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illimity Bank Prepares for Corporate Body Renewal at Upcoming Annual Meeting

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The latest announcement is out from illimity Bank SpA ( (IT:ILTY) ).

illimity Bank S.p.A. has announced the submission of a list of candidates for the renewal of its corporate bodies ahead of its Annual Shareholders’ Meeting on April 29, 2025. This development is part of the agenda for the meeting, and additional candidate lists can be submitted by entitled shareholders by April 7, 2025. The publication of these lists is scheduled for April 8, 2025. This announcement is significant as it reflects the bank’s ongoing governance processes and may impact its strategic direction and stakeholder engagement.

More about illimity Bank SpA

illimity Bank S.p.A. is a banking group led by Corrado Passera, specializing in providing credit to SMEs, particularly in performing, restructuring, and relaunching areas, as well as offering investment banking services. The group also manages the entire credit management value chain and includes illimity SGR, which establishes and manages Alternative Investment Funds. The company was formed from the merger of SPAXS S.p.A. and Banca Interprovinciale S.p.A., and is listed on the Borsa Italiana.

YTD Price Performance: -4.00%

Technical Sentiment Signal: Strong Buy

Current Market Cap: €289.2M

For detailed information about ILTY stock, go to TipRanks’ Stock Analysis page.

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