December 5, 2006 Alpha Bank A.E. has today completed the placement of 21,250,000 million treasury shares, representing 5.21% of its issued share capital. The shares were priced at Euro 22.75, a 3% discount to the volume weighted average share price of December 4th, 2006.
The placement was lead managed by J.P.Morgan Securities Ltd., Merrill Lynch International and UBS Investment Bank with Alpha Finance acting as the placement agent in Greece. The placing, which was done by way of an accelerated bookbuild, attracted strong demand from international and domestic qualified and other institutional investors.
JPMorgan, Merrill Lynch International and UBS Investment Bank are acting for the Company and no one else in connection with the placement. They will not regard any other person (whether or not a recipient of this communication) as their respective clients in relation to the placement and will not be responsible to anyone other than the Company for providing the protections afforded to their respective clients nor for giving advice in relation to the placement or the contents of this communication or any transaction or arrangement referred to in this communication.
THIS ANNOUNCEMENT IS NOT AN OFFER OF SECURITIES FOR SALE IN THE UNITED STATES. SECURITIES MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES ABSENT REGISTRATION OR AN EXEMPTION FROM REGISTRATION.
THIS ANNOUNCEMENT IS BEING DISTRIBUTED IN THE UNITED KINGDOM ONLY TO, AND IS DIRECTED AT (A) PERSONS WHO HAVE PROFESSIONAL EXPERIENCE IN MATTERS RELATING TO INVESTMENTS WHO FALL WITHIN ARTICLE 19(1) OF THE FINANCIAL SERVICES AND MARKETS ACT 2000 (FINANCIAL PROMOTION) ORDER 2005 (THE "ORDER") OR (B) HIGH NET WORTH ENTITIES, AND OTHER PERSONS TO WHOM IT MAY OTHERWISE LAWFULLY BE COMMUNICATED, FALLING WITHIN ARTICLE 49(1) OF THE ORDER (ALL SUCH PERSONS TOGETHER BEING REFERRED TO AS "RELEVANT PERSONS"). THE SECURITIES TO WHICH THIS ANNOUNCEMENT RELATES ARE AVAILABLE ONLY TO, AND ANY INVITATION, OFFER OR AGREEMENT TO SUBSCRIBE, PURCHASE OR OTHERWISE ACQUIRE SUCH SECURITIES WILL BE AVAILABLE ONLY TO OR WILL BE ENGAGED IN ONLY WITH, RELEVANT PERSONS. ANY PERSON WHO IS NOT A RELEVANT PERSON SHOULD NOT ACT OR RELY ON THIS ANNOUNCEMENT OR ANY OF ITS CONTENTS. PERSONS DISTRIBUTING THIS ANNOUNCEMENT MUST SATISFY THEMSELVES THAT IT IS LAWFUL TO DO SO.
ANY OFFER OF SECURITIES TO THE PUBLIC THAT MAY BE DEEMED TO BE MADE PURSUANT TO THIS COMMUNICATION IN ANY EEA MEMBER STATE THAT HAS IMPLEMENTED EU DIRECTIVE 2003/71/EC (TOGETHER WITH ANY APPLICABLE IMPLEMENTING MEASURES IN ANY MEMBER STATE, THE "PROSPECTUS DIRECTIVE") IS ADDRESSED SOLELY TO QUALIFIED INVESTORS (WITHIN THE MEANING OF THE PROSPECTUS DIRECTIVE) IN THAT MEMBER STATE.
