NAT. BANK OF GREECE SA
PRESS RELEASE-NBG successfully covers rights issue
NATIONAL BANK OF GREECE
PRESS RELEASE
NBG successfully covers rights issue
National Bank of Greece S.A. thanks its old shareholders and new investors for participating in its share capital increase, and hereby informs investors of the following:
- The total percentage of the rights offering covered by private investors (under Cabinet Act 6/5-6-2013) was 10.8%.
- 3/4 of the participation in the share capital increase was carried out by exercising preference rights.
- Almost 50% of the rights issue was subscribed by international investors, implying that Greece has benefited from about EUR500 million in foreign direct investment.
- 1/3 of the increase was covered by domestic households, comprising approximately some 120,000 investors, reflecting the broad shareholder base of the Bank.
- 2/3 of the share capital increase was covered by existing shareholders.
- In view of the amount raised, contingent convertible bonds (CoCos) need not be issued.
Athens, 14 June 2013