Ellington’s stake in Attica Bank could reach up to 10.76%, following a € 240 million capital increase in progress.
As agreed, the fund, which operates jointly with the Engineers and Public Works Contractors Fund T.M.E.D.E., will exercise part of the pre-emptive rights of the Financial Stability Fund (FSF) and will acquire all the unallocated shares that will arise from the private shareholders of the bank.
On the other hand, TMEDE and social security fund EFKA will fully exercise their rights.
So if the private shareholders do not acquire any of the new shares that will be issued, the percentages of the shareholders of Attica Bank will be formed after the capital increase to the following levels:
e-EFKA 10.26%
TMEDE 14.70%
HFSF 64.15%
Ellington 10.76%
Other Shareholders (<5%) 0.13%
The above percentages are taken from the supplementary prospectus of Attica approved by the Hellenic Capital Market Commission.
στο Google News και μάθετε πρώτοι όλες τις ειδήσειςLatest News
Servicers: How More Properties Could Enter the Greek Market
Buying or renting a home is out of reach for many in Greece. Servicers propose faster processes and incentives to boost property supply and ease the housing crisis.
Greek Easter 2025: Price Hikes on Lamb, Eggs & Sweets
According to the Greek Consumers’ Institute, hosting an Easter dinner for eight now costs approximately €361.95 — an increase of €11 compared to 2024.
FM Gerapetritis Calls for Unified EU Response to Global Crises at EU Council
"Europe is navigating through unprecedented crises — wars, humanitarian disasters, climate emergencies," he stated.
Holy Week Store Hours in Greece
Retail stores across Greece are now operating on extended holiday hours for Holy Week, following their Sunday opening on April 13. The move aims to accommodate consumers ahead of Easter, but merchants remain cautious amid sluggish market activity.
Green Getaway Ideas for Easter 2025 in Greece
Celebrate Easter 2025 in Greece the sustainable way with eco-farms, car-free islands, and family-friendly getaways rooted in nature and tradition.
Civil Protection Minister Details Summer Firefighting Plans at Delphi Forum
At the 10th Delphi Economic Forum, Minister of Climate Crisis and Civil Protection Yiannis Kefalogiannis discussed Greece's plans for the upcoming fire season.
How Shops and Markets Will Operate During Easter Holy Week
The Easter holiday schedule has been in effect since April 10, with retail stores open Palm Sunday, and most supermarkets also operating to meet consumer demand for Easter shopping
Why Is the French Aircraft Carrier Charles De Gaulle in Piraeus?
Docking in Piraeus after a four-month deployment in the Indo-Pacific region, the admiral of the aircraft carrier the Charles de Gaulle says, "Greece is our best partner in the Mediterranean."
Riots and Vandalism in Downtown Athens Exarcheia Region
Night of unrest in downtown Athens' region of Exarcheia – 11 Cars Burned, 72 Detentions
Truth Team: Is the PM and his team telling the truth, the whole truth and nothing but the truth?
The Greek government spokesman noted that "a private individual received payment from other private individuals, and for some people this is a horrifying revelation."
