Wires

MPS shareholders approve plan for 1 bln euro cap hike

SIENA, Italy, Oct 9 (Reuters) - Italy's third biggestlender, Banca Monte dei Paschi di Siena , won approvalon Tuesday for a capital increase of up to 1 billion euros thatwill be carried out by 2015.

The plan was approved by investors at an extraordinaryshareholder meeting. MPS Chairman Alessandro Profumo said thosewho voted in favour of the cash call represented 57.6 percent ofthe bank's capital.

(Reporting By Silvia Aloisi)

((silvia.aloisi@thomsonreuters.com)(+39 02 6612 9723))

Keywords: MONTEPASCHI VOTE/

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