Press release of Corporate Actions Committee - Athens Stock Exchange (ATHEX)


 

23rd April 2019

 

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:

Holy Thursday, April 25th, 2019 

Commencement of ex-rights trading for the share capital increase through a rights issue of "CARS MOTORCYCLES AND MARINE ENGINE TRADE AND IMPORT COMPANY S.A." (ISIN:GRS488003005), realized in favor of existing shareholders of the company, in terms of 3 new common registered shares for every 2 old common registered shares, at an issue price of €0.56 per share. The record date for the aforementioned corporate action is Tuesday, April 30th, 2019. The rights' subscription period will be between Friday, May 3rd, 2019 and Friday, May 17th, 2019 (included), while trading of 11,700,000 rights on the electronic trading system (OASIS) of ATHEX will take place between Friday, May 3rd, 2019 and Tuesday, May 14th, 2019 (included).

         Tuesday, April 30th, 2019

Suspension of trading of the 11,233,200 common registered shares of "INTERTECH S.A. INTERNATIONAL TECHNOLOGIES" (ISIN:GRS247183007), in order to be replaced by 5,616,600 new common registered shares, with new par value of €1.46 per share, as a result of the shares' reverse split. The record date for the aforementioned corporate action is Thursday, May 2nd, 2019. Following the subsequent decrease in the share par value from €1.46 to €0.50, commencement of trading of the 5,616,600 new shares, with final par value of €0.50 per share, is on Monday, May 6th, 2019.

 

Thursday, May 2nd, 2019

Alteration in the name of "J. & P. - AVAX SOCIETE ANONYME - CONTRACTING - TOURISTIC - COMMERCIAL - INDUSTRIAL - BUILDING MATERIALS AND EQUIPMENT" (ISIN:GRS213213002) to "AVAX SOCIETE ANONYME - CONTRACTING - TOURISTIC - COMMERCIAL - INDUSTRIAL - BUILDING MATERIALS AND EQUIPMENT" and of its distinctive title from "J&P-AVAX S.A." to "AVAX SA".


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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.