REGARDING THE DECREASE OF SHARE CAPITAL
WITH DECREASE OF THE NOMINAL VALUE OF SHARE
The Ministry of Development and Investments by virtue of its decision no. 87765/20-08-2020(ΑΔΑ:6ΧΧΦ46ΜΤΛΡ-Α29) approved the amendment of article 5 of the company's articles of association. Said decision was registered with code number 2198708.
The reference number of the relevant Announcement is 2020254/20-08-2020.
Following the above, the société anonyme under the name VIS CONTAINERS MANUFACTURING S.A. hereby informs investors that, according to the resolution passed by the General Meeting of its Shareholders, which convened at the seat of the company on 20/07/2020, day of the week Monday at 12:00hrs, the decrease of the share capital of the company by 10,334,688.00 € with decrease of the nominal value of each share (from 2.88 €) to 0.80 € was approved. Said decrease will take place by offsetting equal losses of the company of previous fiscal years. Thus, the share capital of the company will be decreased from the amount of € 14,309,568.00 to the amount of € 3,974,880.00 € and shall be divided into 4,968,600 dematerialised registered shares with a nominal value of € 0.80 each. The decrease of the share capital of the company was decided in order for the provisions of § 4 of article 119 of Law 4548/2018 to no longer apply to the company.
The Corporate Actions Committee of the Athens Stock Exchange at its session of 23/10/2020 was informed about the decrease of the nominal value of the company's shares.
Following the above as from 29/10/2020, the company's shares will be traded on the Athens Stock Exchange with the new nominal value of € 0.80 per share.
For additional information, kindly contact the Shareholder Services Department of the company (tel. 2106161300, Mr. Kyriakos Soupionas).