The company OPAP S.A. announces the sale price of the new shares that will be issued due to the reinvestment of the remaining dividend of the 2021 corporate year, with a corresponding increase in its share capital:
1. The Board of Directors of the Company in its meeting of June 9, 2022 determined that the sale price of the above new shares will be equal to the average of the stock market volume weighted basis of the share price (VWAP) of the first five (5) trading days within the period of exercise of the right to reinvest the remaining dividend for the year 2021 (ie from 20.07.2022 to 26.07.2022), reduced by 3% (discount rate), as already announced.
2. According to the above method of calculation and based on the stock exchange weighted volume base price of the share during 20.07.2022 until 26.07.2022, the sale price of the new shares amounts to 13.79 euros.
Source: Capital
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