Attica Bank informs its investors that the BoD at its meeting of 27.05.2026
decided, within the Bank’s strategic plan and in accordance with the report of a
chartered auditor for the fair and reasonable transaction for the Bank’s
shareholders, to proceed with the disinvestment of the Bank’s
subsidiary “AtticaBank Properties S.A.” and the transfer of the
total (100%) of the Bank’s shares to a legal entity under private law under the
name “Public Works Engineers Fund”, which is related party to Attica Bank S.A.,
for a total price of €1.2 mln (€535 thn + net cash).
The above
transaction will be implemented after the approval of the shareholders' meeting
of the Bank and the expiration of the deadlines or the receipt of any licences
requested in accordance with Articles 99-101 of L.4548/2018. The profit from
this transaction, which will be reflected in the financial statements of the
Bank and of the Attica Bank Group during the H1 of 2020, amounts to
approximately €700 thn.
Attica Bank S.A.