Announcement - Acquisition of Eurobank’s shares
Wednesday, April 1, 2015
ANNOUNCEMENT
Acquisition of Eurobank's shares
Eurobank Ergasias S.A. (hereafter “Eurobank”) announces, pursuant to article 10 of Law 3340/2005, as in force, and following notification received from Mr. Wade Sebastian R.E. Burton, who holds a managerial position in Eurobank as a non-executive director in Eurobank's Board of Directors, the below acquisitions of Eurobank's shares:
(i) on 26.3.2015 the following companies acquired 99,000,000 shares of Eurobank amounting to €9,692,100 in total, corresponding to an average acquisition price of €0.0979 per share:
|
Legal Name |
Number of Eurobank's shares |
|
Advent Capital (No. 3) Ltd. |
2,300,000 |
|
Newline Insurance Company Limited |
4,700,000 |
|
Zenith Insurance Company |
92,000,000 |
|
Σύνολο |
99,000,000 |
(ii) on 27.3.2015 the following companies acquired 82,000,000 shares of Eurobank amounting to €7,921,200 in total, corresponding to an average acquisition price of €0.0966 per share:
|
Legal Name |
Number of Eurobank's shares |
|
Advent Capital (No. 3) Ltd. |
18,500,000 |
|
Odyssey Reinsurance Company |
20,100,00 |
|
Newline Corporate Name Limited |
22,000,000 |
|
Newline Insurance Company Limited |
17,300,000 |
|
Fairfax Financial Holdings Master Trust Fund |
4,100,000 |
|
Σύνολο |
82,000,000 |
This notification is made because Mr. Wade Sebastian R.E. Burton holds the position of managing director at Hamblin Watsa Investment Counsel Ltd., a wholly owned subsidiary of Fairfax Financial Holdings Limited, which has entered into investment management agreements with the abovementioned companies.