Heraklion, 27 July 2021
Announcement of reduction of share capital with reduction of the nominal value of the share and return of capital with payment of cash to the shareholders
Plastika Kritis S.A. announces that the Ordinary General Meeting of shareholders of 30.06.2021 decided to reduce the share capital of the company by the amount of 12.320.640 Euros.
The reduction of the share capital will take place with a corresponding reduction of the nominal value of the share from 1.20 Euros to 0.75 Euros and a return of capital with cash payment to the shareholders of € 0.45 per share.
After the above reduction, the share capital of the company amounts to the amount of 20.534.400 Euros, divided into 27.379.200 registered shares, with a nominal value of 0.75 Euros.
The Ministry of Development and Investment, with its decision No. 82591 23.07.2021, approved the amendment of the relevant article of the Company's Articles of Association.
The Corporate Actions Committee of ATHEX at its meeting of 27.07.2021 was informed about the reduction of the nominal value of the shares of the company, with return of capital by payment of cash to the shareholders amounting to € 0.45 per share.
Following the above, from 29.07.2021 the shares of the company will be traded on the ATHEX with the new nominal value, 0.75 Euros per share and without the right to participate in the return of capital by paying cash to the shareholders in the amount of € 0.45 per share.
From the same date, the starting price of the company's shares on the ATHEX will be formed in accordance with the Regulations of the Athens Stock Exchange in conjunction with the decision no. 26 of the Board of ATHEX as applicable.
Beneficiaries of the return of capital are the shareholders who will be registered in the files of ATHEX Intangible Securities System of 30.07.2021 for the listed company in question.
The start date for the payment of the capital return is set at 05.08.2021. The payment of the cash for the amount of the return of the capital will start from 05.08.2021 and will be made through the National Bank of Greece S.A. as follows:
By the Operators of the eligible shareholders, if they have been granted the right of collection.
By crediting their account to the National Bank of Greece S.A., provided that the shareholders have declared the specific bank as an operator in the ATHEX Intangible Securities System.
From the branch network of the National Bank of Greece S.A. to the shareholders who have not requested collection from their Operator or whose shares are kept in the Special Account of the Hellenic Stock Exchanges or for shares held in portions of non-appearing investors. In order to collect the cash from the branch network of the National Bank, it is necessary to present their Police Identity Card and to print the details of the Investor Portion Code No. in ATHEX Intangible Securities System. Payment to a third party is made only upon presentation of an authorization, which will bear the full details of both the beneficiary shareholder and the authorized person (name, father's name, ID & Tax Identification numbers), certified for the original signature from a Police or other Authority.
For more information, the shareholders can contact the company's shareholder services department (tel. 2810-308617 Mr. Konstantinos Tsakalos).
Crete Plastics SA published this content on 27 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 July 2021 15:09:10 UTC.