EUROBANK ERGASIAS SERVICES AND HOLDINGS S.A.

Announcement - Acquisition of Eurobank’s shares by subsidiaries of Fairfax Financial Holdings Limited («Fairfax»)

Tuesday, December 5th, 2017

 

Announcement

 

Acquisition of Eurobank's shares

by subsidiaries of Fairfax Financial Holdings Limited («Fairfax») 

 

Eurobank Ergasias S.A. (hereafter “Eurobank”) announces, pursuant to article 17 (Public disclosure of inside information) of Regulation (EU) 596/2017 on market abuse, and following notification received from Mr. Bradley Paul L. Martin (independent non-executive director in Eurobank's Board of Directors and senior executive of Fairfax) and from Fairfax Group, that the following subsidiaries of Fairfax purchased on 01.12.2017 the below shares of Eurobank with an average acquisition price per share of €0.7187:

 

Legal Name

Number of Eurobank's shares

Zenith Insurance

2,335,000

Odyssey Reinsurance Company

5,837,500

TIG Insurance Company

1,167,500

United States Fire Insurance Company

2,335,000