Alpha Asset Management A.Ε.D.Α.Κ.'s announcement for the fraction sales procedure due to reverse split


Alpha Asset Management Α.Ε.D.Α.Κ. (the «Company») informs investors that following the decision of the Board of Directors of June 21st, 2016, the fraction sales procedure of 183 units of the exchanged traded mutual fund «Alpha ETF FTSE Athex Large Cap Equity Fund» will take place on 27 June, 2016. The above units refer to the aggregated fractions that are the result of the decrease, due to merger, of the total number of the existing units of the Exchange Traded Mutual Fund «ALPHA ETF FTSE Athex Large Cap EQUITY FUND» (“ETF”), due to the adjustment of the value of “FTSE/Athex Large Cap Index”, from 6,030,903 to 603,090 dematerialized, registered units by a ratio of one (1) new unit to ten (10) old units.


 «Alpha Finance Investment Services S.A.»  has been defined as the member of the Athens Stock Exchange, that will proceed the fraction sale according to the statutory legislation.


The opening price for the fraction sale will not have bigger than 5% deviation from the closing price of the previous day of the defined date of Athens Exchange meeting for the fractions sale.


The net sales amount will be distributed to the unitholders, that were recorded in the Dematerialized Securities System (DSS) as of 16 June, under the Company's  responsibility.


The Company will post an updated announcement on the result of the sale, as well as the procedure regarding the collection of the amount by beneficiary unitholders.


For more information, unitholders may contact Alpha Asset Management Α.Ε.D.Α.Κ. (tel. +30 210 326 2948).


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