Alpha Bank takes full ownership of Alpha Trust Holdings

Athens, Greece. Alpha Bank’s voting rights in Alpha Trust Holdings reached 100 per cent on August 24, 2026, after it acquired the remaining 69,324 shares through a squeeze-out process.

Voting rights disclosure

Alpha Trust Holdings disclosed the change in voting rights on Wednesday after receiving notification from Alpha Bank, in accordance with legislation governing transparency requirements for major holdings.

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The acquisition increased Alpha Bank’s holding to 100 per cent of Alpha Trust Holdings’ total share capital and voting rights.

Squeeze-out transaction

The remaining 69,324 ordinary shares carrying voting rights were acquired at €20.20 per share, for a total transaction value of approximately €1.40 million.

The price matched the cash consideration offered by Alpha Bank under its earlier tender offer for Alpha Trust Holdings.

Legal framework

The transaction followed the completion of Alpha Bank’s squeeze-out right over all remaining Alpha Trust Holdings shares under Article 27 of Greek Law 3461/2006.

The law allows an offeror that reaches the required ownership threshold after a takeover offer to acquire shares held by minority shareholders.

Following the acquisition, Alpha Bank and parties acting in concert with it hold all shares and voting rights in Alpha Trust Holdings.