BPER Banca S.p.A. (“BPER” or the “Offeror”) announces that today CONSOB - with resolution n. 21150 dated November 20, 2019 - approved, pursuant to article 102, paragraph 4, of the Legislative Decree dated February 24, 1998, no 58, as subsequentl amended and integrated (the “TUF”) the offer document (the “Offer Document”) relating to the public voluntary exchange offer (l’“Offerta”) launched by the Offeror pursuant to article 102 of the TUF over the totality of the saving shares of Banco di Sardegna S.p.A. (the “Issuer”) which are not held by the Offeror, equal to no. 3,378,586.