16.05.25
 

The Listings and Market Operation Committee of Athens Stock Exchange, during today’s session, and following the publication dated 7/3/2025 concerning the Approval of the Draft Merger Agreement between Alpha Services and Holdings S.A. and Alpha Bank S.A., approved the handling of Derivatives Products on Alpha Services and Holdings S.A. (ALPHA), which will include the following stages:

(a) At the first stage, on Friday, 16/05/2025, after the end of the trading session, a halt of admission of new series and deletion of the existing series with no open positions and with expiration date after the expiration of June (exp. 20/6/2025) will be performed, in accordance with Article 2.6.11 of the ATHEX Regulation. If there are series with open positions on that date, those series will continue to trade normally until the second stage is completed as follows.

(b) At the second stage, the series of Derivative Products with expiration date after the expiration of 20/6/2025, which at the previous stage of the process were not deleted due to the maintenance of an open position, will be forcibly expired and deleted in accordance with Article 2.6.12 of the ATHEX Regulation. For the calculation of the financial obligations of the counterparties during the physical delivery, concerning the Stock Futures derivatives forced to expiration which have expiration date after the expiration of 20/6/2025, the closing price of the Alpha Services and Holdings S.A. share (ALPHA) at the end of the trading session of 20/6/2025 will be used. Regarding the Stock Options with expiration date after the expiration of 20/6/2025, these will be forcibly expired and deleted at the end of the trading session of 23/06/2025 and, for the clearing and settlement of those positions, the closing price of Alpha Services and Holdings S.A. share (ALPHA) at the end of the trading session on 23/6/2025, will be used.

The clearing and settlement of the series with expiration date on 20/06/2025 will be performed using the normal procedure, as defined in their Characteristics for Admission to Trading of the products.

Furthermore, according to article 2.6.13 of the ATHEX Rulebook, on 18/06/2025 after the end of the trading session, a cessation of securities lending transactions and a mandatory exercise of the lending Mechanism products on the shares of Alpha Services and Holdings S.A.  (ALPHA) will be performed.