Marfin: Issue of up to €83.8m Capital Securities
9/6/2008 9:43
Further to its announcements dated 18/3/2008 and 21/4/2008, we submit the announcement of Marfin Popular Bank Public Co Ltd on the offer and issue of Capital Securities, as well as their listing in the Cyprus Stock Exchange.
Offer and issue of Capital Securities and listing in the CSE
Marfin Popular Bank Public Co Ltd announces that on June 6, 2008, the Securities and Exchange Commission approved the Bank’s Prospectus on:
- The offer and issue as well as the listing in the CSE of up to €83,841,000 Capital Securities of nominal value €1,000 to the public and
- The listing in the CSE of €116,159,000 Capital Securities of nominal value €1,000 issued on April 14, 2008 to professional investors, limited number of persons and persons who submitted applications of at least €50,000.
The Public Offer addresses to the public and to persons who can accept it legally. Specifically, the Public Offer does not address directly or indirectly to any countries in which the submission of the Pubic Offer or the dispatch/distribution of the Prospectus dated June 6, 2008 is illegal or violates any legislation or regulation, including the USA, Canada, Australia, South Africa and Japan. Therefore, the dispatch or distribution of copies of the Prospectus dated June 6 and any other document is prohibited.
According to the Prospectus, investors who wish to participate in the Public Offer for the acquisition of Capital Securities of Marfin Popular Bank Public Co Ltd must fill in and sign the application, declaring the number of Capital Securities and submit it together with the required sum at:
- The Underwriter’s office, Laiki Investment EPEY Public Company Limited, Ettita Court, 1st floor, 39 Evagorou Avenue, 1066 Nicosia.
- Any other Marfin Popular Bank branch in Cyprus.
The required sum may be paid with:
- A cheque payable to “Marfin Popular Bank Public Co Ltd”
- A banker’s draft payable to “Marfin Popular Bank Public Co Ltd”
- Use of the product resulting from the acquisition from Marfin Popular Bank of the Capital Securities Issue 2003, which are held by the investor.
- Debit of the investor’s account in Marfin Popular Bank.
Permit for the Publication of the Prospectus: June 6, 2008
Public Offering started: June 10, 2008
Public Offer expired: June 20, 2008
Issue of Capital Securities of up to €83,841,000: June 30, 2008
Publication of result of PO: July 2, 2008
Dispatch of Allocation Letters: July 4, 2008.
The Bank takes all necessary measures for the listing of the already issued Capital Securities of €116,159,000 in the CSE and it has, therefore, submitted to the CSE the relevant questionnaire. The Bank takes all necessary measures so that the listing of the Capital Securities of up to €83,841,000 in the CSE be carried out after the payment of the interest from the three-month period from July to September 2008, since from this date those Capital Securities of up to €83,841,000 will be incorporated in the already listed Capital Securities of €116,169,000 in a single issue. In both cases, a) the trading of the Capital Securities in the Corporate Bonds Market will commence as soon as the Company secures the relevant approval by the CSE and as soon as the CSE ensures that the Capital Securities Holders Register has been submitted in electronic form and fulfils all requirements set by the CSE and b) the start of trading of the Capital Securities in the CSE will be announced to the CSE and will be published in the Press.
The period of payment will start on June 10, 2008 at 8.30 am and will expire on June 20, 2008 at 13.00. Applications received after the aforementioned period will not be taken into account.
Prospectus
The Prospectus dated June 6, 2008 contains full information on the Bank and you are advised to examine it thoroughly before submitting the form. The Prospectus dated June 6, 2008 is available free of charge until the listing of the Capital Securities in the CSE:
In electronic form from June 7, 2008
- At the Bank’s website (www.laiki.com).
From June 10, 2008
- At the SEC website (www.cysec.gov.cy)
- At the CSE website (www.cse.com.cy)
In printed form from June 10, 2008 at:
- The office of Laiki Investment EPEY Public Company Limited, Ettita Court, 1st floor, 39 Evagorou Avenue, 1066 Nicosia.
- All Marfin Popular Bank branches in Cyprus.
If you wish a copy in printed form earlier than the dates above, please address to the Bank or the Underwriter, Laiki Investment EPEY Public Company Limited.
