Announcement regarding completion of sale of fractional shares arising from the reverse split of NATIONAL BANK OF GREECE shares
NATIONAL BANK OF GREECE
Announcement regarding completion of sale of fractional shares arising from the reverse split of NATIONAL BANK OF GREECE shares
NATIONAL BANK OF GREECE S.A. (the Bank) hereby announces the completion, on 14 February 2014, of the sale process of its 79,135 common registered shares arising as fractional shares from the reduction in the aggregate number of outstanding shares from 1,226,601,200 to 122,660,120 common registered shares, at a rate of 1 new share to 10 old shares, with a corresponding reduction in the nominal value of each share from EUR 10 to EUR 0.30 (reverse split), as decided by the 2nd Repeat General Meeting of Shareholders held on 29 April 2013 and approved by decision Κ5-1971/21.05.2013 of the Hellenic Ministry of Development, Competitiveness, Infrastructure, Transports and Communications.
The final net proceeds of the sale amount to EUR 287,524 (following deduction of related costs), which corresponds to EUR 3.6392 per each whole share.
Beneficiaries of the proceeds of the sale shall be those shareholders owning fractional shares who were listed in the registry of the Dematerialized Securities System (the DSS) of HELEX as at 28.05.2013 (the Record Date).
Payment of the sale proceeds to the beneficiaries, in the amount attributable to them, will be made on Thursday, 20 February 2014, as follows:
1. Via their DSS operators, provided they have given them relevant authorization.
2. Via NBG's branch network, provided:
a) they hold their shares in the special DSS share account;
b) they have not provided or have revoked their respective authorization to their DSS operators;
c) it has not been possible, according to the aforesaid procedures, to render in any way whatsoever payment of the proceeds of the sale.
Collection of the sale proceeds under 2 above shall be carried out by notifying the Bank of the DSS Investor Share Account and presenting the beneficiary's ID. The amount can be collected by proxy, provided relevant authorization (the power-of-attorney document bearing beneficiary signature authenticated by the competent authority) is presented as well.
For further information, investors can contact the Bank's Shareholders' Services (ground floor,93 Eolou St., 102 32Athens– tel. +30 2103343415, 2103343419, 2103343421, 2103343436 & 2103343412).
Athens,17 February 2014