Notification for the continuation of the interest payment cancellation for CCS 1 and CCS 2
09 April 2021
Hellenic Bank Public Company Ltd (the “Bank”) announces that, as per the
audited financial results for the year ended 31 December 2020 published on 9
April 2021, the Bank has available distributable amounts (items) as at 31
December 2020 and therefore the mandatory cancellation of the interest
payment for the Convertible Capital Securities 1 (“CCS 1”) and the Convertible
Capital Securities 2 (“CCS 2”) is no longer applicable.
In accordance with the terms and conditions of the Prospectus dated 30
September 2013 for the relevant securities (Paragraph 8 of Part IV/B/III for CCS
1 and Paragraph 9 of Part IV/C/III for CCS 2), the Bank, at its sole discretion,
has decided to continue the interest payment cancellation until the Bank notifies
the holders of CCS 1 and CCS 2 otherwise.
HELLENIC BANK PUBLIC COMPANY LIMITED