ΑΓΡΟΤΙΚΗ ΤΡΑΠΕΖΑ ΤΗΣ ΕΛΛΑΔΟΣ Α.Ε.
Announcement regarding the listing of shares, from the Bank's stock reverse split
Agricultural Bank (hereinafter the "Bank" or "ATEbank") informs the investor community that the Bank's Annual Ordinary General Assembly of shareholders meeting that took place on 29.04.2011, resolved, among others, the increase of the nominal value of each common registered bearing voting right share of the Bank from €0.72 to €7.2000000318075800 with the simultaneous consolidation and decrease of the total number of the Bank's existing common shares from 905,444,444 to 90,544,444 common registered shares (reverse split) at a ratio of one (1) new share for ten (10) existing shares, and the decrease of the share capital of the Bank by €597,593,333.28 by decreasing the nominal value of each common registered bearing voting right share from €7.2000000318075800 to €0.60 per share in order to create a special reserve of an equal amount, pursuant to paragraph 4a of article 4 of codified law 2190/1920.
Pursuant to the above, the Bank's share capital amounts to €729,326,666.40, divided into 90,544,444 common registered bearing voting rights shares of a nominal value of €0.60 each and into 937,500,000 preference shares of a nominal value of € 0.72 each.
On 17.05.2011, the Ministry of Finance, Competition and Shipping decision No Κ2-4663 which approved the amendment of the article 6 of the Company's Articles of Association, was registered with the Prefecture of Athens Registry of Public Companies.
The Athens Exchange ("ATHEX"), at its session on 23.05.2011, approved the listing of the aforementioned 90,544,444 new common registered bearing voting rights shares, each with a nominal value of €7.2000000318075800 in replacement of the existing 905,444,444 common registered shares and was notified of the subsequent decrease of the nominal value of each common registered share from €7.2000000318075800 to €0.60 per share by the decrease of the share capital of the Bank by €597,593,333.28 in order to create a special reserve of an equal amount, pursuant to paragraph 4a of article 4 of codified law 2190/1920.
Further to the Bank's decision, the last trading day of the 905,444,444 existing common registered bearing voting rights shares on the Athens Exchange, will be Friday 27.05.2011.
As of the next trading day, Monday 30.05.2011, the trading of the Bank's shares will cease temporarily in order to complete the replacement process, pursuant to the above.
The beneficiaries of the above corporate action will be the shareholders who will be registered with the Dematerialized Securities System ("DSS") archives in relation to the aforementioned listed company as at Wednesday, 01.06.2011.
The first trading day of the 90,544,444 new common registered bearing voting rights shares with the new nominal value of €0.60 per share on the ATHEX will be Friday, 03.06.2011.
As of that date, the new total number of the Bank's outstanding shares listed on the ATHEX will amount to 90,544,444 common registered bearing voting rights shares.
The initial share price on the ATHEX will be determined according to the ATHEX Rulebook, as well as the prevailing ATHEX BoD decision No 26 and the new shares will be credited to the Shareholders' Share account and Securities Account registered with the DSS.
For any further information or inquiries you may contact the Bank's Investor Relations Department (Tel: 210 32 98 400, 210 32 98 645 & 210 32 98 613).
Pursuant to the above, the Bank's share capital amounts to €729,326,666.40, divided into 90,544,444 common registered bearing voting rights shares of a nominal value of €0.60 each and into 937,500,000 preference shares of a nominal value of € 0.72 each.
On 17.05.2011, the Ministry of Finance, Competition and Shipping decision No Κ2-4663 which approved the amendment of the article 6 of the Company's Articles of Association, was registered with the Prefecture of Athens Registry of Public Companies.
The Athens Exchange ("ATHEX"), at its session on 23.05.2011, approved the listing of the aforementioned 90,544,444 new common registered bearing voting rights shares, each with a nominal value of €7.2000000318075800 in replacement of the existing 905,444,444 common registered shares and was notified of the subsequent decrease of the nominal value of each common registered share from €7.2000000318075800 to €0.60 per share by the decrease of the share capital of the Bank by €597,593,333.28 in order to create a special reserve of an equal amount, pursuant to paragraph 4a of article 4 of codified law 2190/1920.
Further to the Bank's decision, the last trading day of the 905,444,444 existing common registered bearing voting rights shares on the Athens Exchange, will be Friday 27.05.2011.
As of the next trading day, Monday 30.05.2011, the trading of the Bank's shares will cease temporarily in order to complete the replacement process, pursuant to the above.
The beneficiaries of the above corporate action will be the shareholders who will be registered with the Dematerialized Securities System ("DSS") archives in relation to the aforementioned listed company as at Wednesday, 01.06.2011.
The first trading day of the 90,544,444 new common registered bearing voting rights shares with the new nominal value of €0.60 per share on the ATHEX will be Friday, 03.06.2011.
As of that date, the new total number of the Bank's outstanding shares listed on the ATHEX will amount to 90,544,444 common registered bearing voting rights shares.
The initial share price on the ATHEX will be determined according to the ATHEX Rulebook, as well as the prevailing ATHEX BoD decision No 26 and the new shares will be credited to the Shareholders' Share account and Securities Account registered with the DSS.
For any further information or inquiries you may contact the Bank's Investor Relations Department (Tel: 210 32 98 400, 210 32 98 645 & 210 32 98 613).