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INTERWOOD-XYLEMPORIA A.T.E.N.E. - ΕΧ RIGHTS ISSUE - PRICE FLUCT. LIMITS OF 02 - 04 - 2024
As of April 2, 2024, the shares of the company "INTERWOOD-XYLEMPORIA A.T.E.N.E." (GRS131003006 - CR, GRS131004004 - PR) are traded on the ATHEX ex-rights in terms of: a) 0.33144193334387 new (CR) share for every 1 old (CR) share held, at an issue price of €0.27 per share, b) 0.33144462677008 new (PR) share for every 1 old (PR) share held, at an issue price of €0.27 per share. The rights' trading period is set from April 5, 2024, to April 15, 2024 (included). The rights' subscription period is set from April 5, 2024, to April 18, 2024 (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 (CR) and (PR) share prices, only for the trading session on April 2, 2024, are set as follows: a) regarding the (CR) share: +30% at the closing share price of the ATHEX last trading session (28/03/2024): €0.3290 and -30% at the adjusted start share price: €0.3140, and b) regarding the (PR) share: +30% at the closing share price of the ATHEX last trading session (28/03/2024): €0.3600 and -30% at the adjusted start share price: €0.3380.
For convenience, below is given the type of calculation of the adjusted price of the share, which results from Decision 26 of the ATHEX Board of Directors, 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:
Adjusted share price: €0.3140 (CR) & €0.3380(PR)
Closing share price of the ATHEX last trading session (28/03/2024): €0.3290 (CR) & €0.3600(PR)
Maximum Trading limit +30%: €0.4270 (CR) & €0.4680(PR)
Minimum Trading limit -30% : €0.2200 (CR) & €0.2380(PR)
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: €0.3140 (CR) & €0.3380 (PR)
Ceiling + 35.99%: €0.4270 (CR)
Floor -30%: €0.2200 (CR)
Ceiling + 38.47%: €0.4680 (PR)
Floor -30%: €0.2380 (PR)
Links
- HCMC - Hellenic Capital Market Commission
- HBA - Hellenic Bank Association
- ΣΕΠΕΥ - Σύνδεσμος Εταιρειών Παροχής Επενδυτικών Υπηρεσιών
- SMEXA - Association of Members of the Athens Exchange
- BoG - Bank of Greece
- ESMA - European Securities Markets Authority
- ECSDA - European Central Securities Depositories Association
- HFAMA - Hellenic Fund and asset Management Association
- FESE - Federation of European Stock Exchanges
- WFE - World Federation of Exchanges
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