The company Quest Holdings informs the investing public that the Extraordinary General Meeting of the shareholders of the company, held on 28.02.2022, decided to reduce the nominal value of the share from 1.33 euros to 0.44 euros and at the same time to increase the total number. of shares from 35,740,896 to 107,222,688 common registered voting shares (split).
The above 71,481,792 new shares will be distributed free of charge to the shareholders of the Company in a ratio of 2 new common registered shares for every 1 old common registered share. After the above corporate change, the share capital of the Company is set at 47,177,982.72 euros, divided into 107,222,688 common registered voting shares, with a nominal share value of 0.44 euros.
At the same time, a special purpose reserve was formed, according to art. 31 par. 2 of Law 4548/2018 amounting to 357,408.96 Euros for the purpose of rounding off the new nominal value of the share.
On 04.03.2022 it was registered in the General Commercial Register (G.E.M.I.) with Registration Code 2807832 and with protocol number AP 2589584 / 04.03.2022 decision of the Company Management, Supervision Department of Listed SAs. and Sports SA of the Ministry of Economy and Development which approved the amendment of article 5 of the Company’s Articles of Association.
The Committee on Corporate Transactions of the Athens Stock Exchange during its meeting on 11.03.2022 approved the listing for trading of the new shares of the Company that arise in accordance with the above.
By decision of the Company, the following are defined:
a) the cut-off date of the right to participate in the share split is set at 16.03.2022. From the same date, the Company’s shares will be traded on the Athens Stock Exchange at the new nominal value, ie 0.44 euros per share, without the right to participate in the said distribution of free shares, and the starting price of the Company’s shares at Athens Stock Exchange will be formed in accordance with the Regulations of the Athens Stock Exchange in conjunction with the decision number 26 of the Board of Directors of the Athens Stock Exchange, as in force, and
b) Beneficiaries in the above corporate deed are the shareholders of the Company who will be registered in the files of the Intangible Assets System (DSS) on 17.03.2022.
The start of trading of the new shares on the Athens Stock Exchange is set for March 21, 2022. From the same date, the above shares will be credited to the shares and securities accounts of the shareholders in the DSS.
For more information, Messrs. shareholders can contact the Company’s Shareholder Services Department (tel. 211-9994762, Mr. Papadiamantopoulos Dimitris).
Source: Capital
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