Following the information received on April 15, 2022 from Cryred Investments (the “Offeror”), Nikas (the “Company”) announced that, on the above date, the Offeror submitted to the Hellenic Capital Market Commission (the “EC” . “) request for the exercise of the right of redemption of the common, registered, intangible, after voting shares of the Company with a nominal value of € 0.12 each, in accordance with the provisions of article 27 of Law 3461/2006, as in force (the” Law “) (hereinafter referred to as the” Redemption Right “).
In particular, as mentioned in the application, after the completion of the OTC transfer of the offered shares in the framework of the mandatory public offering of the Offeror from January 21, 2022 (the “Public Offer”) as well as acquisitions of the Offeror through the Athens Stock Exchange (the “ATHEX” . “) from the Date of the Public Offer until the end of the Acceptance Period of the Public Offer, and according to the letters of the company under the name” Hellenic Central Securities Depository Societe Anonyme “(ATHEXCSD or EL.K.AT.) on 13.04.2022 the Offeror and the persons acting in coordination with the Offeror according to article 2 (e) of the Law (the “Coordinated Persons”) held a total of 53,118,682 shares (out of the total of 53,154,140 shares issued by the Company (the “Shares”), which correspond to approximately 99.93% of the total paid-up share capital and voting rights of the Company.
Following the above, the Offeror, with his application to the EC, requested the approval of the exercise of the right of redemption of the remaining Shares of the Company which he does not own and the Coordinated Persons, ie a total of 35,458 common registered, intangible, after voting of Shares, which represent a percentage of approximately 0.07% of the total paid-up share capital and voting rights of the Company, offering a price equal to the offered consideration of the Public Offer, ie the amount of € 1.24 per Share, in cash. The foreseen transaction tax will be deducted from the amount payable, while the Offeror will undertake the charge from the rights in favor of EL.K.AT. which are borne by the sellers / holders of the Shares to be redeemed, according to the Annex of Decision 18 “Price List of Charges” (meeting 311 / 22.02.2021) of the Board of Directors of EL.K.AT., as amended and in force.
As mentioned in the relevant announcement, the intention of the Offeror to exercise the Right of Acquisition is included in paragraph 1.5 of the Prospectus of the Public Offer, which was approved on March 4, 2022 by the Board of Directors of the EC.
The exercise of the Redemption Right will be carried out in accordance with the procedure provided in articles 27 and 27a of the Law and the decision No. 1/644 / 22.4.2013 of the Board of Directors of the EC.
Source: Capital
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