Increase and Decrease in Nominal Share Value & Capital Return
The company MEDICAL OF ATHENS E.A.E. informs the investing public that the Annual Ordinary General Meeting of Shareholders on Thursday, June 29, 2023, approved:
a) the Increase in the company’s share capital by 2,602,079.40 euros with capitalization of part of the reserve from the account “Difference from the issuance of shares at par” and an increase in the nominal value of each share by the amount of 0.03 euros, i.e. from 0.31 euros to 0.34 euros and
b) the equal simultaneous reduction in the company’s share capital by 2,602,079.40 euros, with a corresponding reduction in the nominal value of each share by the amount of 0.03 euros, i.e. from 0.34 euro to 0.31 euro and return of the share capital to the shareholders by cash payment, i.e. an amount of 0.03 euro per share. After the above equal increase and decrease, the company’s share capital amounts to 26,888,153.80 euro and is divided into 86,735,980 shares with a nominal value of 0.31 euro.
On 25.7.2023, the General Commercial Registry (G.E.M.H.) was registered with the General Commercial Registry (G.E.M.H.) under Registration Code Number 3724937, the company no. 3002811ΑΠ/25.07.2023 decision of the Ministry of Development, which approved the amendment of the relevant article of the Company’s Articles of Association, as a result of the increase and simultaneous reduction of the share capital.
The Corporate Transactions Committee of the Athens Stock Exchange was informed on 23.8.2023 of the above change in the nominal value of the Company’s shares and the return of capital by payment of cash to shareholders.
By virtue of the decision of the Board of Directors of the company dated 26.7.2023, it is stipulated that from Thursday 07.09.2023, the company’s shares will be tradable on the Athens Stock Exchange with a final value of €0.31 per share and without the right to participate in the return of capital with a cash payment to shareholders of €0.03 per share. From the same date, the starting price of the Company’s shares on the Athens Stock Exchange will be determined in accordance with the Regulation of the Athens Stock Exchange, in combination with decision no. 27 of the Board of Directors of the Athens Stock Exchange as in force. Shareholders who will be registered in the DSS files on Friday 08.09.2023 are entitled to receive the return of capital.
The starting date for the payment of the capital return is 14.09.2023, Thursday. The return of the capital will be carried out by the paying bank Eurobank as follows:
Through the Participants of the beneficiaries in the DSS (Banks and Securities Companies), in accordance with the applicable provisions of the Operating Regulation of ATHEXCSD and its relevant decisions.
Especially in cases of return of capital to heirs of deceased beneficiaries, whose securities are held in the special account of their share in the DSS, under the management of ATHEXCSD, the payment process of the amount of the capital return is carried out after the completion of the legitimation of the heirs through the Eurobank branch network for 5 years from the end of the current year (i.e. until 31.12.2028).
For further information, shareholders may contact the Shareholder Information Department
Address: Sarantaporou 1 & Delfon 151 25, Maroussi
Email: metox@iatriko.gr
Tel.: 210 6862454
In addition, the contact details of the Paying Bank “Eurobank Bank S.A.” are as follows:
Domestic Markets Custody Operations Department, Corporate Actions Department,
Iolkou 8 & Filikis Eterias, P.O. Box 11100 142 34 Nea Ionia,
Contact numbers: 210-35.22.085 and 210-35.22.284.