Information
For further information or clarifications, please contact Laiki Investment EPEY Public Company Limited, tel. 22718301.
Offer and issue of Capital Securities and listing in the CSE
Marfin Popular Bank Public Co Ltd announces that on June 6, 2008, the Securities and Exchange Commission approved the Bank’s Prospectus on:
- The offer and issue as well as the listing in the CSE of up to €83,841,000 Capital Securities of nominal value €1,000 to the public and
- The listing in the CSE of €116,159,000 Capital Securities of nominal value €1,000 issued on April 14, 2008 to professional investors, limited number of persons and persons who submitted applications of at least €50,000.
The Public Offer addresses to the public and to persons who can accept it legally. Specifically, the Public Offer does not address directly or indirectly to any countries in which the submission of the Pubic Offer or the dispatch/distribution of the Prospectus dated June 6, 2008 is illegal or violates any legislation or regulation, including the USA, Canada, Australia, South Africa and Japan. Therefore, the dispatch or distribution of copies of the Prospectus dated June 6 and any other document is prohibited.
According to the Prospectus, investors who wish to participate in the Public Offer for the acquisition of Capital Securities of Marfin Popular Bank Public Co Ltd must fill in and sign the application, declaring the number of Capital Securities and submit it together with the required sum at:
- The Underwriter’s office, Laiki Investment EPEY Public Company Limited, Ettita Court, 1st floor, 39 Evagorou Avenue, 1066 Nicosia.
- Any other Marfin Popular Bank branch in Cyprus.
The required sum may be paid with:
- A cheque payable to “Marfin Popular Bank Public Co Ltd”
- A banker’s draft payable to “Marfin Popular Bank Public Co Ltd”
- Use of the product resulting from the acquisition from Marfin Popular Bank of the Capital Securities Issue 2003, which are held by the investor.
- Debit of the investor’s account in Marfin Popular Bank.
Permit for the Publication of the Prospectus: June 6, 2008
Public Offering started: June 10, 2008
Public Offer expired: June 20, 2008
Issue of Capital Securities of up to €83,841,000: June 30, 2008
Publication of result of PO: July 2, 2008
Dispatch of Allocation Letters: July 4, 2008.
The Bank takes all necessary measures for the listing of the already issued Capital Securities of €116,159,000 in the CSE and it has, therefore, submitted to the CSE the relevant questionnaire. The Bank takes all necessary measures so that the listing of the Capital Securities of up to €83,841,000 in the CSE be carried out after the payment of the interest from the three-month period from July to September 2008, since from this date those Capital Securities of up to €83,841,000 will be incorporated in the already listed Capital Securities of €116,169,000 in a single issue. In both cases, a) the trading of the Capital Securities in the Corporate Bonds Market will commence as soon as the Company secures the relevant approval by the CSE and as soon as the CSE ensures that the Capital Securities Holders Register has been submitted in electronic form and fulfils all requirements set by the CSE and b) the start of trading of the Capital Securities in the CSE will be announced to the CSE and will be published in the Press.
The period of payment will start on June 10, 2008 at 8.30 am and will expire on June 20, 2008 at 13.00. Applications received after the aforementioned period will not be taken into account.
Prospectus
The Prospectus dated June 6, 2008 contains full information on the Bank and you are advised to examine it thoroughly before submitting the form. The Prospectus dated June 6, 2008 is available free of charge until the listing of the Capital Securities in the CSE:
In electronic form from June 7, 2008
- At the Bank’s website (www.laiki.com).
From June 10, 2008
- At the SEC website (www.cysec.gov.cy)
- At the CSE website (www.cse.com.cy)
In printed form from June 10, 2008 at:
- The office of Laiki Investment EPEY Public Company Limited, Ettita Court, 1st floor, 39 Evagorou Avenue, 1066 Nicosia.
- All Marfin Popular Bank branches in Cyprus.
If you wish a copy in printed form earlier than the dates above, please address to the Bank or the Underwriter, Laiki Investment EPEY Public Company Limited.
Information
For further information or clarifications, please contact Laiki Investment EPEY Public Company Limited, tel. 22718301.
