Sale of shares that were formed from the aggregation of fractional balances
Piraeus Financial Holdings S.A. (“Company”) informs that, following a relevant decision of its Board of Directors, it shall proceed as of 19.12.2022 to the sale of the 7,477 ordinary shares of the company under the corporate name SUNRISEMEZZ Plc (“SUNRISEMEZZ”), that derived from the aggregation of fractional balances following the distribution of the SUNRISEMEZZ shares held by the Company to its shareholders, in the context of the Company’s share capital decrease, as resolved, at the Annual General Meeting of the Company’s Shareholders held on 22.07.2022.
PIRAEUS SECURITIES S.A. has been appointed as the member of the Athens Exchange (“ATHEX”) for the execution of the sale of the shares.
On the scheduled date for the initiation of the sale of the shares that derived from the abovementioned aggregation of fractional balances, namely on 19.12.2022, the starting price of the sale of these shares will not deviate more than 5% of the closing price of the immediately preceding date of the Alternative Market (EN.A. PLUS) of the ATHEX trading session.
The net proceeds from the sale will be distributed to the beneficiaries under the Company’s care.
The Company will provide an update on the outcome of the sale and the procedure for the distribution of the proceeds from the sale to the beneficiaries with a new announcement.
For further information, shareholders may contact the Company’s Shareholders' Registry at 9, Mitropoleos Street, GR 105 57 Athens (tel. 210 3288737, 210 3739301 and 210 3335039), during working days and hours.
Athens, 16 December 2022