Marfin: Sale of 43.3m shares against €119,18m by a controlled company of Royal Bank of Scotland
27/5/2009 10:16
ANNOUNCEMENT OF REGULATED INFORMATION OF CYPRUS LAW 190(Ι)/2007
Marfin Popular Bank Public Co Ltd (the “Bank) announces in accordance to the Cyprus Law 190(Ι)/2007, that on 26 May 2009 The Royal Bank of Scotland Group Plc gave it notice that on 22 May 2009 company controlled by the Group proceeded with the sale of 43.309.267 shares of the Bank of total value €119.176.944,54. According to the Group’s notice, following the sale of the above shares, the total percentage of shares held by The Royal Bank of Scotland Group Plc through its controlled companies was decreased from 5,226% to 0,006% (The Royal Bank of Scotland Plc from 5,22% to 0% - ABN AMRO Bank N.V. 0,006%). It is noted that The Royal Bank of Scotland Group acquired the said shares in accordance to the terms of a financial instrument (total return equity swap).
Marfin Popular Bank Public Co Ltd (the “Bank) announces in accordance to the Cyprus Law 190(Ι)/2007, that on 26 May 2009 The Royal Bank of Scotland Group Plc gave it notice that on 22 May 2009 company controlled by the Group proceeded with the sale of 43.309.267 shares of the Bank of total value €119.176.944,54. According to the Group’s notice, following the sale of the above shares, the total percentage of shares held by The Royal Bank of Scotland Group Plc through its controlled companies was decreased from 5,226% to 0,006% (The Royal Bank of Scotland Plc from 5,22% to 0% - ABN AMRO Bank N.V. 0,006%). It is noted that The Royal Bank of Scotland Group acquired the said shares in accordance to the terms of a financial instrument (total return equity swap).
