![Trastor: The Securities and Exchange Commission approved the mandatory public offer of Piraeus Bank](https://www.ot.gr/wp-content/uploads/2022/02/piraeus-bank.jpg)
The mandatory public offer made by Piraeus Bank for the acquisition of all the shares of Trastor which it does not hold, was approved by the Hellenic Capital Market Commission on 18/5/2022.
At this date, the paid-up share capital of the Company amounts to € 75,363,785 and is divided into 150,727,570 common, registered voting shares, with a nominal value of € 0.50 each.
The Public Offer concerns the acquisition of all the Shares, which are not owned by Piraeus Bank, ie a maximum of 4,904,553 Shares, which correspond to approximately 3.25% of the total paid-up share capital and voting rights of the Company, including the 4,600 shares of which Piraeus Bank holds voting rights under pledge agreements.
It is noted that on the Date of the Public Offer and the Date of the Prospectus, Piraeus Bank held 145,823,017 shares of the Company and 145,827,617 voting rights, including 4,600 voting rights exercised under the terms of 75% of the total voting rights of the Company.
The exchange offered by the Bidder, in cash, for each legally and validly offered Share of the Public Offer, amounts to € 1.25 per Share.
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