Press release of Corporate Actions Committee - Athens Stock Exchange (ATHEX)
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January 11th, 2024
Press release of Corporate Actions Committee - Athens Stock Exchange (ATHEX)
The Athens Stock Exchange, following today's session of its Corporate Actions Committee, announces that the following will be implemented:
Monday, January 15th, 2024
Commencement of trading of 4,000,000 new common registered shares of "AVAX S.A." (ISIN: GRS213213002), following the share capital increase realized as a result of the capitalization of a reserve through the distribution of new bonus shares to the company's executives, and other staff members.
Tuesday, January 16th, 2024
Suspension of trading of the 356,314,416 common registered shares of "FRIGOGLASS S.A." (ISIN: GRS346003007), in order to be replaced by 89,078,604 new common registered shares, with increase in the share par value from €0.06 to €0.24 per share, as a result of the shares' reverse split. The record date for the aforementioned corporate action is Wednesday, January 17th, 2024. The commencement of trading of the 89,078,604 new shares, with final new par value of €0.04 per share, following the decrease in the share par value, is on Monday, January 22nd, 2024.
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About Athens Exchange Group
The Athens Stock Exchange since its establishment in 1876, consistently participate in the financial and business developments in the country.
Athens Exchange Group (ATHEX Group), provides support to the Greek Capital Market. ATHEX Group operates the organized Equities and Derivatves markets, the alternative market and performs clearing and settlement of trades.
The Athens Stock Exchange, through its markets, offers solutions and financing tools to businesses, expands investor choice by providing a safe, stable and easy environment in full alignment with international practices and the European regulatory framework. It has held the ISO 22301:2012 international standard for Business Continuity, for all its companies, including all its operations as well as the products & services it provides.
In a period that the role of stock markets in exploring alternative ways of financing business, at a European level, is significantly enhanced, the Athens Exchange Group has taken a series of initiatives to highlight the attractiveness of the Greek Capital Market and the Greek companies to the international investment community and expand the variety of investment opportunities.
Its shares are traded on the Main Market of the Athens Stock Exchange (Symbol: EXAE).
The profiles of the ATHEX Group and its markets can be downloaded from the link. More information can be found in the website www.athexgroup.gr.