MPS: Lovaglio, ‘We respect the shareholders’ decision at the AGM; let’s move forward to create value’

(Il Sole 24 Ore Radiocor) - Luigi Lovaglio, Chief Executive of Banca Mps, at the start of the conference call with analysts on the third-quarter and nine-month results, returned to the outcome of last week’s shareholders’ meeting, which rejected, amongst other things, the proposal for a merger and subsequent spin-off of Mediobanca. “We fully respect this decision and will continue on our path with the same discipline and sense of responsibility that have always guided us,” he said. “Our objective remains clear: to deliver results, support our customers and our staff, and continue to create value for all our shareholders.”

Ggz