Reggeborgh sells its stake in Alpha Bank

The announcement follows:

Reggeborgh Invest B.V. (“Reggeborgh”) announces that it has sold its stake in Alpha Services & Holdings S.A. (“Alpha Bank”) to three major investment banks.

Reggeborgh’s participation in Alpha Bank began in 2021, when Reggeborgh supported Alpha Bank’s €0.8 billion capital increase. The participation was subsequently increased to approximately 9.75%, demonstrating our strong belief in the Greek economy, the Greek banking sector and Alpha Bank in particular.

The transactions between Reggeborgh and the three main investment banks are expected to close on 30 May 2025. Reggeborgh does not require any regulatory approval for the transactions in question.

Reggeborgh will formally inform the Hellenic Capital Market Commission upon the settlement of the transactions of its decision to sell its participation.

Separately, Reggeborgh informed the Governor of the Bank of Greece of its decision to sell its participation in Alpha Bank.

Henry Holterman, CEO of Reggeborgh, said: “We are pleased with this transaction, as it will help to further strengthen Alpha Bank, which will also be a positive development for the Greek economy. I would like to thank the Board of Directors of Alpha Bank for their strong leadership during our tenure as the bank’s major shareholder, as well as the Bank of Greece. Reggeborgh will continue to invest in Greece.”