MIG HOLDINGS S.A.
Issue of Convertible Bond Loan Negotiable on the Athex with Pre-Emption Right in Favor of Existing Shareholders
ISSUE OF CONVERTIBLE BOND LOAN NEGOTIABLE ON THE ATHEX WITH PRE-EMPTION RIGHT IN FAVOR OF EXISTING SHAREHOLDERS
EX-RIGHTS DATE: 11/2/2010
PERIOD FOR EXERCISING PRE-EMPTION RIGHTS: From 18/2/2010 until (and including) 4/3/2010
PRE-EMPTION RIGHTS TRADING PERIOD: From 18/2/2010 until (and including) 26/2/2010
AGENT / TRUSTEE: "INVESTMENT BANK OF GREECE SA"
"MARFIN INVESTMENT GROUP HOLDINGS SA" (the "Company") wishes to inform the Shareholders on the following:
Issue of Convertible Bond Loan ("CBL")
Negotiable at the ATHEX - General Terms
Type of Bonds: Registered, convertible into common registered shares of the Company.
Number of Bonds convertible into common shares: Up to 84,457,262
Bonds' nominal value: Euro 4.77
Bonds' selling price: Euro 4.77 per Bond
Ratio of participation of existing shareholders in the issue: 1 bond per 9 shares.
Anticipated income from issue: Up to Euro 402,861,139.74
If the Loan is not fully subscribed for by the existing shareholders and/or by other investors (third parties), the issue shall rise up to the paid-up amount.
Duration: 5 years.
Interest rate: 5% annually.
Return on maturity: 10%
Bonds' redemption price: Euro 5.247.
Conversion price: 10% more than the average closing price of the Company's share at the ATHEX, of the 5 previous sessions prior to commencement of trading of the bonds.
The ex-rights date for the right to participate in the Convertible Bond Loan Issue with pre-emption rights to existing shareholders will be 11/2/2010. As of that date, the Company's shares will be traded at the ATHEX without the right to participate in the issue.
Entitled to the pre-emption rights will be the Shareholders who are registered in the Shareholders Register of "HELLENIC EXCHANGES SA" ("HELEX") upon clearance of the transactions effected until close of the ATHEX session on 10/2/2010. The record date will be 16/2/2010.
The exercise period for the pre-emption right in the CBL issue will be from 18/2/2010 until (and including) 4/3/2010. Pre-emption rights are transferable and will be traded at the ATHEX. Commencement of trading of pre-emption rights on the ATHEX electronic trading system coincides with the commencement of their exercise period. Pre-emption rights cannot be traded on the last 4 business days prior to expiry of the rights exercise period (26/2/2010).
The pre-emption rights will be credited to the accounts of each beneficiary held with the Dematerialized Securities System (DSS), on the date of commencement of the exercise period.
Pre-emption rights may be exercised during business days and hours at "MARFIN EGNATIA BANK S.A." branches.
To exercise their rights, Shareholders should present their ID card, a print-out of DSS particulars, their Taxpayer ID number and the relevant Rights Certificate, which they will obtain from their account operator (or from "HELEX") if their shares are held in a Special Account with the DSS. It is noted that, on exercising their rights, the Shareholders must also state the following:
a) their DSS investor account number
b) their DSS securities account number and
c) the authorised DSS operator of their securities account. It is further noted that the beneficiaries of pre-emption rights may duly authorize their securities account operator to take all necessary action on their behalf for the purpose of exercising their pre-emption rights in their name with regard to their participation in the CBL issue.
At the time of their subscription, the Shareholders or their authorized representatives must pay the amount of the bonds (4.77 euros per bond) to a special account to be opened by the Company with "MARFIN EGNATIA BANK S.A.".
The new Bonds will be incorporeal.
In case that the CBL issue is not fully subscribed for by the existing shareholders, any remaining unsubscribed bonds will be freely disposed at the discretion of the Company's Board of Directors. The Company will release a new announcement to inform investors regarding the subscription percentage of the CBL and the date of listing of the bonds for trading at the ATHEX.
The bonds will be allocated to the beneficiaries by updating their Securities Account with the DSS, on a date to be notified in a new announcement of the Company.
The Prospectus regarding the CBL Issue with Pre-Emption Rights of Existing Shareholders, as approved by the Board of Directors of the Capital Market Commission on 08/02/2010, will be available in electronic form on the ATHEX webpage (www.ase.gr), on the Capital Market Commission webpage (www.hcmc.gr) and on the Company's webpage (www.marfininvestmentgroup.gr) as of 09/02/2010, as well as in printed form at the Company's offices at 24 Kifissias Avenue, 151 25 Maroussi, and in all branches of "MARFIN EGNATIA BANK SA" as of 16/2/2010.
