PROSPECTUS AVAILABILITY ANNOUNCEMENT

 

PANAGIOTIS G. NIKAS

SOCIETE ANONYME INDUSTRIAL AND COMMERCIAL COMPANY

 

PROSPECTUS AVAILABILITY ANNOUNCEMENT

 

"PANAGIOTIS G. NIKAS SOCIETE ANONYME INDUSTRIAL AND COMMERCIAL COMPANY" (hereinafter the "Company") announces that, from November the 20th 2020, the approved, on November the 20th 2020, by the Board of Directors of the Hellenic Capital Market Commission, Prospectus that was drafted in accordance with the provisions of Regulation (EU) 2017/1129, as in force and the delegated Regulations (EU) 2019/980 and 2019/979, as in force of Law 4706/2020 is available to the investing public. The Prospectus concerns the public offer of up to 13,288,535 new, common, with voting right, registered shares of nominal value of euro 0.12 (hereinafter the "New Shares"), which will be issued by the Company in the context of the increase of its share capital by cash payment and with a pre-emptive right in favor of the old shareholders, in a ratio of 1 New Share for every 3 existing shares, and will be listed on trading in the "Supervision Category" of the Regulated Market of the Athens Stock Exchange (hereinafter the "ATHEX"), according to the decision of September 2nd 2020 of the Ordinary General Meeting of the Company's shareholders, in combination with the decision of November 9th 2020 Board of Directors of the Company (hereinafter the "Increase").

 

Information regarding the process of exercising pre-emptive rights and pre-registrations by investors is provided in section 4.4 "Procedure for Exercising Pre-emptive Rights and Pre-emptive Rights" of the Prospectus.

 

The estimated schedule for the public offering and the listing of the New Shares of the Company that will result from the Increase is the following:

 

Event Date                                                                                                           Date

ATHEX approval of the cut off of the rights

and their trading period on the ATHEX*                                               Friday 20.11.2020

                                                                                             

Publication on the Daily Press Release of the announcement

on the cut-off date of the pre-emptive rights

and the period of exercise and trading of the

pre-emptive rights                                                                            Friday 20.11.2020

 

Posting of the final Prospectus on the website

of the Company, of the ATHEX. and the ΗCΜC                                      Friday 20.11.2020

 

Publication of the announcement for the posting

of the Prospectus on the website of ATHEX and the Company                  Friday 20.11.2020

 

Last trading day of the share with the pre-emptive rights                   Monday 23.11.2020

 

Cut-off Date - Price adjustment                                                      Tuesday 24.11.2020

 

Date of identification of the beneficiaries

in the Share Capital Increase (record date)                                    Wednesday 25.11.2020

 

Credit from HELEX of the pre-emptive rights in the Accounts of

the beneficiaries in the System of Securities                                     Thursday 26.11.2020

 

Commencement of trading and exercise of pre-emptive rights

and subscriptions                                                                             Friday 27.11.2020

 

Expiration of pre-emptive rights trading period                                 Monday 07.12.2020

 

Expiration of pre-emptive rights exercise and pre-subscription period   Thursday 10.12.2020

 

Distribution of unallocated shares by the Board of Directors                          Friday 11.12.2020

 

Certification of the payment of the Increase

by the Board of Directors of the Company                                        Monday 14.12.2020

 

Announcement at the Daily Press Release and the websites

of ATHEX and the Company for the final coverage rate of

the share capital increase and the manner

of disposing of the unallocated shares                                           Monday 14.12.2020

 

Approval of listing of the New Shares for trading by the ATHEX*          Thursday 17.12.2020

 

Informing the investing public about the commencement date

of trading of the New Shares

(Daily Press Release, ATHEX and Company websites)                         Thursday 17.12.2020

 

Commencement of trading of the New Shares                                     Monday 21.12.2020

 

* It is subject to the convening of the ATHEX Committees on the above dates

 

It is noted that the above schedule depends on many unbalanced factors and may change. In any case, the investing public will be informed with a relevant announcement of the Company.

 

The Prospectus, as approved by the Board of Directors of the Hellenic Capital Market Commission on November the 20th 2020, will be available to the investing public, in accordance with article 21 par. 2 of Regulation (EU) 2017/1129, as in force, in electronic form on the following websites:

 

• of the Athens Stock Exchange http://www.athexgroup.gr/el/web/guest/company-prospectus),

• of the Hellenic Capital Market Commission (http://www.hcmc.gr/el_GR/web/portal/elib/deltia), and

• of the Company (http://nikas.gr/el/afksiseis-metoxikou-kefalaiou).

 

Shareholders and investors who are interested in more information can contact during the working days and hours the Company's offices, 22nd N.R. Athens - Lamia, 14565 Ag. Stefanos - Attiki, tel. 210 8187300. The Prospectus will be also available free of charge to the investing public and in printed form, if requested, at the Company's offices, 22nd N.R. Athens - Lamia, 145 65 Ag. Stefanos- Attica.

 

Agios Stefanos, November the 20th 2020


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