Piraeus Bank stake in MIG increases to 55,61%
Piraeus Bank stake in MIG increases to 55,61%

Piraeus Bank stake in MIG increases to 55,61%

The acquired shares correspond to 0.3562% of the Company’s voting rights.
RE+D magazine
08.03.2023

According to the provisions of article 24 paragraph 2(a) of the Law 3461/2006, and further to the 09.02.2023 publication of the mandatory tender offer of Piraeus Bank S.A. to Marfin Investment Group Holdings S.A. (the “Company”)

shareholders for the acquisition of the total number of common registered voting shares they hold, Piraeus Financial Holdings S.A., parent entity of Piraeus Bank, notified that the latter acquired on 07 March 2023 through the Athens Stock Exchange, 3,346,722 shares of the Company, at the price of €0.2170 per share, which equals the mandatory tender offer price. 

The acquired shares correspond to 0.3562% of the Company’s voting rights.

Following the acquisition, Piraeus Bank holds 522,462,426 ownership rights, corresponding to 55.6101% of the total voting rights of the Company.