Resolutions of the Bank’s Repeat Annual General Shareholders’ Meeting 21.04.2008 | Eurobank
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Resolutions of the Bank’s Repeat Annual General Shareholders’ Meeting 21.04.2008

EFG Eurobank Ergasias S.A. announces that the Repeat Annual General Meeting of April 21st, 2008, convened with a quorum of 54.86%, regarding the following items of the Agenda, as numbered on the Invitation dated 17.03.2008 (for which discussion had been postponed due to lack of quorum on April 8th, 2008) and resolved the following:
2. The Bank’s share capital will increase by up to €42,000,000 through the issue of up to 15,272,727 new shares, of nominal value € 2.75 each offered at a price equal to a 3% discount on the average closing share price of the first four working days that the shares trade ex-dividend. The share capital will increase through the reinvestment of final dividend for the year 2007, to the extent that the shareholders decide, at their sole discretion and within the period from 22.04.2008 to 8.05.2008, to receive either all or part of their dividend in a whole number of shares of the Bank, instead of cash. All new shares will be registered ordinary voting shares in electronic form and will be entitled to dividends paid in future. Any balance of the dividend left after each shareholder’s reinvestment in shares will be paid to the shareholder in cash. Article 5 of the Articles of Association of the Bank will be amended accordingly, to show the above-mentioned increase of the Bank’s share capital and the number of shares. If only a part of the above mentioned share capital increase is met by the reinvestment of the dividend, the Board of Directors will adjust, at the time it certifies the deposit of funds, Article 5 of the Articles of Association to show the precise amount of share capital covered.

3. The Bank’s share capital will increase by up to €70,000,000 through the issue of up to 25,454,545 new shares, of nominal value € 2.75 each offered at a price equal to the average closing share price of a period of working days, reduced by at least 3%. The issue price will be decided by the Board of Directors with the above-mentioned constraint, within one year from the resolution of the General Meeting. The share capital will increase through the reinvestment of the interim dividend for the year 2008, which is expected to be distributed within 2008, to the extent that the shareholders decide, at their sole discretion, to receive either all or part of their dividends in a whole number of shares of the Bank, instead of cash. All new shares will be registered ordinary voting shares in electronic form and will be entitled to dividends paid in future. Any balance of the dividend left after each shareholder’s reinvestment in shares will be paid to the shareholder in cash. Article 5 of the Articles of Association of the Bank will be amended accordingly, to show the above-mentioned increase of the Bank’s share capital and the number of shares. If only a part of the above mentioned share capital increase is met by the reinvestment of dividends, the Board of Directors will adjust, at the time it certifies the deposit of funds, Article 5 of the Articles of Association to show the precise amount of share capital covered.

9. The amendment of the Articles of Association of the Bank, in order to:
(a) adjust for c.l. 2190/1920 (following its amendment by law 3604/2007), through the deletion of articles which merely repeat provisions of the law, and adoption of new possibilities provided by the new law,
(b) align the Bank’s object clause with l. 3601/2007, and
(c) enable the transmission of information to shareholders and holders of capital instruments by electronic means, in accordance with article 18 of l. 3556/2007.
The above mentioned resolutions of the General Meeting will be implemented following due legal procedure.