Friday, February 22, 2013

GENERAL BANK OF GREECE SA (GENIKI Bank) announces that its Board of Directors, following the Resolution of the Extraordinary General Meeting of Shareholders, held on the 14th of January 2013, regarding the issuance of a Convertible Bond Loan, issued today the said Bond Loan of EUR 350,3 million, which was entirely covered by Piraeus Bank SA, while Piraeus Bank simultaneously exercised the right to convert the bonds into common shares of GENIKI Bank, of a nominal value of one (1) EUR and at a conversion price of 6,86 EUR per share.

With the issuance of these shares and following the completion of the relevant procedure, the share capital of GENIKI Bank will amount to EUR 68.322.221 EUR divided into 68.322.221 common shares, of a nominal value of one (1)EUR and the total stake of "PIRAEUS BANK SA" in GENIKI Bank share capital will amount approximately to 99,77%.


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