Alpha Credit Bank changes name to Alpha Bank.Business Editors NEW YORK--(BUSINESS WIRE)--June 1, 2000 J.P. Morgan, as depositary bank, announced Alpha Credit Bank A.E.'s name change to Alpha Bank Alpha Bank is the second largest bank in Greece with 450 branches throughout the country. It also has a subsidiary and branch in London, and branches and subsidiaries throughout the Balkans (see "International expansion" below). History
The stated value of an issued security that remains fixed, as opposed to its market value, which fluctuates. Notes: When referring to fixed-income securities, the nominal value is also the face value. of the issuer's Common Voting Shares Voting Shares Shares that give the stockholder the right to vote on matters of corporate policy making as well as who will compose the members of the board of directors. Notes: Different classes of shares, such as preferred stock, sometimes don't allow for voting rights. of nominal value Drs 1,500, into Common Voting Shares of nominal value Drs 1,564. Effective date: June 1, 2000 Old Symbol: ACDTY New Symbol: ALBKY Traded on: OTC Ratio: 4 ADSs: 1 Common Voting Share Old CUSIP: 020724 10 0 New CUSIP: 02071M 10 1 Share class: Common Voting Shares Old nominal value: 1,500 Drachmas (Drs) New nominal value: 1,564 Drachmas (Drs) Country of incorporation: Greece Industry: Banking Depositary: Morgan Guaranty Trust Company of New York Custodian: Alpha Bank, A.E., Athens As this name and nominal value change will not affect the number of shares outstanding, there will be no need for the "old" American depositary receipts American Depositary Receipt (ADR) Certificates issued by a US depository bank, representing foreign shares held by the bank, usually by a branch or correspondent in the country of issue. (ADRs) representing the Common Voting Shares of Alpha Credit Bank A.E., nominal value Drs 1,500, to be surrendered for "new" ADRs representing the Common Voting Shares of Alpha Bank, A.E., nominal value Drs 1,564. The world's largest ADR ADR - Astra Digital Radio depositary and a global financial services firm, J.P. Morgan serves clients through an integrated range of advisory, financing, trading, investment management, and research capabilities. Visit www.adr.com, J.P. Morgan's central resource for timely worldwide market intelligence and investor information. For further information on J.P. Morgan, visit www.jpmorgan.com. An ADS, or American depositary share American Depositary Share (ADS) Foreign stock issued in the US and registered in the ADR system. , is a U.S. dollar-denominated form of equity ownership in a non-U.S. company. It represents a specified number of foreign shares on deposit at a custodian bank Custodian bank Applies mainly to international equities. Bank or other financial institution that keeps custody of stock certificates and other assets of a mutual fund, individual, or corporate client. See: Depository Trust Company (DTC) in the issuer's home country and carries the corporate and economic rights of the underlying foreign shares. An ADR, or American depositary receipt, is a certificate evidencing ownership of a certain number of ADSs. The term ADR is sometimes used to refer to ADS. Neither this announcement nor the information contained herein constitutes an offer or solicitation by J.P. Morgan for the purchase or sale of any securities nor does it constitute a solicitation to any person in any jurisdiction where solicitation would be unlawful. An offering is made by means of a prospectus only. Information herein is believed to be reliable, but J.P. Morgan does not warrant its completeness or accuracy. J.P. Morgan is the marketing name for J.P. Morgan & Co. Incorporated and its subsidiaries worldwide, including Morgan Guaranty Trust Company of New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of . |
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