An extraordinary general assembly of Alpha Services and Holdings, the parent company of Greek lender Alpha Bank, on Tuesday approved of a share capital increase of 800 million euros, with the sole item on the agenda approved with 84.9 percent of positive votes – in a quorum of 57.3 percent.
The general assembly was held remotely and via video conference.
Shareholders also approved the issuance of new common, registered, voting, dematerialized shares, each of nominal value of €0.30.
In a subsequent statement, Alpha Bank chairman of the board Vassilis Rapanos noted that “in the emerging new environment of positive prospects, we want our bank to play a leading role in the financing of the Greek economy in anticipation of a strong, investment-led, recovery”.
Group CEO Vassilios Psaltis emphasized that “the bank is raising growth capital to support our customers in taking full advantage of the opportunities that lie ahead, which will allow for a strong value creation for our shareholders”.
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