Completion of the merger procedure
Completion of the merger procedure:
Autohellas (The Company) would like to announce the completion of the merger procedure through absorption of the companies «VELMAR SA Car and Dealer Greek Commercial and Industrial CompanyΑ» and «TECHNOCAR SA Industrial and Commercial Company» by Autohellas Tourism and Trading Company on November 30th 2015.
Following the above, the share capital of the Companyhas been increased by €18.000,00 by issuing 56.250 new shares, with nominal value €0,32 each. Beneficiaries of the above new shares (according to the 15/09/2015 decision of the Extraordinary General Meeting of Shareholders) are the shareholders of the absorbed companies. This increase has been approved by the no. 122427/30-11-2015 decision of the Ministry of Development.
The company will inform investors for the date of admission of the new shares to the Athens Stock Exchange in accordance with the securities law.