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ALPHA Alpha Bank SA News Story

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Brief: UniCredit Increases Stake In Alpha Bank To 29.5%

Oct 30 (Reuters) - UniCredit SpA CRDI.MI:

INCREASES STAKE IN ALPHA BANK TO 29.5%

ECB AUTHORIZES UNICREDIT TO BUY UP TO 29.9% STAKE

CAPITAL IMPACT OF FULL CONVERSION AROUND -80 BASIS POINTS CET1

AFTER RECEIVING REMAINING REGULATORY APPROVALS, 9.8% OF STAKE TO BE EQUITY CONSOLIDATED BRINGING AN EQUIVALENT AMOUNT OF ALPHA BANK NET PROFIT TO BOTH UNICREDIT REVENUE AND NET PROFIT LINES

Further company coverage: CRDI.MI

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))

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