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Attica Bank S.A. informs its investor that concerning the "Omega" securitization and following the corporate announcements of 27/04/2021 and 14/05/2021, the sale of 69% of the shares of Thea Artemis Financial Solutions (TAFS), of which 49% owned by DDM AG and 20% of Attica Bank to Ellington Solutions S.A. was finalized today which had chosen as the preferred investor in the context of a relevant bidding process.

From the abovementioned transaction, the profit is estimated to amount to EUR 1 million for Attica Bank.

The impact of this transaction on the Bank's financial position and financial results will be reflected in the financial statements as at 30 September 2021.

With the conclusion of this beneficial transaction, Attica Bank enters into the implementation phase in the context of its business plan and the shielding  of its balance sheet and, at the same time, accelerates the implementation of its Transformation Plan, placing strong fundamentals for profitable growth.

Attica Bank will inform its investors for the progress and the next steps concerning the completion of the transaction “Omega”.

 

Attica Bank SA

Attica Bank informs investors that the Announcement of the Η1 2021 Financial Results, which according to the financial calendar was scheduled to take place on September 2nd 2021, are going to take place on August 25th 2021. Furthermore, on the same day, an analysts’ briefing will take place and the disclosure of the corporate presentation of H1 2021 financial results.  

 

ATTICA BANK S.A.

Attica Bank informs its investors, following the corporate announcement of 12th August 2021, that today at 16.08.2021 the issuance of 992,512,679 free (without remuneration) warrants in favor of the Greek State in accounting form, by crediting them to the Securities’ Account preserved by the Greek State in the General Depository System has been finalized.

Attica Bank will inform the adequate shareholders and its investors for any further steps in the abovementioned process related to these securities.

 

ATTICA BANK S.A.

Attica Bank informs its investors, that the Board of Directors of August, 12th 2021 has decided unanimously, following the implementation of the activation of the provisions of article 27Α of Law 4172/2013 (“DTC”) and the relevant articles of the Cabinet Act No. 28/06.07.221, the subsequent decisions:

  • The BoD has ascertained the formation of -according to the provisions of law- a special reserve, amounting to €151,854,439.86 and the collection of the aforementioned amount by the Greek State.
  • The BoD has decided the issuance, at 16.08.2021, of 992,512,679 free (without remuneration) warrants in favor of the Greek State in accounting form, so as to be delivered by ownership to the Greek State by crediting them to the Securities’ Account preserved by the Greek State in the General Depository System.It is noted that following to the relevant provisions, the warrants will be offered through the right of redemption to the shareholders of the Bank, then will be admitted for trading on a regulated market for a short period and then will be automatically converted into common registered shares of the Bank with a proportion one warrant per one share.
  • The BoD has decided that, the existing shareholders have the right to redeem these warrants in proportion to their participation in the share capital on the date of the General Meeting of 07.07.2021 with a market value of €0.1530. The existing shareholders may exercise the redemption right and pay the relevant amount during the period from 31.08.2021 to 15.09.2021 while providing pre-emption rights for the acquisition within the abovementioned deadline of unallocated warrants at a redemption price to existing shareholders and third parties.

 

Attica Bank will inform its investors following a new corporate announcement with specific details concerning the progress of the aforementioned process.

 

ATTICA BANK S.A.

 

 

This translation is unofficial and is intended solely, on a non-reliability basis and as a convenience, to the non-Greek-reading public. For any questions related to the accuracy of the information contained in the translation, please refer to the Greek version of the document which is the official and prevailing version. Attica Bank S.A. shall not be responsible, in any manner, for direct, indirect, special or consequential losses or any other kind of damages howsoever arising out of the use of this translation.

Attica Bank informs its investors, that the Ordinary General Meeting of July, 7th 2021 has approved unanimously the implementation of the activation of the provisions of article 27Α of Law 4172/2013 (“DTC”), and according to them, the building up of a special reserve (equal to 100% of the tax asset) intended exclusively for the increase in share capital, the free (without remuneration) issuance of warrants in favor of the Greek State (that are equivalent to common shares of a total market value equal to one hundred per cent (100%) of the definitive and of a fixed amount tax asset).

Following the aforementioned resolutions of the Ordinary General Meeting of 07.07.2021, as well as in accordance with article 4 of the Cabinet Act No. 28 / 06.07.2021, Attica Bank on 06.08.2021 announces that it has proceeded to the collection of the amount corresponding to the 100% of the final and cleared tax claim against the State, i.e. € 151,854,439.86 euros.

Attica Bank informs its investors that it proceeds with the implementation of the activation of the provisions of article 27A of Law 4172/2013 ("DTC") as well as with the implementation of the relevant articles of the Cabinet Act No. 28 / 06.07.2021 and will inform its investors with a new corporate announcement for the progress of the aforementioned process.

 

ATTICA BANK S.A.

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