Increase and Decrease in Nominal Share Value & Capital Return
The company ATHENS MEDICAL S.A. informs the investing public that the Annual Ordinary General Meeting of Shareholders on Friday, June 17, 2022, approved a) the increase in the company’s share capital by 6,071,518.60 euros by capitalizing part of the reserve from the account “Difference from the issuance of shares at par” and increasing the nominal value of each share by the amount of 0.07 euros, i.e. from 0.31 euros to 0.38 euros.
b) the equal simultaneous reduction of the company’s share capital by 6,071,518.60 euros, with a corresponding reduction of the nominal value of each share by the amount of 0.07 euros, i.e. from 0.38 euros to 0.31 euros and return of the share capital to its shareholders by payment of cash, i.e. an amount of 0.07 euros per share. After the above equal increase and reduction, the company’s share capital amounts to 26,888,153.80 euros.
On 7-7-2022, the General Commercial Registry (G.E.M.H.) was registered with the Registration Code Number 2906580, No. 2656040ΑΠ/07/07/2022 decision of the Ministry of Economy and Development, which approved the amendment of the relevant article of the Company’s Articles of Association, as a result of the reduction of the share capital.
The Corporate Actions Committee of the Athens Stock Exchange was informed on 15-07-2022 of the above change in the nominal value of the Company’s shares and the return of capital by cash payment to shareholders.
By virtue of the decision of the Board of Directors of the company dated 7-7-2022, it is stipulated that as of Thursday 18-8-2022, the company’s shares will be tradable on the Athens Stock Exchange with a final value of €0.31 per share and without the right to participate in the return of capital by cash payment to shareholders of €0.07 per share.
The shareholders who will be registered in the DSS files on Friday 19-8-2022 are entitled to receive the capital return.
As of the same date (18-8-2022), the starting price of the Company’s shares on the Athens Stock Exchange will be determined in accordance with the Athens Stock Exchange Regulation, in conjunction with decision no. 27 of the Board of Directors of the Athens Stock Exchange as in force.
The starting date for the payment of the capital return is Wednesday, 24-8-2022.
The return of the capital will be carried out by the paying bank Eurobank as follows:
- Through the Participants of the beneficiaries in the DSS (Banks and Securities companies), in accordance with the applicable ATHEXCSD Operating Regulations and its relevant decisions.
- Especially in cases of return of capital to heirs of deceased beneficiaries, whose securities are held in the special account of their share in the DSS, under the management of ATHEXCSD, the payment process of the amount of the capital return is carried out after the completion of the legitimation of the heirs through the Eurobank branch network for 5 years from the end of the current year (i.e. until 31.12.2027.
For further information, shareholders may contact the Shareholder Information Department, Sarantaporou 1 & Delphin 151 25, Maroussi,
email: metox@iatriko.gr Tel. 210 6862454
In addition, the contact details of the Paying Bank “Eurobank Bank S.A.” are the following: Domestic Markets Custody Operations Sub-Directorate, Corporate Actions Department, Iolkou 8 & Filiki Eterias, P.C. 142 34 Nea Ionia, contact numbers 210-35.22.085 and 210-35.22.284.
