Alpha Bank

07 Jul 2026

Alpha Bank: Request for squeeze-out of remaining Alpha Trust Holdings shares

  • RE+D Magazine

Alpha Bank has submitted a request to the Hellenic Capital Market Commission for the exercise of its squeeze-out right over the remaining shares of Alpha Trust Holdings, completing the next step following the successful public tender offer it launched for the acquisition of all shares of the company.

Alpha Trust Holdings has announced that it was informed on 6 July 2026 that Alpha Bank has submitted a request to the Hellenic Capital Market Commission for approval of the acquisition of all remaining common registered voting shares in the company that are not already held by Alpha Bank or persons acting in concert with it, in accordance with the provisions of Law 3461/2006.

The request relates to 95,921 shares, representing approximately 3.04% of Alpha Trust Holdings’ paid-up share capital and voting rights. These shares are held by shareholders who either did not accept, or did not validly accept, Alpha Bank’s mandatory tender offer.

The offered consideration amounts to €20.20 per share in cash, corresponding to the same price offered under the public tender offer.

A 0.10% transfer tax will be withheld from the consideration paid to shareholders, in accordance with Article 9 of Law 2579/1998, with the tax burden borne by the selling shareholders. Alpha Bank, however, will cover the fees payable to Euronext Securities Athens for the registration of the transfer of shares, which currently amount to 0.08% of the transaction value.

The activation of the squeeze-out procedure represents the final stage of the tender offer process. Following completion of the procedure and the acquisition of all outstanding shares, the transaction is expected to pave the way for the delisting of Alpha Trust Holdings from the Athens Stock Exchange.




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