For more information, please contact the Shareholders Services of the Company (Mrs. Maria Spanaki, Mr. Sgagias, tel nr.: 210 7710053, 210 7710383), during business days and hours.
EX-RIGHTS DATE: 11/2/2010
PERIOD FOR EXERCISING PRE-EMPTION RIGHTS: From 18/2/2010 until (and including) 4/3/2010
PRE-EMPTION RIGHTS TRADING PERIOD: From 18/2/2010 until (and including) 26/2/2010
AGENT / TRUSTEE: "INVESTMENT BANK OF GREECE SA"
"MARFIN INVESTMENT GROUP HOLDINGS SA" (the "Company") wishes to inform the Shareholders on the following:
Issue of Convertible Bond Loan ("CBL")
Negotiable at the ATHEX - General Terms
Type of Bonds: Registered, convertible into common registered shares of the Company.
Number of Bonds convertible into common shares: Up to 84,457,262
Bonds' nominal value: Euro 4.77
Bonds' selling price: Euro 4.77 per Bond
Ratio of participation of existing shareholders in the issue: 1 bond per 9 shares.
Anticipated income from issue: Up to Euro 402,861,139.74
If the Loan is not fully subscribed for by the existing shareholders and/or by other investors (third parties), the issue shall rise up to the paid-up amount.
Duration: 5 years.
Interest rate: 5% annually.
Return on maturity: 10%
Bonds' redemption price: Euro 5.247.
Conversion price: 10% more than the average closing price of the Company's share at the ATHEX, of the 5 previous sessions prior to commencement of trading of the bonds.
The ex-rights date for the right to participate in the Convertible Bond Loan Issue with pre-emption rights to existing shareholders will be 11/2/2010. As of that date, the Company's shares will be traded at the ATHEX without the right to participate in the issue.
Entitled to the pre-emption rights will be the Shareholders who are registered in the Shareholders Register of "HELLENIC EXCHANGES SA" ("HELEX") upon clearance of the transactions effected until close of the ATHEX session on 10/2/2010. The record date will be 16/2/2010.
The exercise period for the pre-emption right in the CBL issue will be from 18/2/2010 until (and including) 4/3/2010. Pre-emption rights are transferable and will be traded at the ATHEX. Commencement of trading of pre-emption rights on the ATHEX electronic trading system coincides with the commencement of their exercise period. Pre-emption rights cannot be traded on the last 4 business days prior to expiry of the rights exercise period (26/2/2010).
The pre-emption rights will be credited to the accounts of each beneficiary held with the Dematerialized Securities System (DSS), on the date of commencement of the exercise period.
Pre-emption rights may be exercised during business days and hours at "MARFIN EGNATIA BANK S.A." branches.
To exercise their rights, Shareholders should present their ID card, a print-out of DSS particulars, their Taxpayer ID number and the relevant Rights Certificate, which they will obtain from their account operator (or from "HELEX") if their shares are held in a Special Account with the DSS. It is noted that, on exercising their rights, the Shareholders must also state the following:
a) their DSS investor account number
b) their DSS securities account number and
c) the authorised DSS operator of their securities account. It is further noted that the beneficiaries of pre-emption rights may duly authorize their securities account operator to take all necessary action on their behalf for the purpose of exercising their pre-emption rights in their name with regard to their participation in the CBL issue.
At the time of their subscription, the Shareholders or their authorized representatives must pay the amount of the bonds (4.77 euros per bond) to a special account to be opened by the Company with "MARFIN EGNATIA BANK S.A.".
The new Bonds will be incorporeal.
In case that the CBL issue is not fully subscribed for by the existing shareholders, any remaining unsubscribed bonds will be freely disposed at the discretion of the Company's Board of Directors. The Company will release a new announcement to inform investors regarding the subscription percentage of the CBL and the date of listing of the bonds for trading at the ATHEX.
The bonds will be allocated to the beneficiaries by updating their Securities Account with the DSS, on a date to be notified in a new announcement of the Company.
The Prospectus regarding the CBL Issue with Pre-Emption Rights of Existing Shareholders, as approved by the Board of Directors of the Capital Market Commission on 08/02/2010, will be available in electronic form on the ATHEX webpage (www.ase.gr), on the Capital Market Commission webpage (www.hcmc.gr) and on the Company's webpage (www.marfininvestmentgroup.gr) as of 09/02/2010, as well as in printed form at the Company's offices at 24 Kifissias Avenue, 151 25 Maroussi, and in all branches of "MARFIN EGNATIA BANK SA" as of 16/2/2010.
For more information, please contact the Shareholders Services of the Company (Mrs. Maria Spanaki, Mr. Sgagias, tel nr.: 210 7710053, 210 7710383), during business days and hours.