Marfin Investment Group announces details of its Share Capital Increase of Euro 5.19 billion
This announcement and the information contained herein is restricted and is not for publication, release or distribution in whole or in part to US persons or in or into the United States, Canada, Australia or Japan. This announcement is an advertisement and not a prospectus.
This announcement is not an offer of securities for sale in the United States or in any other jurisdiction. The shares of Marfin Investment Group Holdings S.A. ("MIG" or the "Company") have not been and will not be registered under the US Securities Act of 1933, as amended (the "Securities Act") and may not be offered or sold in the United States unless registered under the Securities Act or pursuant to an exemption from such registration. The Company has not been and will not be registered under the US Investment Company Act of 1940, as amended. There will be no public offering of the shares in the United States.
Marfin Investment Group Holdings S.A. ("MIG"), today announces that its Share Capital Increase as described in its press release dated 17 May 2007 is expected to consist of 774,660,278 new shares being issued at a subscription price of Euro 6.70 per new share corresponding to the total expected offer size of approximately Euro 5.19 billion.
Existing shareholders and investors who purchased rights during the rights trading period have subscribed for approximately 31,221,367 new shares pursuant to the Rights Offering. This represents approximately 4.0% of the total number of new shares available. The remaining approximately 743,438,911 new shares not subscribed for in the Rights Offering and offered to investors in the Global Offering will be allocated to investors today. As set out in the Company's International Offering Circular, as supplemented, it is expected that dealings in the new shares will commence on the ATHEX by the 19th of July 2007.
Strong support from domestic and international investors led MIG to conclude the roadshow for the Global Offering ahead of schedule.
MIG's capital increase, upon the described completion, will represent the largest rights issue ever in Greece and the largest public capital raising for an investment company in history worldwide.
For further information please contact:
MIG
Matteo Stefanel + 30 210 817 3764
Georgios Koulouris + 30 210 817 3764