Announcements

12 February 2013

FUND MERGING

( under article 17 of the law 3283/2004 )

ABSORPTION OF THE MUTUAL FUNDS

EUROPEAN RELIANCE AMERICAN OPPORTUNITIES FOREIGN EQUITY FUND

and

EUROPEAN RELIANCE EMERGING MARKETS OPPORTUNITIES FOREIGN EQUITY FUND

FROM THE MUTUAL FUND

EUROPEAN RELIANCE GLOBAL OPPORTUNITIES FOREIGN EQUITY FUND

 

The company called EUROPEAN RELIANCE ASSET MANAGEMENT AEDAK with the consent of the EUROBANK - ERGASIAS SA, as custodian bank of the Funds, has approved the merger by absorption of the Funds “EUROPEAN RELIANCE AMERICAN OPPORTUNITIES FOREIGN EQUITY FUND" and "EUROPEAN RELIANCE EMERGING MARKETS OPPORTUNITIES FOREIGN EQUITY FUND" from the "EUROPEAN RELIANCE GLOBAL OPPORTUNITIES FOREIGN EQUITY FUND".

Merger date is set for February 14, 2013.

The exchange ratio of the shares of the merging Funds will be determined based on the net value of the share of each merging fund, which will result from the valuation of the property during the 14 February 2013.
The holder of the shares of the Absorbed Mutual Funds will receive a number of shares of the acquiring Fund, equal to the product of the number of shares to be held at the date of the merger multiplied by the quotient of the division:

Net Share Price of the Acquiring Fund in 14/02/2013
Net Share Price  of the Absorbed Funds in 14/02/2013

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274 Kifisias Aven., 152 32, Chalandri
Tel.: +30210 6124914
Fax.: +30210 6800985
Email.: info@europistiaedak.gr

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