The Board of Directors of the Hellenic Capital Market Commission (“HCMC”) approved yesterday the intention to participate in a 20% stake in the share capital of the National Bank, which corresponds to 182,943,031 shares, with an upsize option of up to 18,294,303 shares. The offering price is set between 5.00 euros and 5.44 euros per share.
Specifically, National Bank of Greece S.A. (“NBG”) announces that, as of 13.11.2023, it makes available to investors in Greece the prospectus, as approved by the Board of Directors of the Hellenic Capital Market Commission (“HCMC”) at its meeting held on 13.11.2023, which was drafted in English and includes a Greek translation of the Summary thereof, in accordance with Regulation (EU) 2017/1129, the delegated Regulations (EU) 2019/979 and 2019/980, articles 57-68 of Greek Law 4706/2020, as in force, and Resolution 1/892/13.10.2020 of the HCMC (the “Prospectus”), in relation to the offering to the public in Greece by the Hellenic Financial Stability Fund (the “HFSF” or the “Selling Shareholder ” ) of up to 27,441,455 existing common registered dematerialized voting shares, listed on the Regulated Market of the Athens Stock Exchange (the “ATHEX”), with a nominal value of €1.00 each (the “Offer Shares”) in the share capital of NBG (the “Greek Public Offering”), by virtue of a resolution of the Board of Directors of the Selling Shareholder made on November 12th, 2023, which, among others, approved the disposal of the Offer Shares. There is no purchase guarantee for the Offer Shares.
The Greek Public Offering is not subject to an underwriting agreement and/or placing agreements on a firm commitment basis.
Additional information regarding NBG, the Offer Shares, the Selling Shareholder and the Greek Public Offering (including, for example, but not limited to, the process that investors need to follow in order to participate in the Greek Public Offering of the Offer Shares) and the terms and conditions of the Greek Public Offering and allocation of the Offer Shares is set out in the Prospectus, and more specifically under section 19 «TERMS AND CONDITIONS OF THE OFFERING».
