Eurobank: The public offerings will start on April 25 and end on April 29

Eurobank announced today, Holy Friday, the procedure and timetable of its imminent share capital increase, as regards both parts that will be covered by investors in Greece and by foreign investors.
The domestic and international public offerings will last for three working days, starting on Friday the 25th of April and ending on Tuesday the 29th of April, 2014.

The issue price per new share will be restricted within a binding price range to be determined by the bank's board of directors, which will be announced by Thursday the 24th of April, at the latest. In any case, the issue price cannot fall beneath the current shares' nominal value of 0.30 euros each, while it will be common to investors participating in the domestic and international public offerings.

As has been decided, there will be separate book building processes for each of the two public offerings. The issue price will be determined based on the demand for the new stocks of Eurobank.

It was an EGM of Eurobank's shareholders on the 12th of April, 2014, which approved its share capital increase by 2.86 billion euros. In the meantime, as was announced by the bank on the 15th of April, it came to agreement with a group of international institutional investors who collectively committed to purchasing 1.33 billion euros' worth of Eurobank's new shares.