Marfin: Issue of shares from dividend reinvestment
13/6/2008 15:21
The Board of Directors of MARFIN POPULAR BANK PUBLIC CO LTD (the “Bank”) informs the investing public that the Dividend Re-investment Plan (the “Plan”) was approved at its meetings of 14.02.2008 and 17.4.2008.
Subsequently, the Board of Directors of the Bank at its meeting of 02.06.2008 decided the issue of 33.434.650 new ordinary shares of nominal value €0,85, which resulted from the capital increase due to the re-investment of the final dividend for the year 2007. The shares issued in accordance with the above, are allotted to the beneficiary shareholders who participated in the Plan at 10% lower than the average closing price of the share of the Bank in the Cyprus Stock Exchange and the Athens Stock Exchange during the period from May 23 until May 29, 2008 (first five days during which the share was traded ex-dividend). Based on the above, the price of the new shares was set at €4,64.
In accordance with the above mentioned re-investment of the dividend for the year 2007, the beneficiary shareholders were informed accordingly by mail for the terms of the Plan and 6.546 shareholders exercised the right and participated in the Plan, out of which 33.434.650 new ordinary shares were issued and consequently the share capital of the Bank increased by €28.419.452,50 and amounts to €705.606.929,15, divided into 830.125.799 ordinary shares of nominal value €0,85.
The Board of Directors of the Athens Stock Exchange at its meeting on 12/06/2008 and the Board of Directors of the Cyprus Stock Exchange at its meeting on the same date have approved the listing for trading of the above mentioned new shares.
Subsequently to the above, the trading on the Athens Stock Exchange and on the Cyprus Stock Exchange of the 33.434.650 new ordinary shares of the Bank begins on the 18/06/2008. From the same date the starting price for trading in the Bank's shares on the Athens Stock Exchange and on the Cyprus Stock Exchange will be formulated in accordance with the Regulations of the two Stock Exchanges and the above mentioned shares will be credited to the investor accounts and securities accounts of the beneficiary shareholders on the Dematerialised Securities System (DSS).
Further information may be obtained from the relevant form which is available since 09/06/2008 in electronic form a) on the site of the Group www.laiki.com (choose Investor Relations / Announcements), as well β) on the site of the Athens Stock Exchange www.ase.gr and the Cyprus Stock Exchange www.cse.com.cy . Shareholders may also contact the Laiki Telebank at the telephone number 80002000 from Cyprus and +357 22887766 from abroad, between 7:45 and 21:15 (Monday - Friday).
Subsequently, the Board of Directors of the Bank at its meeting of 02.06.2008 decided the issue of 33.434.650 new ordinary shares of nominal value €0,85, which resulted from the capital increase due to the re-investment of the final dividend for the year 2007. The shares issued in accordance with the above, are allotted to the beneficiary shareholders who participated in the Plan at 10% lower than the average closing price of the share of the Bank in the Cyprus Stock Exchange and the Athens Stock Exchange during the period from May 23 until May 29, 2008 (first five days during which the share was traded ex-dividend). Based on the above, the price of the new shares was set at €4,64.
In accordance with the above mentioned re-investment of the dividend for the year 2007, the beneficiary shareholders were informed accordingly by mail for the terms of the Plan and 6.546 shareholders exercised the right and participated in the Plan, out of which 33.434.650 new ordinary shares were issued and consequently the share capital of the Bank increased by €28.419.452,50 and amounts to €705.606.929,15, divided into 830.125.799 ordinary shares of nominal value €0,85.
The Board of Directors of the Athens Stock Exchange at its meeting on 12/06/2008 and the Board of Directors of the Cyprus Stock Exchange at its meeting on the same date have approved the listing for trading of the above mentioned new shares.
Subsequently to the above, the trading on the Athens Stock Exchange and on the Cyprus Stock Exchange of the 33.434.650 new ordinary shares of the Bank begins on the 18/06/2008. From the same date the starting price for trading in the Bank's shares on the Athens Stock Exchange and on the Cyprus Stock Exchange will be formulated in accordance with the Regulations of the two Stock Exchanges and the above mentioned shares will be credited to the investor accounts and securities accounts of the beneficiary shareholders on the Dematerialised Securities System (DSS).
Further information may be obtained from the relevant form which is available since 09/06/2008 in electronic form a) on the site of the Group www.laiki.com (choose Investor Relations / Announcements), as well β) on the site of the Athens Stock Exchange www.ase.gr and the Cyprus Stock Exchange www.cse.com.cy . Shareholders may also contact the Laiki Telebank at the telephone number 80002000 from Cyprus and +357 22887766 from abroad, between 7:45 and 21:15 (Monday - Friday).
