The Company under the name “EPSILON NET.S.A.” informs investors that the Extraordinary General Meeting of its shareholders on 03.11.2021 decided to split the shares of the Company (split) with a ratio of issue of four (4) new shares in place of one (1) old share by reducing the nominal value of each share from €0.30 to €0.075 while increasing the total number of common shares of the Company from thirteen million four hundred thousand (13,400,000) to fifty-three million six hundred thousand (53,600,000). As a result, the full paid-up share capital of the Company remains unchanged and will amount to €4,020,000 paid in cash and divided into 53,600,000 registered shares of a nominal value of €0.075 each.
On 08.11.2021, the decision with the number SC 2481548/08.11.2021 was registered in the General Commercial Registry (G.C.R.) with a Code Number of registration 2675456, approving the amendment of article 5 of the Articles of Association in accordance with the decision of the Extraordinary General Meeting of the Company’s shareholders of 03.11.2021.
The Corporate Actions Committee of the Athens Stock Exchange at its meeting on 18.11.2021 approved the admission to trading of forty million two hundred thousand (40,200,000) new free shares arising in accordance with the above decision.
Following the above, by decision of the Company is defined that:
The ex-rights date of the right to participate in the share split is Tuesday 23.11.2021.
From the same date, the Company’s shares will be traded on the Athens Stock Exchange at the new nominal value, i.e. €0.075 per share, without the right to participate in this distribution of free shares and the starting price of the Company’s shares on the Athens Stock Exchange will be formed in accordance with the Regulation of the Athens Stock Exchange in conjunction with decision No. 26 of the Board of Directors of the Athens Stock Exchange.
Beneficiaries of the above corporate action are the shareholders of the Company who will be registered in the records of the Dematerialized Securities System (DSS) on Wednesday 24.11.2021.
The beginning of trading of the new shares on the Athens Stock Exchange is Friday 26.11.2021.
From the same date, the above shares will have been credited tο the shareholders accounts in the DSS.
