Wargaming sells Hellenic stake to Eurobank

Wargaming has announced its decision to sell its remaining stake of 6.8% (28,023,767 shares) in Hellenic Bank to Eurobank. The deal is valued at €65.9 mln, equivalent to €2.35 per share. Eurobank Cyprus, the local subsidiary of Greece’s Eurobank Group, will have a controlling share of over 50% in Hellenic, the second largest lender. Provident funds of the directors and senior management of Wargaming have also agreed to sell their entire stake (0.4% or 1,686,245 shares) in Hellenic Bank shares to Eurobank for €4.0 mln (€2.35 per share) on the same terms. The sale agreements are subject to Eurobank obtaining