Eurosymbouloi SA announced today that the Share Capital Increase with cash payment and pre-emptive right in favor of the old shareholders decided by the A ‘Repeat Ordinary General Meeting of Shareholders of 12.7.2021 and held from 9.2.2022 to 22.2.2022, was fully covered , at a rate of 100% by cash payment.
More specifically, the above share capital increase was in principle covered by the exercise of the pre-emptive rights of 396 shareholders, at a rate of 76.4583% with the payment of a total amount of € 1,190,849.90, corresponding to 2,835,357 new common registered shares (registered worth € 0.30 each at a sale price of € 0.42 each), while a percentage of 23.5417% (out of the total of 3,708,370 new shares that were decided to be issued), ie 873,013 shares remained unavailable.
With the decision of the Board of Directors dated 24.2.2022. of the company the above 873,013 unallocated shares, were sold to satisfy the subscriptions which were made by 165 shareholders for additional shares (in addition to those entitled by the exercised pre-emptive right). Because the shareholders who exercised the pre-registration right, were pre-registered for a total of 6,592,242 unallocated shares, while the number of unallocated shares was lower than demand (ie there was an overrun of the increase), Messrs. shareholders who exercised the pre-registration right were satisfied in accordance with the decisions of the 1st Repeat Tactical General Meeting. of 12.7.2021 proportionally and according to the number of shares for which they were pre-registered. Therefore, from registrations and pre-registrations, 100% of the increase was covered (by depositing the corresponding total amount of € 1,557,515.40 in the special account of the increase).
Following this, the final coverage percentage of the Share Capital Increase amounts to 100% and the total amount of the share capital increase amounts to € 1,112,511 (3,708,370 new shares at € 0.30 nominal value of each share).
The difference between the offering price (€ 0.42 per share) and the nominal value of the shares (€ 0.30 per share), ie the premium difference of € 445,004.40 will be borne, in accordance with the law and the articles of association , to the credit of the account “Reserve from the issuance of shares in favor of the premium”. The total gross income of the issue amounted to € 1,557,515.40.
Following the above, the share capital of the company increases by € 1,112,511 with the issue of 3,708,370 new common registered shares, with a nominal value of thirty cents (€ 0.30) each and amounts to four million four hundred fifty thousand forty four euros (€ 4,450,044.00), fully paid, divided into fourteen million eight hundred thirty three thousand four hundred eighty (14,833,480) common registered shares, with a nominal value of thirty cents of the euro (€ 0.30) each and is fully paid.
The new shares, resulting from the above increase, will be returned to the beneficiaries in intangible form with credit to the Portion and the Securities Account at SAT, declared by the beneficiaries.
The date of credit of the new shares in the accounts of the beneficiaries and the beginning of their trading on the ATHEX. will be announced in a new announcement of the company.
Thessaloniki 24.2.2022
ANNOUNCEMENT OF FULL AMK COVERAGE
Source: Capital
Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.
