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Epsilon Net: From 26/11 the trading of new shares, at 0.075 euros the nominal value

EPSILON NET informs the investing public that the Extraordinary General Meeting of shareholders of 03.11.2021, decided to split the shares of the Company (split) with a ratio of four (4) new shares in replacement of one (1) old one, with a reduction of of nominal value of each share from 0.30 euros to 0.075 euros, with a simultaneous increase of the total number of common shares of the Company from thirteen million four hundred thousand (13,400,000) to fifty three million six hundred thousand (53,600,000).

Following this, the fully paid-up share capital of the Company remains unchanged and will amount to 4,020,000 euros paid in cash and divided into 53,600,000 registered shares with a nominal value of € 0.075 each.

On 08.11.2021 it was registered in the General Commercial Register (G.E.M.I.) with Registration Code 2675456, the decision with number AP 2481548 / 08.11.2021, which approved the amendment of article 5 of the articles of association according to the 03.11 .2021 decision of the Extraordinary General Meeting of the Company’s shareholders.

The Committee of Corporate Operations of the Athens Stock Exchange at the meeting
on 18.11.2021, approved the admission to trading of forty million two hundred thousand (40,200,000) new free shares arising in accordance with the above decision.

Following the above, by decision of the Company, the following are defined:

The cut-off date for the right to participate in the share split is set at Tuesday 23.11.2021.

From the same date, the Company’s shares will be traded on the Athens Stock Exchange with the new nominal value, ie 0.075 euros per share, without the right to participate in this free distribution of shares, and the starting price of the Company’s shares on the Athens Stock Exchange, will be formed in accordance with the Regulations of the Athens Stock Exchange in conjunction with the decision number 26 of the Board of Directors of the Athens Stock Exchange, as in force.

Beneficiaries of the above corporate deed are the shareholders of the Company that will
are registered in the files of the Intangible Securities System (DSS) on Wednesday 24.11.2021.

The beginning of the trading of the new shares on the Athens Stock Exchange,
is set for Friday 26.11.2021.

From the same date, the above shares will have been credited to the shares and securities accounts of the shareholders in the DSS.

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Source From: Capital

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