AXIA Ventures Group acted as Advisor & Global Coordinator in the successful €240 million share capital increase of Attica Bank

Attica Bank S.A. (“Attica Bank” or the “Bank”) announced on 21.12.2021 that the share capital increase through cash payment with pre-emptive rights in favor of the existing shareholders was successfully completed by raising funds of an amount of €240,000,000 issuing 1,200,000,000 new common registered voting shares (the “New Shares”), each with a nominal value of €0.20. AXIA Ventures Group (“AXIA”) acted as Advisor & Global Coordinator to Attica Bank in relation to its capital actions, the structuring of the transaction and the identification of strategic institutional capital.

Following a series of capital actions initiated by the Extraordinary General Meeting held on 15.09.2021, a mix of existing and new investors was identified that would inject new capital and set the blueprint for the Bank’s ensuing growth.

The New Shares were subscribed by the Hellenic Financial Stability Fund (HFSF), the Engineers and Public Works Contractors Fund (TMEDE) and the Electronic Unified Single Social Security Agency (e-EFKA) while the ones that remained unsubscribed were allocated by the Board of Directors to investors that had expressed interest until 17.12.2021 and to the company RINOA LTD pursuant the binding basic terms and conditions agreement between TMEDE, HFSF, Ellington Solutions S.A. and ES GINI Investments Limited.

As of December 21^st, the share capital of the Bank amounts to €244,845,889 and is divided into 1,224,229,445 common registered voting shares, each with a nominal value of €0.20.

Mrs. Christina Anagnostara, Managing Director of AXIA Ventures Group stated: “Attica Bank is a historic financial institution of the country and the largest non-systemic bank. The successful completion of its share capital increase, with the participation of private investors, not only enables the Bank to strengthen its capital adequacy ratios but also sets the foundation for further equity capital flows, execution of its business plan and future growth. The AXIA team is extremely pleased to be a leading part of this complex and strategic transaction and be trusted by the Bank & its stakeholders, as well as the local and international investor community”.