Eurobank Ergasias – Purchase of own shares
Eurobank Ergasias Services and Holdings S.A.”(“Eurobank Holdings”), following its announcement of 07.05.2025 with respect to the commencement of the Share Buyback Programme (“Programme”), which was approved by the Annual General Meeting of Shareholders of Eurobank Holdings on April 30, 2025 and following the decision of its Board of Directors on April 30, 2025, informs the public that during the period 29/09/2025 – 03/10/2025, it repurchased, within the framework of the Programme, a total of 2,211,588 shares issued by Eurobank Holdings (“Own Shares”) and traded on the Athens Stock Exchange (“ATHEX”), with an average purchase price of €3.3624 per share and a total cost of €7,436,170.32.
In particular, the following purchases were made on the ATHEX through its member “Eurobank Equities Single Member Investment Firm S.A.”:
Date
Number of shares
Value (€)
Average Price (€)
Highest Price (€)
Lowest Price (€)
29.09.2025
485,470
1,605,581.47€
3.3073 €
3.3230 €
3.2870 €
30.09.2025
508,472
1,674,108.76€
3.2924 €
3.3170 €
3.2500 €
01.10.2025
449,000
1,502,497.75€
3.3463 €
3.3720 €
3.2810 €
02.10.2025
404,455
1,380,103.72€
3.4123 €
3.4200 €
3.3980 €
03.10.2025
364,191
1,273,878.62€
3.4978 €
3.5500 €
3.4100 €
Σύνολο
2,211,588
7,436,170.32€
Following the above purchases, Eurobank Holdings holds in total 49,390,039 Own Shares, representing 1.3433% of the paid-up – as of the date of the resolution of the Annual General Meeting that approved the Programme – share capital.
This announcement is issued in accordance with Regulation (EU) No. 596/2014 of the European Parliament and the Council of April 16, 2014, and the Commission Delegated Regulation (EU) 2016/1052 of March 8, 2016.
Approval of the Draft Merger Agreement between Eurobank Ergasias Services and Holdings S.A. and Eurobank S.A.
Eurobank Ergasias Services and Holdings S.A. (hereinafter referred to as the “Absorbed Company”) announces that the Boards of Directors of its 100% subsidiary, Eurobank S.A. (hereinafter referred to as the “Absorbing Company”, and together with the Absorbed Company, the “Merging Companies”), and of the Absorbed Company, during their respective meetings held on 30.04.2025, approved the draft merger agreement (hereinafter the “Draft Merger Agreement”) for the proposed merger by absorption of the Absorbed Company by the Absorbing Company (hereinafter the “Merger”), which will be carried out through the combined application of the provisions of articles 6 to 21, 30 to 34 and 140 of Law 4601/2019, of article 16 of Law 2515/1997 and of the applicable provisions of Law 4548/2018.
The assets and liabilities of the Absorbed Company, as shown in the Absorbed Company’s transformation balance sheet dated 31.12.2024 and as they shall have evolved until the completion of the Merger, will be transferred as items of the Absorbing Company’s balance sheet upon completion of the Merger. All transactions carried out from the transformation date (31.12.2024) onwards shall be deemed, for tax purposes, to have been carried out on behalf of the Absorbing Company. For accounting purposes, the above transactions shall be deemed to have been carried out on behalf of the Absorbing Company immediately following completion of the Merger.
Upon completion of the Merger (on the date of registration of the relevant approval decision by the competent authority with the General Commercial Registry – G.E.MI.), ipso iure the Absorbed Company will cease to exist and the Absorbing Company will substitude as universal successor the Absorbed Company in all its rights, obligations and, in general, legal relationships.
The Absorbing Company will retain its license as a credit institution following the completion of the Merger.
As a result of the Merger, the shareholders of the Absorbed Company will exchange their shares for shares of the Absorbing Company, at a proposed exchange ratio of one (1) new share of the Absorbing Company for one (1) share of the Absorbed Company they hold. The shares of the Absorbing Company will be listed for trading on the Athens Stock Exchange.
The completion of the Merger is subject to the required approvals by the General Meetings of the Merging Companies and the receipt of all necessary regulatory licenses and approvals.
The Absorbed Company will keep the investment community informed of the progress of the Merger process in accordance with applicable legislation.
Eurobank: Initiation of the process for the merger between Eurobank Ergasias Services and Holdings S.A. and Eurobank S.A.
Eurobank Ergasias Services and Holdings S.A. (“Eurobank Holdings”) announces that its Board of Directors decided on December 18th, 2024 the initiation of the merger process of Eurobank Holdings with its 100% subsidiary Eurobank S.A. (“Bank”) through absorption of Eurobank Holdings by the Bank.The merger will be implemented with a combined application of L.4601/2019 and article 16 of L.2515/1997.December 31st, 2024, was defined as the merger transformation balance sheet date, after which all actions that will take place and will concern Eurobank Holdings shall be treated as occurring on behalf of the Bank.The following effects occur upon the completion of the merger (as of the day the approving decision of the competent Authority is registered in the General Commercial Registry), the following effects occur:a) Eurobank Holdings ceases to exist and its shareholders become shareholders of the Bank with the same stakes and the same number of shares, receiving the entirety of Bank’s newly issued shares andb) the Bank, that will retain its banking license, substitutes Eurobank Holdings as universal successor in the totality of its assets and liabilities transferred to the Bank, as they appear in the transformation balance sheet of Eurobank Holdings and as it is formulated until the completion of the merger.Before the completion of the merger, the shares of the Bank will be listed in the ATHEX and upon completion of the merger they will be distributed to Eurobank Holdings shareholders in exchange of the Eurobank Holdings shares they possess at a ratio of one newly issued share of the Bank for one existing share of Eurobank Holdings.The completion of the merger is subject to all necessary by Law approvals, including the approval of the shareholders’ General Meeting of both merging companies as well as the receipt of all the necessary approvals of the competent Authorities.Investors will be kept updated by Eurobank Holdings on the progress of the merger process.