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Consob Confirms Legitimacy of MPS Board Slates Ahead of Election

3/28/2026

Summary

Story summary

Consob confirmed none of the slates for Monte dei Paschi di Siena (MPS) board are illegitimate.
The confirmation followed a complaint from MPS's board about PLT Holding's slate.
Consob, with the European Central Bank (ECB), underscored the finality of its position for investors.
Governance advisers prepare voting recommendations ahead of the April 15 election.
PLT Holding challenges the current slate, which would replace Luigi Lovaglio with Fabrizio Palermo, Acea's CEO.

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Story summary

Consob confirmed none of the slates for Monte dei Paschi di Siena (MPS) board are illegitimate.
The confirmation followed a complaint from MPS's board about PLT Holding's slate.
Consob, with the European Central Bank (ECB), underscored the finality of its position for investors.
Governance advisers prepare voting recommendations ahead of the April 15 election.
PLT Holding challenges the current slate, which would replace Luigi Lovaglio with Fabrizio Palermo, Acea's CEO.