Illimity Bank S.p.A. Communication
Date: June 27, 2025
Communication from the Chief Executive Officer
Corrado Passera
Milan, 27 June 2025 – Illimity Bank S.p.A. (“illimity”) announces that, with reference to the public exchange and purchase offer launched by Banca Ifis S.p.A. for all of illimity's ordinary shares (the "Offer"), the Chief Executive Officer, Corrado Passera, has communicated that he will tender into the Offer the shares he holds, both directly and indirectly, amounting in total to 3.973% of illimity's share capital.
For further information:
Investor Relations & Sustainability
Fabio Pelati
Phone: +39 335 7853370
Email: fabio.pelati@illimity.com
Press & Communication Office illimity
Vittoria La Porta, Elena Massei
Email: press@illimity.com
Ad Hoc Communication Advisors
Valentina Zanotto
Phone: +39 335 141 5575
Riccardo Schiavon
Phone: +39 340 082 3015
Email: illimity@ahca.it
About Illimity
Illimity is the banking group led by Corrado Passera, specializing in offering credit to SMEs in the performing and restructuring/turnaround segments, and in investment banking services. Illimity also covers the value chain in credit management, from financing activities to asset management and structuring through ARECneprix. The Group also includes illimity SGR, which establishes and manages Alternative Investment Funds to support institutions and businesses, both in the UTP segment and in Private Capital. The Illimity Group's history began in January 2018 with the launch of the Special Purpose Acquisition Company SPAXS S.p.A., which closed a record capital market fundraising of 600 million euros. SPAXS subsequently acquired Banca Interprovinciale S.p.A., and from the merger of the two companies, "illimity Bank S.p.A." was formally established, which has been listed on Borsa Italiana S.p.A. (ticker "ILTY") since March 5, 2019, initially on MTA and since September 2020 on the STAR segment.
