AXIA Ventures Group acted as Financial Advisor to Eurobank in relation to the acquisition of a 12.6% equity stake in Hellenic Bank

Eurobank S.A. (“Eurobank” or the “Bank”) announced on July 23rd the acquisition of a 9.9% holding (40,800,000 shares) in Hellenic Bank Public Company Limited (“Hellenic Bank”).

The Bank also announced entering into a Share Purchase Agreement (“SPA”) with Third Point Hellenic Recovery Fund L.P. for the acquisition of another 2.7%, subject to all customary regulatory approvals.

Yesterday, December 28th, following the receipt of the relevant regulatory approvals, the Bank completed the acquisition of the 2.7% equity stake (11,191,639 shares) resulting to a total holding of 12.6%.

Hellenic Bank is the second largest financial institution in Cyprus, active in personal, business and international banking. The investment is aligned with the overall strategy of Eurobank Group to further strengthen its presence in all key markets in which retains a strategic interest.

AXIA Ventures Group acted as Financial Advisor to Eurobank in relation to the transaction.

About AXIA Ventures Group Ltd
AXIA Ventures Group Ltd (“AXIA”) is a leading regional privately-owned investment banking group providing financial advisory and capital market-related services to corporates, governments and institutional clients. AXIA is headquartered in Nicosia, Cyprus, regulated by the Cyprus Securities and Exchange Commission (License No: 086/07) and fully licensed to provide financial advisory services in many financial markets around the world. AXIA also operates in the US under AXIA Capital Markets LLC (“ACM”), a wholly owned registered broker-dealer and member of FINRA. For more information on AXIA and its services, you can visit the AXIA website at www.axiavg.com