Availability of documents to the shareholders
Piraeus Bank S.A. announces that pursuant to article 63 of L. 4601/2019, as of today, 07/10/2020, the following documents are available to Piraeus Bank’ s shareholders on website of the Bank https://www.piraeusbankgroup.com/en/investors/share/transformation-plan, as well as at the registered seat of the Bank in Athens, 4 Amerikis Str.:
i. The Draft Demerger Deed of Piraeus Bank S.A;
ii. The Transformation Balance Sheet dated 31 July 2020;
iii. The annual financial statements and the Directors’ Reports for the last three (3) financial years of Piraeus Bank S.A;
iv. The Financial Report for the period from January 1st to June 30th, 2020;
v. The Report of the Board of Directors of Piraeus Bank S.A. to the General Meeting of its shareholders, regarding the demerger by way of hive-down of the banking activity sector and its contribution into a new banking entity to be incorporated;
vi. The Auditor’s report regarding the verification of the book value of the Demerged Entity’s assets and liabilities as at 31.07.2020 and the review of the terms of the Draft Demerger Deed, carried out by the Certified Auditor Dimitrios Sourbis (Ref. No. SOEL 16891) of the auditing company PriceWaterhouseCoopers Auditing Company S.A.
The completion of the Demerger is subject to approval by the Bank’s General Meeting of Shareholders pursuant to applicable law, as well as to the receipt of all required approvals and authorisations by the competent authorities.
Piraeus Bank will update investors on the progress of the Demerger process, in accordance with the applicable legislative and regulatory framework.