Τ BANK Α.Τ.Ε.
Press Release - Extraordinary General Meeting of the shareholders of ASPIS BANK S.A.
The Extraordinary General Meeting of the Shareholders of ASPIS BANK was held today, January 23, 2009, with the participation of shareholders representing the 63.5% of voting rights.
The Extraordinary General Meeting approved, among other issues, the Bank?s share capital increase pursuant to the provisions of L.3723/2008, article 1 "on the support of liquidity in the Greek economy in response to the impact of the international financial crisis" and the corresponding amendment of articles 5, 6 and 7 of the Articles of Association.
The Bank's share capital will increase up to a maximum amount of euro 90.000.000 via the issue of redeemable preference shares of a par value of euro 2.71 and abolition of current shareholder's pre-emptive rights. The share capital increase will be covered by the Greek State in accordance with Law 3723/2008, i.e. the Greek Government's plan for the safety of the Banking system according to which the Greek State will acquire preference shares issued by the Banks to a maximum of euro 5 billion.
The Extraordinary General Meeting approved, among other issues, the Bank?s share capital increase pursuant to the provisions of L.3723/2008, article 1 "on the support of liquidity in the Greek economy in response to the impact of the international financial crisis" and the corresponding amendment of articles 5, 6 and 7 of the Articles of Association.
The Bank's share capital will increase up to a maximum amount of euro 90.000.000 via the issue of redeemable preference shares of a par value of euro 2.71 and abolition of current shareholder's pre-emptive rights. The share capital increase will be covered by the Greek State in accordance with Law 3723/2008, i.e. the Greek Government's plan for the safety of the Banking system according to which the Greek State will acquire preference shares issued by the Banks to a maximum of euro 5 billion.