During the Ordinary General Meeting of shareholders on 07.07.2022, Aegean Airlines approved the reduction of the share capital by the amount of €13,525,065 with a reduction of the nominal value of all the Company’s shares from €0.65 to €0.50 per share, carried out by offsetting losses of equal amounts from past years to amortize them.
After the above reduction, the Company’s share capital amounts to forty-five million eighty-three thousand five hundred and fifty Euros (€45,083,550) and is divided into ninety million one hundred sixty-seven thousand and one hundred (90,167,100) common, nominal shares, worth fifty Euro cents (€0.50) each.
The Ministry of Development and Investments with no. prot. 2664914/14.07.2022 his decision announced that on 14.07.2022 the minutes of the Ordinary General Assembly from 07.07.2022 were registered in the General Commercial Register (G.E.MH.) with Registration Code No. 2913477 above reduction and the relevant amendment of article 3 paragraph 1 of the Company’s Articles of Association.
The Corporate Transactions Committee of the Athens Stock Exchange, at the meeting of July 27, 2022, was informed of the reduction in the nominal value of the Company’s shares. Following the above, from August 1, 2022 the Company’s shares will be traded on the Athens Stock Exchange with the new nominal value of €0.50 per share.
Source: Capital
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