Eurobank S.A. (the “Offeror”), a subsidiary of Eurobank Ergasias Services and Holdings S.A., informed the investment community that the procedure in relation to the mandatory takeover bid (the “Takeover Bid”) for the acquisition of up to 100% of the issued share capital of Hellenic Bank Public Company Limited (the “Target Company”) submitted on 4 June 2024 has been completed.
After the final review of the Acceptance and Transfer Forms, the total percentage of acceptance of the Takeover Bid reached 0,481%, as the Acceptance and Transfer Forms submitted were for 1.984.781 shares of the Target Company.
The total percentage of acceptance together with the 55.481% (229,030,025 shares) that the Offeror held directly at the expiry of the Takeover Bid on 30 July 2024, gives the Offeror total participation of 55,962% (231,014,806 shares) in the issued share capital of the Target Company.
For all shareholders who have accepted the Takeover Bid, payments have been executed through the execution of bank transfers and through the posting of cheques on 6 August 2024 and the Offeror has proceeded with the off-exchange transfer of the securities via the Underwriter Operator, The Cyprus Investment and Securities Corporation Limited (“CISCO”).
CISCO and Axia Ventures Group were acting as advisors to the Offeror in connection with the Takeover Bid.
