A request for the exercise of the right of redemption of all the shares of the Karamolegos bakery industry was submitted to the Hellenic Capital Market Commission by “EM. KAR. Sole Proprietor” on April 14, at 3.22 euros / share.
As stated in the request, “after the completion of the over-the-counter transfer of the offered shares in the context of the optional public offer submitted by the Offeror (the” Public Offer “) and following the acquisitions made by the Offeror through the ATHEX. according to the statements of other accounts of the Offeror and the Coordinated Persons received from the “Hellenic Central Securities Depository Societe Anonyme” (EL.K.AT.) dated 13.04.2022 the Offeror holds a total of 2,312,913 shares corresponding to approximately 24.3% of the total paid-up share capital and voting rights of the Company.
In addition, on the same date, the Coordinated Persons hold 6,977,451 shares, corresponding to approximately 73.3% of the total paid-up share capital and voting rights of the Company. Therefore, the EM. ΚΑΡ. SOLE SHAREHOLDER together with the Coordinated Persons hold a total of 9,290,364 shares corresponding to approximately 97.6% of the total paid-up share capital and voting rights of the Company.
Following the above, the Offeror with his written request to the EC. requests 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 230,616 shares representing approximately 2.4% of the total paid-up share capital and voting rights of the Company. with the offered price of the Public Offer, ie 3.22 Euros per share. It is pointed out that, in accordance with the Public Offer, the foreseen transaction tax (amounting to 0.20% on the value of the over-the-counter transfer) will be deducted from the amount paid, as well as it is noted that the Offeror will not bear the burden of the rights in its favor. ΕΛ.Κ.Α.Τ. borne by the sellers / holders of the shares to be redeemed.
The intention of the Offeror to exercise the Redemption Right is included in the information sheet of the Offeror regarding the Public Offer approved on 04.03.2022 and published in accordance with the Law.
The exercise of the right of redemption will be carried out in accordance with the procedure provided in articles 27 and 27a of the Law and no. 1/644 / 22.04.2013 decision of the Board of Directors of the EC “.
Source: Capital
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