RESULT OF SALE OF REMNANT FRACTIONS OF SHARES FROM THE INCREASE OF THE SHARES’ PAR VALUE VIA ITS REVERSE SPLIT
Anthoussa, February 3, 2012
SPRIDER STORES announces that on February 1, 2012 proceeded to the sale of 654 common stocks which resulted from remnant fractions after the increase of the share's par value from € 0.30 to € 0.90 and the subsequent decrease (reverse split) of the 78,787,980 outstanding common registered shares of par value € 0.30 each, to 26,262,660 outstanding common registered shares of par value € 0.90 each, which were distributed pro bono to the current shareholders pro rata one (1) new share replacing three (3) held and which took place according to the relevant decision of the Extraordinary General Assembly, held on December 27, 2010.
The net proceeds of the sale amounted € 92.57 and were deposited in behalf of the entitled shareholders, in the company's account in the Fund of Deposits and Loans. Entitled shareholders, in order to collect the proportionate amount should contact SPRIDER STORES' Investor Relations Department (Tel: 0030 210 6609924, Fax: 0030 210 6667234, e-mail: ir@spriderstores.com, responsible: Mr. Thanos Maltezakis), as to receive a collection certification bearing their name, which they will present to the Fund of Deposits and Loans, along with their identification.