We are a new paradigm bank. We serve small businesses and consumers, with a focus on specialist corporate lending and the purchasing and servicing of distressed debt.

illimity 2Q21 Results

Please find here the documentation for the second quarter 2021

2021-25

illimity
2021-25 Strategic Plan

illimity Strategic Plan 2021-25 aims for significant and sustainable growth in profits and profitability, with new initiatives and a strong focus on sustainability.

ROAE – Return on Average Equity

15%

in 2023

20%

in 2025

Net profit

~€140

mln in 2023

>€240

mln in 2025

CET1 ratio

>15%

illimity on the Stock Exchange

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Share capital

illimity has share capital of €50,366,953.62. This comprises €48,870,282.28 in subscribed and paid-up share capital, divided into 73,546,534 ordinary shares with no par value, and 1,440,000 special shares, also with no par value.

The ordinary shares, which have been listed on the MTA market since 5 March 2019 and on the STAR segment since 10 September 2020, (ISIN code IT0005359192), are freely transferable. Special shares are not listed and bear no voting rights.

Significant shareholders holding at least 5% of the share capital with voting rights with percentages calculated by the Bank on the basis of the number of shares resulting from the most recent available information and the number of ordinary shares issued, are listed below.

Gruppo Sella 10.10%

Gruppo Sella

LR Trust - FIDIM 8.76%

LR Trust - FIDIM

Tensile - Metis Holdings S.à r.l. 7.56%

Tensile Capital Management LLC subsidiary

AMC Metis S.à r.l. 7.07%

Atlas Merchant Capital Fund LP subsidiary

Dividends
In view of the significant size of the Bank’s core markets and the relevant growth opportunities, a flexible dividend policy is planned to maximize shareholders’ return with a pay-out ratio of between 20% and 30% over the duration of the Plan, this being calibrated from time to time on the basis of the actual availability of investments with a high return on capital. The first dividend will be on the net profit for the year 2022 with a pay-out of 20%. The dividend policy is subject to the removal of the limits set by the Regulator which are currently valid until 30 September 2021.




Annual Report 2020

We did hit our promised profit levels, but perhaps our greatest gains were being able to sustain many businesses, to manage loans for companies and to provide cutting-edge Open Banking services.

Press Releases

Press releases

29 July 2021

Extraordinary Shareholders’ meeting 29 July 2021 – Unanimous approval of the share capital increase reserved to ION Group

Press releases

22 July 2021

illimity announces new transactions on distressed credit

Press releases

14 July 2021

illimity and FIS enter a factoring partnership in support of the pharmaceutical industry

Press releases

8 July 2021

illimity purchases a portfolio of NPLs in the Green Energy sector from WRM Group

Press releases

5 July 2021

illimity supports the sustainable growth of LB Officine Meccaniche

Press releases

30 June 2021

illimity successfully places its first subordinated Tier 2 bond for a total amount of 200 million euro

Press releases

30 June 2021

Excerpt from Notice of call for the shareholder’s meeting – published on IlSole24Ore on June 30th 2021

Press releases

29 June 2021

Notice of publication of documents

Press releases

28 June 2021

Notice of call for the Extraordinary Shareholders’ Meeting – 29 July 2021

Press releases

28 June 2021

illimity alongside MeglioQuesto in its debut on the italian AIM market

Press releases

22 June 2021

illimity approves its 2021-25 Strategic Plan: >€240 net profit target and 20% ROE in 2025

