HB: Clarifications on dividend reinvestment
19/6/2008 10:39
Further to our announcement dated May 29, 2008 on the payment of a final dividend to the shareholders of Hellenic Bank Public Company Ltd and the reinvestment of the net payable sum in shares, we wish to add the following:
1. On June 18, 2008, the bank sent to all shareholders who have not instructed it to reinvest their dividends, letters on the option to reinvest it.
2. The shares that will result from the reinvestment will be allocated with a discount of 12% to the average price of the share, that is, on the basis of the average closing price of the share in the CSE during the period 9/6/2008 – 13/6/2008, that is, in the first five business days that the share will trade ex-dividend (€ 2,68 - 12% = €2,36) (ΛΚ1,38).
3. The last day of receipt of the shareholders’ reply for the reinvestment of their dividend is June 27, 2008.
4. The answers may be submitted to the bank either
a) by post to:
Hellenic Bank Public Company Ltd
Administration Office
Shares & Bonds Department
PO Box 24747
1394 Nicosia, Cyprus or
b) by fax, no. 00 357 22500065.
1. On June 18, 2008, the bank sent to all shareholders who have not instructed it to reinvest their dividends, letters on the option to reinvest it.
2. The shares that will result from the reinvestment will be allocated with a discount of 12% to the average price of the share, that is, on the basis of the average closing price of the share in the CSE during the period 9/6/2008 – 13/6/2008, that is, in the first five business days that the share will trade ex-dividend (€ 2,68 - 12% = €2,36) (ΛΚ1,38).
3. The last day of receipt of the shareholders’ reply for the reinvestment of their dividend is June 27, 2008.
4. The answers may be submitted to the bank either
a) by post to:
Hellenic Bank Public Company Ltd
Administration Office
Shares & Bonds Department
PO Box 24747
1394 Nicosia, Cyprus or
b) by fax, no. 00 357 22500065.
