Alpha Services and Holdings S.A successfully completes share capital increase of €800 million

Koutalidis Law Firm advised Alpha Services and Holdings S.A., the listed on ΑΤΗΕΧ parent entity of Alpha Bank SA, on its successful share capital increase of €800 million through a combined offering of shares by means of a private placement to institutional investors outside Greece and a public offering to retail and qualified investors in Greece (Project Tomorrow).

Project Tomorrow was completed on 8 July 2021 and the new shares were admitted to trading on the Main Market of ATHEX on 13 July 2021.

Being the first growth-share capital increase in the Greek banking sector after almost 12 years, Project Tomorrow represents a landmark transaction that strengthens the capital ratios of #Alpha Bank and allows the Bank to grow dynamically taking advantage of the attractive opportunities in the Greek market.

The project was led by our partners Nikos Koritsas, Katia Protopapa, Effie Pappoutsi, George Naskaris with Senior Associates Georgia Koutsoukou, Chrysanthsi Karlou, Dimitris Kalyvas, and with associates Fani Chlampoutaki and Giota Thivaiou.