NAT. BANK OF GREECE SA
National Bank of Greece announces that the second repeat General Meeting of its shareholders was held on Thursday, 15 May 2008
National Bank of Greece announces that the second repeat General Meeting of its shareholders was held today, Thursday, 15 May 2008 at Megaro Mela, Aiolou 93, Athens. The General Meeting convened with a quorum of 36.55% of the Bank?s paid up share capital, i.e. 174,415,638 shares, was attended by 969 shareholders in person or by proxy and adopted the following resolutions:
1. Approved the payment in cash of a euro 0.40 dividend, and the issue of new shares without payment instead of an additional dividend. Specifically, it decided for the shareholders entitled to the dividend to receive four new shares for every one hundred shares of the Bank instead of an additional dividend for the year 2007, with a corresponding amendment to the relevant Article on Share Capital of the Bank's Articles of Association. Pursuant to the resolution of the Bank's Annual General Meeting of 17 April 2008, persons entitled to the dividend are the shareholders of the Bank that are registered with the Shareholders' Register of Hellenic Exchanges Holding S.A. (HELEX) on completion of settlement of the transactions effected by the closing of today?s session of the Athens Exchange (ATHEX).
2. Authorized the Board of Directors to increase the share capital of the Bank through the issue of common shares with a preemptive right in favour of existing shareholders (pursuant to Article 13 of the Companies Act), within a period of three years as of the date of the said General Meeting resolution and up to the amount that corresponds to 50% of the Bank's paid up share capital.
3. Approved the Bank's share capital increase of up to euro 1.5 billion through the issue of redeemable preference shares (pursuant to Article 17b of the Companies Act), to be made available to private investors in the U.S. and/or other overseas markets, with exclusion of the preemptive right in favour of existing shareholders, along with the relevant authorizations. Detailed information on the terms of the issue and on the redeemable preference shares, as set out in the Board of Directors? report to the General Meeting, is available to shareholders via the websites of the Bank and of the ATHEX.
4. Amended Article 3 of the Bank's Articles of Association in line with the provisions of Law 3601/2007.
1. Approved the payment in cash of a euro 0.40 dividend, and the issue of new shares without payment instead of an additional dividend. Specifically, it decided for the shareholders entitled to the dividend to receive four new shares for every one hundred shares of the Bank instead of an additional dividend for the year 2007, with a corresponding amendment to the relevant Article on Share Capital of the Bank's Articles of Association. Pursuant to the resolution of the Bank's Annual General Meeting of 17 April 2008, persons entitled to the dividend are the shareholders of the Bank that are registered with the Shareholders' Register of Hellenic Exchanges Holding S.A. (HELEX) on completion of settlement of the transactions effected by the closing of today?s session of the Athens Exchange (ATHEX).
2. Authorized the Board of Directors to increase the share capital of the Bank through the issue of common shares with a preemptive right in favour of existing shareholders (pursuant to Article 13 of the Companies Act), within a period of three years as of the date of the said General Meeting resolution and up to the amount that corresponds to 50% of the Bank's paid up share capital.
3. Approved the Bank's share capital increase of up to euro 1.5 billion through the issue of redeemable preference shares (pursuant to Article 17b of the Companies Act), to be made available to private investors in the U.S. and/or other overseas markets, with exclusion of the preemptive right in favour of existing shareholders, along with the relevant authorizations. Detailed information on the terms of the issue and on the redeemable preference shares, as set out in the Board of Directors? report to the General Meeting, is available to shareholders via the websites of the Bank and of the ATHEX.
4. Amended Article 3 of the Bank's Articles of Association in line with the provisions of Law 3601/2007.