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, the purchases of Eurobank’s shares by subsidiary companies of Fairfax, as follows:
(i) on 29.5.2017 the following subsidiaries of Fairfax purchased the below shares of Eurobank:
| Legal Name |
Number of Eurobank’s shares |
Average acquisition price |
| First Capital Insurance Limited |
1,000,000 |
€0.8520 |
| TIG Insurance Company | 1,000,000 | €0.8520 |
| TIG Insurance (Barbados) Limited | 282,000 | €0.8520 |
(ii) on 30.5.2017 the following subsidiaries of Fairfax purchased the below shares of Eurobank:
| Legal Name |
Number of Eurobank’s shares |
Average acquisition price |
| TIG Insurance (Barbados) Limited | 1,718,000 | €0.857207 |
| Zenith Insurance Company | 1,657,000 | €0.857207 |
(iii) on 31.5.2017 the following subsidiaries of Fairfax purchased the below shares of Eurobank:
| Legal Name |
Number of Eurobank’s shares |
Average acquisition price |
| Zenith Insurance Company | 343,000 | €0.884910 |
| United State Fire Insurance Company | 1,500,000 | €0.884910 |
| Advent Capital (Holdings) Ltd. | 1,000,000 | €0.884910 |
| Falcon Insurance Company (Hong Kong) Limited | 2,000,000 | €0.884910 |
| Odyssey Reinsurance Company | 1,000,000 | €0.884910 |
| Brit Insurance (Gibraltar) PCC Limited | 1,500,000 | €0.884910 |