After the final review of the acceptance and transfer forms, the total acceptance rate of the public offering reached 0.481%
Eurobank SA, a subsidiary of Eurobank Ergasias Services and Holdings SA, Announcing to the investing public that the mandatory public offer process for the acquisition of up to 100% of the issued share capital of Hellenic Bank Public Company Limited, which was submitted on June 4, 2024, has been completed.
After the final verification of the forms of acceptance and transfer, the total acceptance rate of the Public Offer reached 0.481%, as the forms of acceptance and transfer were submitted for 1,984,781 shares of the Acquired Company.
Overall acceptance rate increased to 55,481% (229,030,025 shares) held directly by the Offeror at the end of the public offer on July 30, 2024, provides the Offeror with an aggregate interest of 55,962% (231,014,806 shares) in the issued share capital of the Acquired Company.
Payment of Consideration to Eligible Shareholders Accepting the Public Offer was effected by making bank transfers and sending checks on August 6, 2024 and the Offeror proceeded with the OTC transfer of securities through Cyprus Investment and Securities Corporation Limited (“CISCO”), the operator undertaking the transfer. CISCO and Axia Ventures Group acted as advisors to the Offeror in the context of and for the purposes of the Public Offer process.
