ALAPIS Α.Β.Ε.Ε.
Announcement
ALAPIS SA announces that according to par. 5, article 9 of L. 3556/30.04.2007 and in order to facilitate the calculation and the determination of the limits for acquiring or selling significant participation by shareholders or voting rights holders, the stock reverse split was completed on July 7, 2010.
In specific, the increase of the shares nominal value from euro 0.30 to euro 2.40 was completed with the simultaneous reduction of a total outstanding number of existing shares from 1,961,200,440 to 245,150,055, pro rata 1 new share replaced for every 8 old shares.
The new 245,150,055 common registered shares started floating on July 7, 2010 and the company's share capital amounts to euro 588,360,132 divided into 245,150,055 common registered shares of nominal value euro 2.40 each.
In specific, the increase of the shares nominal value from euro 0.30 to euro 2.40 was completed with the simultaneous reduction of a total outstanding number of existing shares from 1,961,200,440 to 245,150,055, pro rata 1 new share replaced for every 8 old shares.
The new 245,150,055 common registered shares started floating on July 7, 2010 and the company's share capital amounts to euro 588,360,132 divided into 245,150,055 common registered shares of nominal value euro 2.40 each.