The company with the name “ALPHA TRUST ANDROMEDA PORTFOLIO INVESTMENT COMPANY” (hereinafter the “Company”) announces that its Board of Directors, during its meeting on 12.07.2022, decided the following:
Regarding the increase of the Company’s share capital up to the amount of eight million two hundred seventy three thousand four hundred and thirty euros (€ 8,273,430) with payment of cash and a right of preference in favor of its old shareholders, in accordance with article 26 of Law 4548/ 2018, as applicable and the issuance and disposal through a public offer of up to two million four hundred six thousand eight hundred and sixteen (2,406,816) new common registered, voting shares, with a nominal value of three euros and four thousand three hundred and seventy-five cents (€3.4375 ) each, in the proportion of three (3) new shares for every two (2) old shares (hereinafter the “New Shares”) decided by the Extraordinary General Meeting of Shareholders of 25.02.2022 of the Company and following the relevant authorization of of the above General Assembly to the Company’s Board of Directors to set the sale price of the New Shares (and therefore the total funds raised from the increase, as they will be formed), the Board of Directors set the disposal price at six euros and thirty-four cents (€6.34) per New Share (hereinafter the “Disposal Price”).
After the above increase and in the event that it is fully covered, the amount of the nominal increase of the Company’s share capital will amount to eight million two hundred seventy three thousand four hundred thirty euros (€8,273,430) and will be collected by issuing two million four hundred six thousand eight hundred and sixteen (2,406,816) new common nominal, after voting, shares, with a nominal value of three euros and four thousand three hundred and seventy-five cents (€3.4375) each and the total raised based on the Sale Price of of New Shares, will amount to fifteen million two hundred fifty nine thousand two hundred and thirteen euros (€15,259,213).
The difference between the nominal value of the New Shares and the Sale Price, totaling six million nine hundred eighty-five thousand seven hundred eighty-three euros (€ 6,985,783), will be credited to the “Difference from the issue of premium shares” account.
The cut-off date of the pre-emptive right, the period of exercising the pre-emptive right and pre-registration and the trading period of the pre-emptive right at A.A. will be disclosed to the investing public in a later announcement, as provided.
Source: Capital
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