On November 10, 2000, during the Extraordinary General Assembly of shareholders of the Board of Directors of EFG Eurobank Ergasias a proposal was approved to increase its share capital, by capitalising a difference from the issuing of shares above par, and to distribute three for ten bonus shares.
On November 10, 2000, during the Extraordinary General Assembly of shareholders of the Board of Directors of EFG Eurobank Ergasias a proposal was approved to increase its share capital, by capitalising a difference from the issuing of shares above par, and to distribute three for ten bonus shares.The increase in the Bank's share capital is 57.36 bn GRD and will be effected by the issuance of 67,491,136 new shares of a nominal value of 850 GRD each. Following this increase, the share capital of EFG Eurobank Ergasias will stand at 248,592,351,500 GRD, and will be divided into 292,461,590 shares of a nominal value of 850 GRD each. The cut-off date for the rights issue and that for the introduction of the new shares for negotiation will be announced in the Press. The Extra-ordinary General Assembly also approved the election of Mr Panayotis K. Lambropoulos to the Board of Directors in the place of Mr C. Sorotos. The Bank's Management also announced to the General Assembly the action it has taken to implement a prior decision of the Regular General Assembly on the re-purchase of its own shares. According to the figures announced, in the period 14 June 2000 - 10 November 2000, 1,250,140 of its shares were bought by EFG Eurobank Ergasias at an average purchase price of 9,248 GRD each.
For further information please contact:
- Peppy Iplixian, Investor Relations + 30 1 337 1527 piplixian@eurobank.gr
- Christos Staikouras, Strategy Investment and Planning Division + 30 1 337 1528 cstaikouras@eurobank.gr