FLEXOPACK SA following the relevant announcement from 09.05.2022, informs the investing public regarding the final data from the implementation of the Stock Option Plan, which was established based on the decision of 19.12.2019. Board of Directors, in execution of the decision of 29.06.2018 of the Annual Ordinary General Meeting of the Company’s shareholders, as follows:
1. During the period from 29.03.2022 to 20.04.2022, twenty (20) executives of the Company made a written statement for the exercise of stock option options, while they submitted the relevant amount on time, namely until 20.04.2022. special bank account held in the name of the Company.
2. A total of 75,000 common, registered voting shares of the Company were sold, with a nominal value of 0.54 Euros each.
3. The offering price of the new shares amounted to 3.00 Euros per share.
4. The cash payment of the price for the purchase of the above shares was completed on time and amounted to 225,000.00 Euros.
5. On 10.05.2022 was registered in the General Commercial Register (G.E.M.I.) with Registration Code (KAK) 2857777 through the Companies Directorate of the Ministry of Development and Investment as the competent Supervisory Authority, the Minute of 06.05.2022 of the Board of Directors regarding:
(a) the increase of the share capital of the Company by the amount of 40,500.00 Euros with the payment of cash and the issue of 75,000 new common, registered shares with a nominal value of 0.54 Euros and a selling price of 3.00 Euros per share, of the difference between the offering price of the new shares and their nominal value, in the amount of Euro 184,500.00 transferred to a special reserve account “Difference from the issue of premium shares” and
(b) the certification of the payment of the amount of the above increase of the share capital, in accordance with the provisions of articles 20 and 113 of law 4548/2018.
It is noted that, following the above increase, the share capital of the Company now amounts to the amount of 6,369,312.96 Euros, divided into 11,795,024 common, registered shares with a nominal value of 0.54 Euros each.
6. The Company will take all legal actions, in accordance with the current legislative and regulatory framework in general, in order for the new shares to be admitted to trading on the regulated market of the Athens Stock Exchange.
7. Responsible for compiling this information form and the accuracy of its content are:
A. Stamatina Ginosati, Head of Corporate Announcements and Shareholder Service of the Company, 37 Ifeistou, Koropi Attica, PC 19400, tel .: +30 210 6680000.
V. Anastasios Lymperopoulos, Financial Director, 37 Ifeistou, Koropi Attica, PC 19400, tel .: +30 210 6680000.
This information note can be obtained from the offices of the Company’s headquarters (37 Hephaestou Street, Koropi, Attica, 19400) and in electronic form on the Company’s website (http://www.flexopack.com ).
Those interested in requesting more information can contact the Company’s Corporate Announcements and Shareholder Services Department during working days and hours (Ms. Stamatina Ginosati, tel. +30 210 6680000).
Source: Capital
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