Press releases

17 June 2021

illimity announces JV with Apollo

Press releases

15 June 2021

fondazione illimity is born

Press releases

10 June 2021

Communication of Changes in Share Capital

Press releases

9 June 2021

ESOP 2021 share capital increase

Press releases

31 May 2021

illimity in partnership with Kerakoll for the 110% Superbonus

Press releases

27 May 2021

Directors Fit & Proper

Press releases

25 May 2021

illimity in partnership with Flee for the long-term car rental service

Press releases

17 May 2021

Notice of the Publication of Documents

Press releases

17 May 2021

illimity for the relaunch of the Gpack Group

Press releases

11 May 2021

illimity – 1Q21 Results – Good start to 2021 with €12.6mln net profit in 1Q21

Press releases

7 May 2021

Notice of publication of documents – Shareholders’ meeting minutes 22 April 2021

Press releases

4 May 2021

illimity supports Navigazione Montanari for its fleet renewal

Press releases

28 April 2021

illimity presents its first Voluntary Non-Financial Statement

Press releases

22 April 2021

Summary statement of votes cast – Shareholders’ meeting 22 April 2021

Press releases

22 April 2021

illimity Shareholders’ Meeting – Approval of 2020 separate financial statements and new Board of Directors

Press releases

8 April 2021

illimity begins the activity of purchasing tax credits arising from the 110% Superbonus

Press releases

7 April 2021

illimity in partnership with viafintech for the Cash Deposit feature

Press releases

1 April 2021

Closing of illimity SGR’s first fund

Press releases

31 March 2021

Notice publication documents - Annual Report 2020 and Documents for the Shareholders' Meeting

Press releases

26 March 2021

Submitted Second List for Renewal of the Board of Directors

Press releases

23 March 2021

Notice publication documents

Press releases

19 March 2021

The Board of Directors of illimity Approves its List of Candidates for the Shareholders' Meeting

Press releases

16 March 2021

Notice of publication of documents

Press releases

13 March 2021

Excerpt from Notice of call for the shareholders’ meeting – published on IlSole24Ore on March 13th 2021

Press releases

12 March 2021

Notice publication documents

Press releases

10 March 2021

Ordinary Shareholders’ meeting notice of call – 22 April 2021

Press releases

10 March 2021

illimity approves the draft annual accounts 2020 - Amended the Bank’s Bylaws - Resolution to convene the Shareholders’ meeting on 22 April 2021

Press releases

10 March 2021

illimity is appointed as a Nomad for Italy’s alternative Investment Market

Press releases

25 February 2021

Notice of publication of documents

Press releases

11 February 2021

illimity – 4Q20 & FY20 Results: illimity ends 2020 with a net profit of €31mln equal to an ROE of 5.5%

Press releases

4 February 2021

illimity supports Frette’s business plan and its digital growth

Press releases

29 January 2021

illimity is a “Great Place to Work” also in 2020

Press releases

19 January 2021

illimity for the sustainable development plan of Mondial Suole

Press releases

8 January 2021

illimity finalizes with York Capital two new Senior Financing deals

Press releases

5 January 2021

Communication of changes in share capital

Press releases

5 January 2021

illimity sells NPL portfolio of 129 million of gross book value

Press releases

30 December 2020

illimity finalizes three new operations on distressed credit single name

Press releases

29 December 2020

illimity Bank – 2021 Financial Calendar

Press releases

29 December 2020

Notice publication documents Shareholders Meeting

Press releases

29 December 2020

Joint Venture HYPE – Deeds of contribution executed

Press releases

29 December 2020

Press Release

Press releases

23 December 2020

illimity purchases 21 million euro loan receivables to Gruppo Franco Barberis

Press releases

22 December 2020

illimity Shareholders' Meeting approves the share capital increase to execute the JV in HYPE

Press releases

14 December 2020

illimity finances Smemoranda Group in the sign of digital innovation

Press releases

3 December 2020

illimity successfully completes its first bond issue: placed a 3-year senior preferred bond of 300 million euro

Press releases

27 November 2020

First rating assignment of the Fitch Ratings agency to illimity

Press releases

27 November 2020

Notice of publication of documents

Press releases

25 November 2020

illimity supports Amut for its plan for growth in the recycling industry

Press releases

23 November 2020

Excerpt from Notice of call for the shareholders’ meeting – published on IlSole24Ore on November 23rd 2020

