Flexopack announces that on Wednesday, May 25, 2022 the trading on the Athens Stock Exchange of 75,000 new common, registered shares of the Company, with a nominal value of 0.54 Euros each, arising from the recent increase of its share capital by 40,500.00, begins on the Athens Stock Exchange. exercise of stock option (Stock Option Plan), by the members of the Board of Directors, the Directors and the staff of the Company, which amount to a total of twenty (20) persons, at a share offering price of 3.00 Euros, according to the 29.06.2018 decision of the Annual Ordinary General Meeting of shareholders and the relevant decision of 19.12.2019 of the Board of Directors of the Company.
The above increase of the share capital was certified by the Board of Directors of the Company on 06.05.2022, in application of the decisions of the above Annual Ordinary General Meeting of shareholders and was registered in the General Commercial Register (G.E.M.I.) on 10.05.2022, through the Companies Department (Department of Listed SA) of the Ministry of Development and Investment as the competent Supervisory Authority.
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.
The Committee on Corporate Transactions of the Athens Stock Exchange at its meeting on May 18, 2022 approved the listing for trading of the above 75,000 new common, registered shares of the Company.
A decision of the Company stipulates that the above new shares will be traded on the Athens Stock Exchange from Wednesday, May 25, 2022.
From the same date, the starting price of the Company’s shares on the Athens Stock Exchange will be adjusted in accordance with the ATHEX Regulations. in combination with no. 26 decision of the Board of Directors of the ATHEX, as in force, and the new shares will have been credited to the units and securities accounts of the eligible shareholders in the Intangible Securities System (DSS).
For more information, Messrs. shareholders may be informed by the Information Form of Article 1 (5) of Regulation (EU) 2017/1129 of 14ης June 2017, which is available in electronic form on the Company’s website (http://www.flexopack.com) and on the ATHEX website. (http://www.athexgroup.gr), as well as to address the Shareholder Service Department and Corporate Announcements of the Company (Mrs. Stamatina Ginosati, tel. +30 210 6680000).
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.