HB: Clarifications for dividend reinvestment
2/10/2008 9:00
Further to our announcement dated September 10, 2008 on the payment of an interim dividend of €0.05 per share to the shareholders of Hellenic Bank Public Company Ltd and the right for reinvestment of the entire net sum of the interim dividend or part of it in Bank’s shares, we would like to announce the following:
1. The letters on the option for reinvestment have been posted to all shareholders who have not instructed the bank for the reinvestment of their dividends on September 30, 2008.
2. The additional shares (from reinvestment) will be allocated with a discount of 12% on the average price of the share, that is, on the basis of the average closing price of the share in the CSE from 22/9/2008 to 26/9/2008, that is, in the first five business days of trading without interim dividend (€2.02 – 12% = €1.78) (£1.04).
3. The last day that the Bank will receive an answer for the exercise the interim dividend reinvestment or the provision of instructions for reinvestment will be October 13, 2008.
4. The answers may be posted to the bank either
a) By post to the following address,
Hellenic Bank Public Company Ltd
Administration Office
Shares & Bonds Department
PO Box 24747
1394 Nicosia, Cyprus or
b) By fax to 00357 22500065.
1. The letters on the option for reinvestment have been posted to all shareholders who have not instructed the bank for the reinvestment of their dividends on September 30, 2008.
2. The additional shares (from reinvestment) will be allocated with a discount of 12% on the average price of the share, that is, on the basis of the average closing price of the share in the CSE from 22/9/2008 to 26/9/2008, that is, in the first five business days of trading without interim dividend (€2.02 – 12% = €1.78) (£1.04).
3. The last day that the Bank will receive an answer for the exercise the interim dividend reinvestment or the provision of instructions for reinvestment will be October 13, 2008.
4. The answers may be posted to the bank either
a) By post to the following address,
Hellenic Bank Public Company Ltd
Administration Office
Shares & Bonds Department
PO Box 24747
1394 Nicosia, Cyprus or
b) By fax to 00357 22500065.