Press releases

21 November 2020

Notice of publication of documents

Press releases

21 November 2020

Notice of call

Press releases

13 November 2020

Notice of the publication of documents

Press releases

11 November 2020

Good progress in illimity’s results for the third quarter of 2020

Press releases

11 November 2020

illimity purchases a new portfolio of UTP loans from UniCredit

Press releases

3 November 2020

illimity supports Citieffe in its growth in Italy and abroad

Press releases

21 October 2020

illimity finalizes the purchase of new distressed credit from UniCredit for 700 million euro

Press releases

1 October 2020

illimity supports Be Power in investing in sustainable energy

Press releases

1 October 2020

illimity renews the EMTN programme

Press releases

28 September 2020

Two new senior financing deals for illimity with Borgosesia and Zetland

Press releases

22 September 2020

Joint Venture illimity - Fabrick (Gruppo Sella) in the fintech HYPE with target of 3 million customers

Press releases

3 September 2020

illimity ordinary shares admitted for trading on the STAR segment of the Italian Stock Exchange

Press releases

25 August 2020

illimity alongside Ferretto Group in support of its growth plan

Press releases

10 August 2020

illimity completes its share buyback program serving its Long Term Incentive Plan (LTIP)

Press releases

7 August 2020

illimity and Banca Ifis sign their first deal for the sale of a granular npl portfolio worth 266 million euro

Press releases

6 August 2020

Avviso di deposito documentazione

Press releases

5 August 2020

illimity starts its share buyback program serving its Long Term Incentive Plan (LTIP)

Press releases

4 August 2020

illimity doubles quarterly profit from 5 to 10 million euro in the second quarter 2020

Press releases

21 July 2020

New DCIS and senior financing transactions for illimity

Press releases

9 July 2020

illimitHER is born for enhancing the potential of young women

Press releases

3 July 2020

illimity signs a new senior financing transaction with Davis&Morgan for 13 million euro

Press releases

17 June 2020

Comunicazione di variazione del capitale sociale

Press releases

16 June 2020

Welcome illimity hubs, an innovative collaboration model that makes its debut with MiMoto and Fitbit

Press releases

15 June 2020

illimity Bank - ESOP 2020 Share Capital Increase

Press releases

8 June 2020

illimity publishes its first sustainability profile just one year after starting activities

Press releases

29 May 2020

illimity enters the Energy distressed credit market

Press releases

29 May 2020

Comunicazione di variazione del capitale sociale

Press releases

27 May 2020

The deed of contribution for the acquisition of the remaining 30% of IT Auction was signed

Press releases

25 May 2020

Illimity takes an active part in Milan Digital Week

Press releases

25 May 2020

Illimity Academy is born: the first master's degree in credit management

Press releases

22 May 2020

Avviso documenti a disposizione

Press releases

20 May 2020

illimity purchases and restructures TRE Holding debt

Press releases

12 May 2020

Solid start for illimity in the first quarter of 2020

Press releases

11 May 2020

The Payment Initiation Service (PIS) makes its debut in Italy with illimitybank.com

Press releases

22 April 2020

Ordinary and Extraordinary Shareholders’ Meeting of illimity Bank

Press releases

22 April 2020

Assessment of the new Director requirements and composition of Committees

Press releases

20 April 2020

New telemedicine services by illimity and AON

Press releases

9 April 2020

New Senior Financing and Purchase of Distressed Loans Transactions

Press releases

1 April 2020

Avviso documenti a disposizione per Assemblea

Press releases

31 March 2020

Letter to Shareholders

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Contacts

Silvia Benzi
Head of Strategic Planning and Investor Relations
+39 3497846537
+44 7741464948
Analyst
illimity is being analyzed by the following:
BANCA IMI
Manuela Meroni
+39 02 8794 9817
EQUITA
Andrea Lisi
+39 02 6204 275
KEPLER CHEUVREUX
Anna-Maria Benassi​
+39 02 8550 7215