You are here

HB suspends procedures for dual listing

02/04/2015 10:45
The Board of Directors of the Hellenic Bank decided to suspend procedures for dual listing of its shares on the Athens Stock Exchange.

According to its announcement, the bank took this decision after considering the uncertainties of the economic environment in Greece.

It is stressed that “the reasons which originally prompted the Bank to take the decision for the Dual Listing of its securities to the Athens Stock Exchange, which amongst others included enhancement of the liquidity and marketability of the Bank’s securities and to ensure access to a wider base of investors, still stand, and therefore, the Bank will closely monitor the developments and when it shall deem appropriate will re-examine its decision and will proceed with the necessary announcements”.

The Hellenic Bank’s decision for dual listing of securities on Athex was announced on December 3rd, 2014.