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Procedure for the submission of the TR1 Notification Form


Persons (natural persons or legal entities) required to submit the TR-1 Notification Form to the Bank and the Hellenic Capital Market Commission, pursuant to the provisions of Law 3556/2007, as amended by Law 4374/2016 and in force, are as follows:
  • 1. shareholders of the Bank (individuals and legal entities),
    a) in the event that they acquire or dispose of, either directly or via a third party, Bank shares with voting rights and, as a result of such acquisition or disposal, their percentage of voting rights reaches, exceeds or falls below the thresholds of 5%, 10%, 15%, 20%, 25%, 1/3, 50% and 2/3; This obligation also applies to any person who becomes shareholder of the Bank for the first time provided that such acquisition results in reaching or exceeding the above notifiable thresholds. This particular obligation exists with respect to: i) all shares to which voting rights are attached, ii) each class of shares to which voting rights are attached.
    b) in the event that their percentage of voting rights in the Bank reaches, exceeds or falls below the thresholds of 5%, 10%, 15%, 20%, 25%, 1/3, 50% and 2/3, as a result of events which alter the breakdown of voting rights in the Bank, irrespective of any acquisition or disposal of Bank shares;
    c) on condition that they hold a percentage of voting rights in excess of 10%, whenever there is a change thereto equal to or higher than 3% of the total voting rights in the Bank, as a result of acquisitions or disposals of Bank shares with voting rights or due to events which alter the breakdown of voting rights in the Bank.

  • 2. any natural person or legal entity that is entitled to acquire or dispose of or exercise voting rights in the Bank, in the cases set out in article 10 of Law 3556/2007 (e.g. pledge of voting rights, provision of proxy with the mandate to the proxy to exercise the voting rights at his discretion),, either directly or via a third party, where the percentage of voting rights it is entitled to acquire, dispose of or exercise reaches, exceeds or falls below the thresholds of 5%, 10%, 15%, 20%, 25%, 1/3, 50% and 2/3 or changes by 3% or more;

  • 3. any natural person or legal entity that acquires, either directly or via a third party, financial instruments that:
    a) on maturity, give the holder, under a formal agreement, either the unconditional right to acquire or the discretion as to his right to acquire, shares to which voting rights are attached, already issued, of an issuer whose shares are admitted to trading on a regulated market;
    (b) financial instruments which are not included in point (a) but which are referenced to shares referred to in that point and with economic effect similar to that of the financial instruments referred to in that point, whether or not they confer a right to a physical settlement, provided that such financial instruments entitle the acquisition of already issued Bank shares with voting rights, when the percentage of said voting rights reaches, exceeds or falls below the thresholds of 5%, 10%, 15%, 20%, 25%, 1/3, 50% and 2/3, or changes by 3% or more.
          
  • 4. Any natural person or legal entity when the number of voting rights held directly or indirectly by such person or entity under cases 1 and 2 above, aggregated with the number of voting rights relating to financial instruments held directly or indirectly under case 3 reaches, exceeds or falls below the thresholds set out above.
    Voting rights relating to financial instruments that have already been notified in accordance with case 3 shall be notified again when the natural person or the legal entity has acquired the underlying shares and such acquisition results in the total number of voting rights attached to shares issued by the Bank reaching or exceeding the thresholds laid down above.


Notification is granted by submitting the TR-1 Notification Form, dully signed, to Piraeus Bank and the Hellenic Capital Market Commission as soon as possible and in any case not later than three (3) business days from the date when the obligated person


a) becomes aware of the acquisition or disposal of voting rights/financial instruments, or
b) in light of current situations, ought to have been aware of the acquisition or disposal of voting rights/financial instruments, irrespective of the date, when such acquisition or disposal of voting rights/financial instruments occurred, or
c) becomes aware of the occurrence of a corporate event which alters the breakdown of voting rights in the Bank. The notification should be made with regard to the financial instrument in which the change has occurred, while at the same time, all financial instruments possessed by this natural person or legal entity should be noted in spite of the fact that no change has occurred yet.

  • Piraeus Bank SA (4 Amerikis street, 105 64 Athens) on business days and hours, and is addressed to the Corporate Governance Dept., to the attention of Mrs Mary Zapanti (tel. +30210-3335745, fax +30210-3335749, e-mail: ZapantiM@piraeusbank.gr), with the indication "Form of Notification of Major Holdings ", and

  • Protocol Dept. of the Hellenic Capital Market Commission, addressed to the Directorate of Listed Companies (Department of Continuous Information) with the Indication "Form of Notification of Major Holdings", or sent either by fax to (+30 210) 3377243 either by mail to tr1@cmc.gov.gr. In eachcase, the form should be accompanied by a cover sheet, containing the sender's details, signature, telephone number and total number of pages. . The notification shall be accompanied by an annex filled out by the obligated person and submitted only to the Hellenic Capital Market Commission.

For reasons of convenience, the TR-1 Notification Form is posted on the website of the Hellenic Capital Market Commission, which is the competent authority for the supervision of notification obligations.

It is noted that in the event of the breach of the provisions of Law 3556/2007, the Hellenic Capital Market Commission is entitled to impose the sanctions and measures provided for in article 26 of same law.

 The present is solely for informational purposes and contains a brief and not full description of the main provisions of l. 3556/2007. Therefore, it does not in any case substitute the obligations of all interested parties to know and abide with the obligations under the relevant legal and regulatory framework. The obligated persons should refer to the provisions of revised law 3556/2006 and of the relevant regulatory framework and/or to address to a financial or legal counsel of their choice, if necessary.