PIRAEUS FINANCIAL HOLDINGS S.A.
Announcement for the listing of new shares resulting from a share capital increase by capitalization of dividend for fiscal year 2008.
Piraeus Bank informs the investment community that the Ordinary General Meeting of the company's shareholders, held on 30.04.2009, has resolved, amongst other issues, the increase of its share capital by 32,097,287.07 euros by capitalization of the net amount of the distributable dividend for fiscal year 2008. The aforementioned increase takes place according to the recently established provisions (article 1 Law 3723/2008, article 28 Law 3756/2009, in combination with 20708/Β/1175/23.4.2009 interpretive Circular of the Ministry of Economy and Finance), according to which credit institutions participating in the liquidity enhancement programs can distribute a dividend up to a maximum of 35% on their profits, in the form of new shares, which must not be the result of a repurchase. The aforementioned increase will take place with the issue of 6,728,991 ordinary-registered shares with voting rights- of nominal value 4.77 euros each and their distribution to the company's shareholders, in a ratio of one (1) new registered share for every forty seven (47) old ordinary-registered shares. Following the above increase, the company's share capital amounts to 1,974,019,914.81 euros, divided to 336,272,519 ordinary registered shares with voting rights and 77,568,134 preference shares without voting rights l. 3723/2008, of nominal share value 4.77 euros.
On 26.05.2009, the Minister of Development decision No K2-5382, which approved amendment of the relevant articles of the company's Articles of Association, was registered in the Companies' Registry. The ATHEX has approved, on 26/05/2009, the trading of aforementioned new shares in the Stock Exchange.
A company resolution determines the following: a) the date for dividend payment of the participation right in the share capital increase, with share distribution, is set for 01.06.2009. As from the same day, the company's shares will be traded in the ATHEX without participation rights to said increase and starting price of the company's shares in the ATHEX will be set according to the ATHEX Regulations, in combination with decision No. 26 of the ATHEX Board of Directors, as valid and b) beneficiaries to the above increase are the shareholders registered in the Dematerialized Securities System on 03.06.2009 for this listed company.
The 6,728,991 new ordinary-registered shares in the Athens Stock Exchange will start being traded on 05.06.2009. As from the same date, the above shares will be credited to the securities accounts of the Shareholders, kept in the Dematerialized Securities System (DSS).
For further information, shareholders may be informed by the relevant publication of L.3401/2005 which is available online at the ATHEX website, www.ase.gr, as well as the Bank's website, www.piraeusbank.gr. Additionally, they may contact the Shareholders' Information Service of the company (Tel. 210 3335039, Mrs. Rizeakou Evgenia)
On 26.05.2009, the Minister of Development decision No K2-5382, which approved amendment of the relevant articles of the company's Articles of Association, was registered in the Companies' Registry. The ATHEX has approved, on 26/05/2009, the trading of aforementioned new shares in the Stock Exchange.
A company resolution determines the following: a) the date for dividend payment of the participation right in the share capital increase, with share distribution, is set for 01.06.2009. As from the same day, the company's shares will be traded in the ATHEX without participation rights to said increase and starting price of the company's shares in the ATHEX will be set according to the ATHEX Regulations, in combination with decision No. 26 of the ATHEX Board of Directors, as valid and b) beneficiaries to the above increase are the shareholders registered in the Dematerialized Securities System on 03.06.2009 for this listed company.
The 6,728,991 new ordinary-registered shares in the Athens Stock Exchange will start being traded on 05.06.2009. As from the same date, the above shares will be credited to the securities accounts of the Shareholders, kept in the Dematerialized Securities System (DSS).
For further information, shareholders may be informed by the relevant publication of L.3401/2005 which is available online at the ATHEX website, www.ase.gr, as well as the Bank's website, www.piraeusbank.gr. Additionally, they may contact the Shareholders' Information Service of the company (Tel. 210 3335039, Mrs. Rizeakou Evgenia)