Procedure for the submission of the TR-1 Notification Form
Persons (natural persons or legal entities) required to submit the TR-1 Notification Form to the Piraeus Financial Holdings S.A. (hereinafter «the Company») and the Hellenic Capital Market Commission, pursuant to the provisions of Law 3556/2007, as in force, are as follows:
1. shareholders of the Company
a) in the event that they acquire or dispose of, either directly or via a third party, Company shares with voting rights and, as a result of such acquisition or disposal, their percentage of voting rights reaches, exceeds or falls below the thresholds of 5%, 10%, 15%, 20%, 25%, 1/3, 50% and 2/3.Anyone who becomes a shareholder for the first time is also subject to this obligation as long as the acquisition reaches or exceeds the above mentioned thresholds. This obligation exists in respect of i) the total of shares with voting rights ii) all the shares which are in the same class and to which voting rights are attached.
b) in the event that their percentage of voting rights in the Company reaches, exceeds or falls below the thresholds of 5%, 10%, 15%, 20%, 25%, 1/3, 50% and 2/3, as a result of events which alter the breakdown of voting rights in the Company, irrespective of any acquisition or disposal of Company shares.
c) on condition that they hold a percentage of voting rights in excess of 10%, whenever there is a change thereto equal to or higher than 3% of the total voting rights in the Company, as a result of acquisitions or disposals of Company shares with voting rights or due to events which alter the breakdown of voting rights in the Company.
2. any natural person or legal entity that is entitled to acquire or dispose of or exercise voting rights in the Company, either directly or via a third party pursuant to the provisions of Law 3556/2007 article No 10 (e.g. pledge on voting rights, proxy with discretion on exercise of voting rights etc.), to the extend the percentage of voting rights it is entitled to acquire, dispose of or exercise reaches, exceeds or falls below the thresholds of 5%, 10%, 15%, 20%, 25%, 1/3, 50% and 2/3 or changes by 3% or more.
3. any natural person or legal entity that holds, either directly or via a third party, financial instruments:
a) that on maturity give to the holder, under a formal agreement, either the unconditional right to acquire or the discretion as to his right to acquire Company shares with voting rights, already issued.
(b) which are not included in the above mentioned point a) but refer to shares described in a) and with economic effect similar to that of the financial instruments referred to in that point, whether they confer the right to a physical settlement, when the percentage of voting rights reaches, exceeds or falls below the thresholds 5%, 10%, 15%, 20%, 25%, 1/3, 50% and 2/3, or changes by 3% or more.
4. any natural person or legal entity when the Company the number of voting rights it holds, either directly or indirectly, according to the above mentioned points 1 and 2, aggregated with the voting rights relating to financial instruments held directly or indirectly according to point 3, reaches, exceeds or falls below the above mentioned thresholds.
The person which has already notify about voting rights related to financial instruments according to point 3 shall notify again when it has acquired the underlying shares and, such acquisition results in the total number of voting rights attaches to shares already issued from the Company, reaching or exceeding the thresholds laid down in point 1.
Notification is granted by submitting the TR-1 Notification Form, dully signed, to Piraeus Financial Holdings S.A. and the Hellenic Capital Market Commission as soon as possible and in any case not later than three (3) business days from the date when the person subject to notification obligation:
a) becomes aware of the acquisition or disposal of voting rights/financial instruments, or
b) in light of current situations, ought to have been aware of the acquisition or disposal of voting rights/financial instruments, irrespective of the date, when such acquisition or disposal of voting rights/financial instruments occurred, or
c) becomes aware of the occurrence of a corporate event which alters the breakdown of voting rights in the Company. The notification should be made with regard to the financial instrument in which the change has occurred, while at the same time, all financial instruments possessed by this natural person or legal entity should be noted in spite of the fact that no change has occurred yet.
The notification is submitted to:
◾ Piraeus Financial Holdings S.A. (9 Mitropoleos street, 105 57 Athens) on business days and hours, and is addressed to the Shareholders’ Registry Officer Mr Ioannis Sgagias (tel. +30210-3335039, fax +30210-3335009, e-mail: SharesDept@piraeusholdings.gr), with the indication "Notification of Major Holdings", and
◾ the Protocol Dept. of the Hellenic Capital Market Commission, addressed to the Directorate of Listed Companies (Department of Continuous Information) with the indication "Notification of Major Holdings", or sent either by fax to +30210-3377243 either by mail to tr1@cmc.gov.gr. In each case, the form should be accompanied by a cover sheet, containing the sender's details, signature, telephone number and total number of pages. The notification shall be accompanied by an annex filled out by the person subject to the notification obligation and submitted only to the Hellenic Capital Market Commission.
The TR-1 Notification Form is posted on the website of the Hellenic Capital Market Commission, which is the competent authority for the supervision of notification obligations. It is reminded that the correct completion of the form constitutes an obligation of the person subject to the notification obligation and such person is solely responsible for any possible fault or omission.
