal capital, while the remaining amount is share premium. The price represents an 18.75 percent discount to the theoretical ex-rights price, a comparison that makes dilution and shareholder participation central to the transaction.

The issue can create up to 121,582,320 new ordinary shares, offered at a ratio of 10 new shares for every 59 existing shares. The offering remains subject to approval and publication of the prospectus by Consob, according to Il Sole 24 Ore on October 8, 2026.

Rights timetable sets the next test

If the prospectus receives approval, subscription rights are scheduled to become exercisable from October 12 through October 26, 2026. The rights are scheduled to trade on Euronext Milan from October 12 through October 20, 2026, giving investors a defined timetable for assessing the offer terms.

Unipol also disclosed irrevocable subscription commitments from shareholders representing 50.27 percent of the capital, according to Teleborsa. That commitment reduces execution uncertainty, while the prospectus approval remains a formal condition before the rights offer can begin.

Stock stays below its yearly high

The primary listing is Borsa Italiana under ticker UNI.MI, and the latest market context quote was EUR 26.16 at 11:39 a.m. CEST on October 8, 2026. Unipol's market capitalization was EUR 18.8 billion, while its 52-week range stood at EUR 17.75 to EUR 29.44 on the same date.

Unipol stock was trading at EUR 26.12 at Lang & Schwarz on October 8, 2026 at 11:49 a.m. CEST, plus 0.35 percent versus the Lang & Schwarz prior close of EUR 26.03 on October 7, 2026. The further course of trading is shown by the continuously updated real-time quote of Unipol stock.