Further to the announcement dated September 10, 2009 on the expiry of the Public Offer of Hellenic Bank Public Company Ltd for the acquisition of 100% of the share capital of Athena Cyprus Public Company Ltd, Hellenic Bank announces that after the final examination of the Acceptance Forms and the finalization of the procedure, the shareholding of Hellenic Bank in Athena stands at 93.55%.
Pursuant to the Public Offer terms, in case that Hellenic Bank acquires more than 90% of the share capital of Athena, it intends to exercise a squeeze out for the acquisition of the remaining Athena shares so as to acquire 100% of the share capital of Athena, pursuant to the Public Offering Law 2007.
Hellenic Bank announces that it has already taken all necessary measures for the exercise of the squeeze out via the submission of a request to the Securities and Exchange Commission.
Pursuant to the Public Offer terms, in case that Hellenic Bank acquires more than 90% of the share capital of Athena, it intends to exercise a squeeze out for the acquisition of the remaining Athena shares so as to acquire 100% of the share capital of Athena, pursuant to the Public Offering Law 2007.
Hellenic Bank announces that it has already taken all necessary measures for the exercise of the squeeze out via the submission of a request to the Securities and Exchange Commission.
Friday, 2 October, 2009 - 09:51