Listing of the new shares of the company ESKIMO S.A.on the ATHEX following the recent share capital increase due to the merger through absorption of the company F.G. Europe S.A.
The shares exchange ration is the following: Each shareholder of the acquiring company will exchange 1 old (CR) or (PR) share with 0.40 newly issued (CR) or (PR) shares and each shareholder of the acquired company 1 old (CR) share with 1.021384 newly issued (CR) shares and 0.1421 newly issued (PR) shares.
The listing of the 5,684,000 new (PR) shares that correspond to the shareholders of the acquired company, will take place after the payment of the accumulative dividend of the fiscal years 1987-2001.
According to the Regulation 24/273/10.6.2003 of the CMC and Regulation no 45 of the ATHEX BoD, the trading limits of the price of the common & preferred shares only for 20.6.2003 are set as follows:
Common shares:
Adjusted start price of the trading session: euro 3.5
Closing price at the last date of trading: euro 1.4
Limit up +12%: euro 3.92
Limit up +18%: euro 4.13
Limit down -12%: euro 1.232
Limit down -18%: euro 1.148
Preferred shares:
Adjusted start price of the trading session: euro 7.02
Closing price at the last date of trading: euro 2.81
Limit up +12%: euro 7.8624
Limit up +18%: euro 8.2836
Limit down -12%: euro 2.4728
Limit down -18%: euro 2.3042
According to the above and taking into account that in the OASIS subsystem receives at starting price the adjusted price of euro 3.5 for the common share and euro 7.02 for the preferred share), the high and low limits of the shares in the subsystem are:
- Common share-Start price euro 3.5
High limit A'' +12% -Start price euro 3.92
High limit B'' +18% -Start price euro 4.13
Low limit A'' -64.58% -Start price euro 1.24
Low limit B'' -67.15% -Start price euro 1.15
- Preferred share -Start price euro 7.02
High limit A'' +12% -Start price euro 7.86
High limit B'' +18% -Start price euro 8.28
Low limit A'' -64.70% -Start price euro 2.48
Low limit B'' -67.20% -Start price euro 2.31
Detailed information for the merger is included in the related Prospectus, which has been approved the ATHEX BoD and is available at the ATHES, the offices of the company, the consultant and www.ase.gr