HB: Clarifications on dividend reinvestment
5/6/2009 9:42
Further to our announcement dated February 26, 2009 on the payment of a final dividend of €0.02 per share for 2008 to the shareholders of Hellenic Bank Public Company Ltd and the possible reinvestment of the net payable sum in shares, we announce the following:
1. On June 4, 2009, the bank sent to all shareholders who had not instructed the bank on the reinvestment of their dividends, letters on the option for reinvestment.
2. The additional shares (from reinvestment) will be allocated with a discount of 15% on the average price of the share, that is, based on the average of the closing prices of the share in the CSE during the period 27/5/2009 – 2/6/2009, that is, in the first five business days that the share was trading ex-dividend (€1.34 – 15% = €1.14).
3. The last day that the Bank will receive an answer for the dividend reinvestment right will be June 18, 2009.
4. The answers may be sent to the Bank either
a) By post to the address:
Hellenic Bank Public Company Ltd
Administration Office
Shares & Bonds Department
PO Box: 24747
1394 Nicosia, Cyprus, or
b) By fax to number 00 357 22500065
1. On June 4, 2009, the bank sent to all shareholders who had not instructed the bank on the reinvestment of their dividends, letters on the option for reinvestment.
2. The additional shares (from reinvestment) will be allocated with a discount of 15% on the average price of the share, that is, based on the average of the closing prices of the share in the CSE during the period 27/5/2009 – 2/6/2009, that is, in the first five business days that the share was trading ex-dividend (€1.34 – 15% = €1.14).
3. The last day that the Bank will receive an answer for the dividend reinvestment right will be June 18, 2009.
4. The answers may be sent to the Bank either
a) By post to the address:
Hellenic Bank Public Company Ltd
Administration Office
Shares & Bonds Department
PO Box: 24747
1394 Nicosia, Cyprus, or
b) By fax to number 00 357 22500065
