The Company under the name “EPSILON NET S.A.” (hereinafter referred to as “the Company”) announces that on Tuesday 31/05/2022 the trading of 600,000 new common registered shares of the Company, resulting from the recent increase of its share capital by 45,000 euros, corresponding to the nominal value of the new shares (i.e., 600,000 shares x 0.075 euros) and by an amount of 315,000 euros above par, begins on the Athens Stock Exchange. This increase is due to the exercise of the rights of the Stock Option Plan by five hundred and fifty-nine (559) Executives of the Company’s Management and Personnel and its affiliated Companies, at a share offer price of 0.60 euro, in accordance with the decision of the Annual General Meeting of shareholders of 30.06.2021 and the relevant decisions of the Company’s Board of Directors dated 23.03.2022 and 28.03.2022.
On 13/05/2022 they were registered in the General Commercial Register (G.C.R.) through the Directorate of Companies & G.C.R. of the Ministry of Development & Investments as the competent Supervisory Authority, the increase of the company’s share capital by the amount of 45,000 euros by cash payment and issuance of 600,000 new shares with a nominal value of 0.075 euro and an offer price of 0.60 euro each (C.I.S. 2860373). It is noted that, following the above increase, the share capital now amounts to 4,065,000 euros, divided into 54,200,000 registered shares of a nominal value of 0.075 euros each.
The Corporate Actions Committee of the Athens Exchange at its meeting on 26/05/2022 approved the admission to trading of the above 600,000 new common registered shares of the Company.
By decision of the Company, it is determined that the above new shares will be traded on the ATHEX as of Tuesday 31/05/2022. From the same date, the starting price of the Company’s shares in the ATHEX will be formed in accordance with the ATHEX Regulation and the decision no. 26 of the ATHEX Board of Directors as in force and the new shares will have been credited to the shares and securities accounts of the beneficiary shareholders in the Dematerialized Securities System (DSS).
For more information, shareholders may be informed by the relevant information form of Regulation (EU) 2017/1129 of June 14, 2017, which is available in electronic form on the ATHEX website and on the company’s website (https://www.epsilonnet.gr), as well as they can contact the Company’s Shareholder Services Department (ir@epsilonnet.gr).
