Μarfin Financial Group announces the completion of a private placement of 35.319.104 shares of Μarfin Popular Bank. The number of shares sold corresponds to 4.6% of the issued share capital of Marfin Popular Bank.
The sale of the shares is consistent with prior announcements regarding the corporate restructuring of Marfin Popular Bank Group, as well as with the announced share capital increase of Marfin Financial Group, which is expected to be approved by the Extraordinary General shareholders meeting of the company to be held on March 29, 2007.