CrediaBank S.A.

ATTICA BANK S.A. - ΕΧ RIGHTS ISSUE - PRICE FLUCTUATION LIMITS OF 27 - 03 - 2023

As of March 27, 2023, the shares of the company "ATTICA BANK S.A." (GRS001003045) are traded on the ATHEX ex-rights in terms of 3.51640385951927 new (CR) shares for every 1 old (CR) share held - with issue of 35,062,731 new CR shares - at an issue price of €13.50 per share. The rights' trading period is set from March 30, 2023, to April 19, 2023 (included). The rights' subscription period is set from March 30, 2023, to April 24, 2023 (included).

It is clarified, according to article 2.6.3. of the ATHEX Rulebook and to decisions No 22 & 26 of the ATHEX BoD, as in effect, that the fluctuation price limits of the share price only for the trading session on  March 27, 2023, are set as follows: +10% at the theoretical adjusted start share price: €13.3400 and -10% the closing share price of the ATHEX last trading session (24/03/2023): €12.7400.

For convenience, below is given the type of calculation of the adjusted price of the share, which results from Decision 26 of the ATHEX Board of Directors, for each Share Capital Increase with cash payment in favour of the old shareholders of the company:

                                

The following can be deduced from the above:

 

Theoretical Adjusted share price: €13.3400

Closing share price of the ATHEX last trading session (24/03/2023): €12.7400

Maximum Trading limit +10%: €14.6600

Minimum Trading limit  -10% : €11.4800

 

According to the above, and taking into consideration that in the system ΟΑΣΗΣ (the Advanced Electronic & Automated System for Securities Trading of ATHEX) the start share price - in this case - is the closing share price, the maximum and minimum trading limits are formed as follows:

 

Start share price:             €12.7400

Ceiling  +15.08%:             €14.6600

Floor           -10%:              €11.4800