With the new nominal value, i.e. €0.15 per share, they will be traded on the A.H.A. from August 1, 2022 the shares of Kecrops.
As stated in the relevant announcement, the Ordinary General Meeting of Shareholders of June 27, 2022 decided, among other things, to reduce the Company’s share capital by the amount of €2,970,620.10, with a reduction in the nominal value of each common share after voting rights of the Company’s share from €0.30 to €0.15 and decided the above amount of reduction (€2.970.620.10) to be used in its entirety to offset accounting losses of past years.
On 12.07.2022, the decision of the Ministry of Development & Investments (General Secretariat of Trade & Consumer Protection – General Directorate of Market) was registered in the General Commercial Register (G.E.MH.), with Registration Code No. 2911680, with number 2662034ΑΠ/12.07.2022 Directorate of Companies – Department of Supervision of Listed Companies SA) by which the amendment of article 4 of the Company’s Articles of Association was approved, in accordance with the decision of the Ordinary General Meeting of the Company’s Shareholders dated 27.06.2022.
Following the aforementioned reduction, the Company’s share capital amounts to €2,970,620.10, divided into 19,804,134 common registered voting shares, with a nominal value of €0.15 each.
The XA Corporate Actions Committee was informed of the reduction in the nominal value of the Company’s shares at its meeting on 27 July 2022.
Following the above, from August 1, 2022, the Company’s shares will be tradable on the A.A. with the new nominal value, i.e. €0.15 per share, the announcement concludes.
Source: Capital
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