Marfin: Allocation of shares to shareholders of Marfin Financial and Laiki Hellas that accepted the POs
19/4/2007 9:58
Marfin Popular Bank Public Co Ltd announces that the Board of Directors has been informed on the percentage of exercise of the right to exit by the shareholders of Marfin Financial Group SA Holdings with the exchange of 5,7570 new shares for every offered share within the framework of the Public Offer and pursuant to article 28 of N. 3461/2006 and the Decision of the Board of Directors of the Securities and Exchange Commission 1/409/29.12.2006 and for the number of shares for which the shareholders of Laiki Bank (Hellas) SA had accepted the Private Offer within the framework of the exchange and transfer of shares.
Taking into account the exchange terms, that is, 5,757 Company’s shares for every share of Marfin Financial Group SA Holdings and 14,9962 Company’s shares for every share of Laiki Bank (Helllas) SA pursuant to the authorization by the Extraordinary General Meeting on October 31, 2006 and the Extraordinary General Meeting on March 12, 2007, the Board of Directors decided to issue and allocate 6,364,439 new ordinary shares to the shareholders of Marfin Financial Group SA Holdings and 18,137,977 new ordinary shares to the shareholders of Laiki Bank (Hellas) SA within the framework of the exchange and transfer of their shares.
The new ordinary shares that will be issued and allocated will rank pari passu with the existing shares.
Following the above, the authorized share capital, which was issued and fully paid, stands at £398,341,382 divided into 796,682,764 shares of nominal value £0.50 each.
Taking into account the exchange terms, that is, 5,757 Company’s shares for every share of Marfin Financial Group SA Holdings and 14,9962 Company’s shares for every share of Laiki Bank (Helllas) SA pursuant to the authorization by the Extraordinary General Meeting on October 31, 2006 and the Extraordinary General Meeting on March 12, 2007, the Board of Directors decided to issue and allocate 6,364,439 new ordinary shares to the shareholders of Marfin Financial Group SA Holdings and 18,137,977 new ordinary shares to the shareholders of Laiki Bank (Hellas) SA within the framework of the exchange and transfer of their shares.
The new ordinary shares that will be issued and allocated will rank pari passu with the existing shares.
Following the above, the authorized share capital, which was issued and fully paid, stands at £398,341,382 divided into 796,682,764 shares of nominal value £0.50 each.
