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Final results of the final exercise of the Titles Representing Share Ownership Rights (Warrants) – 9th Exercise (02.01.2018)

Further to the announcement of PIRAEUS BANK S.A. (hereinafter “the Bank”) dated 20.12.2017 regarding the ninth (9th) exercise process of the Titles Representing Share Ownership Rights (hereinafter the “Warrants”), the Bank announces that following the settlement of the Warrant exercise orders including the fractional shares, 7,136 Warrants on shares issued by the Bank and owned by the Hellenic Financial Stability Fund (HFSF) have been exercised. The exercise of the Warrants resulted in 15 common shares of the Bank corresponding to 0.0000034% of the total shares outstanding, increasing commensurately the Bank’s free float. The total consideration paid by the Warrant holders to the HFSF amounts to Euro 64,260.00.

It is noted that 02.01.2018 was the final date for the exercise of Warrants and, in accordance with the provisions of Law 3864/2010 and Cabinet Act 43/2015, which amended Cabinet Act 38/2012, in conjunction with Cabinet Act 6/2013, the Warrants which were not exercised until that date automatically expired and were cancelled by the HFSF on 05.01.2018.

Number of Warrants to be cancelled                                                 

843,629,886

Number of other common shares owned by the HFSF / Percentage of total share capital

115,375,400

26.42%

Number of common shares owned by private investors  / Percentage of total share capital

321,283,764

73.58%

Total number of outstanding common shares  / Percentage of total share capital

436,659,164

100.00%


Athens, 05 January 2018


DISCLAIMER

All data and information herein are provided solely for the purposes of information and compliance with legal obligations of Piraeus Bank and do not, in any way, constitute provision of investment advice or invitation for investment in the above mentioned securities.

Certain of the information contained herein regarding the Warrants are based on the current legislative framework which may change in the future. Piraeus Bank does not assume any liability for any changes in the legislative framework governing the Warrants. 

This release is not an offer to purchase securities in the USA, Australia, Canada, South Africa, Japan or in any jurisdiction in which such offer is unlawful. Securities may not be offered or sold in the USA absent registration under the US Securities Act of 1933 (the “Securities Act”) or an exemption from registration.  Subject to certain exceptions, the securities referred to herein may not be offered or sold in Australia, Canada, South Africa or Japan or to, or for the account or benefit of, any national, resident or citizen of Australia, Canada, South Africa or Japan. The securities referred to herein have not been registered under the Securities Act or under the applicable securities laws of Australia, Canada, South Africa or Japan.