On 3.11.2005 commences the trading of new shares deriving from a Share Capital Increase realized after the conversion of bonds into shares.
JUMBO S.A. announces that on Thursday, November 3 2005, the trading of its 4,895,265 new common registered shares will begin on the ATHEX. It is noted that these shares derived from the company?s share capital increase by the amount of ?3,916,212.00, due to the conversion of 2,719,596 bonds into 4,895,265 registered shares, from the existing convertible bond loan of the company, issue of 11.10.2000, with a nominal value of ?0.80 each and a conversion price of ?2.36 per share, in accordance with the relevant Shareholders General Meeting decisions of 11.05.2000, 14.11.2002 and 17.12.2003, respectively, together with the relevant BoD decision of 11.10.2000 as well as the Bondholders' General Meeting resolutions of 31.03.2003 and 26.05.2004, respectively.
It should be noted that, the Board of Directors of the company on 12/10/2005 certified the aforesaid increase, while the Ministry of Development by its relevant decision and registration in the Official Register of Societes Anonymes approved it.
Also, the ATHEX Board of Directors, during its session held on 27/10/2005 approved the listing to trading on the ATHEX of the aforementioned 4,895,265 new common registered shares of the company.
Moreover, by the relevant decision of the Board of Directors of the company, the start date for the trading of the new shares on the ATHEX will be 3/11/2005. Also, as of the same date, the above-mentioned shares would have been credited to the Investors? and Shareholders? Accounts kept in the Dematerialized Securities System (DSS) of the Central Securities Depository in Athens.