VIS S.A.

VIS S.A. - ΕΧ RIGHTS ISSUE - PRICE FLUCTUAT. LIMITS OF 30 - 12 - 2022

As of December 30, 2022, the shares of the company "VIS S.A." (GRS124153008) are traded on the ATHEX ex-rights in terms of 10 new (CR) shares for every 1 old (CR) share held - with issue of 49,686,000 new CR shares - at an issue price of €0.05 per share. The rights' trading period is set from January 4, 2023, to January 12, 2023 (included). The rights' subscription period is set from January 4, 2023, to January 17, 2023 (included).

It is clarified, according to article 2.6.3. of the ATHEX Rulebook and to decisions No 22 & 26 of the ATHEX BoD, as in effect, that the fluctuation price limits of the share price only for the trading session on December 30, 2022, are set as follows: +20% at the closing share price of the ATHEX last trading session (29/12/2022): €1.5400 and -20% at the adjusted start share price: €0.1850.

For convenience, is given the type of calculation of the adjusted price of the share, which results from Decision 26 of the ATHEX Board, for each Share Capital Increase with cash payment in favour of the old shareholders of the company:

The following can be deduced from the above:

PAdjusted share price: €0.1850

Closing share price of the ATHEX last trading session (29/12/2022): €1.5400

Maximum Trading limit +30%: €1.8400

Minimum Trading limit  -30% : €0.1480

 

According to the above, and taking into consideration that in the system ΟΑΣΗΣ (the Advanced Electronic & Automated System for Securities Trading of ATHEX) the start share price - in this case - is the adjusted share price, the maximum and minimum trading limits are formed as follows:

 

Start share price:             €0.1850

Ceiling  +894.60%:           €1.8400

Floor           -30%:             €0.1480