UBI Banca Group

Also, with regard to the conversion right, UBI Banca has set a cap on the value of its share at
€12.80, above which, redemption of the liability will be performed by repayment in shares.
The tables below provide quantitative information on the conversions performed during the year.
Share capital increase and repurchase of treasury shares
An operation to increase the share capital was performed in 2011. The management report may
be consulted for a description of the details and stages by which the operation was implemented.
Details of changes in the number of shares, in the share capital and in the share premiums that
occurred in 2011 are given below.
Date
Reason
Number of shares
(in euro)
Share capital
Share premium
reserve
31.12.2010 639,145,902 1,597,864,755 7,100,378,060
3.3.2011 Bond conversion February 2011 268 670 2,747
3.6.2011 Bond conversion May 2011 96 240 984
24.6.2011 Exercise of options for share capital increase 242,331,448 605,828,620 316,969,534
24.6.2011 Allocation of expenses incurred for share capital increase - 22,393,614
Tax effects of expenses for share capital increase 6,158,244
5.7.2011 Bond conversion June 2011 240 600 2,460
5.7.2011 Sale of unexercised option rights 2,126,197
7.7.2011 Conversion of warrants June 2011 19,309 48,273 181,872
11.7.2011 Exercise of unexercised rights 5,706,984 14,267,460 7,464,735
18.7.2011 Subscription by the syndicate 14,542,512 36,356,280 19,021,606
31.12.2011 901,746,759 2,254,366,898 7,429,912,824
Repurchases of treasury shares were made in 2011 in relation to personnel incentive schemes.
Date
Reason
Number of
shares
(in euro)
Share capital
Share
pr emium
reserve
Equity
15.7.2011 Incentive scheme treasury share repurchase - 500,000 - 1,250,000 - 552,200 - 1,802,200
18.7.2011 Incentive scheme treasury share repurchase - 700,000 - 1,750,000 - 818,090 - 2,568,090
31.7.2011 Expenses for treasury share repurchase - 5,000 - 5,000
- 1,200,000 - 3,000,000 - 1,375,290 - 4,375,290
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