I. KLOUKINAS - I. LAPPAS S.A. Announcement of Share Capital Decrease with Decrease of the Face Value of the Share
I. KLOUKINAS-I. LAPPAS SA announces that the Ordinary General Meeting
of the Company's Shareholders which took place on 23.04.2019, decided
the decrease of the company's share capital by 1.608.768,72 euro.
Such decrease of the share capital shall be effected with a respective
decrease of the face value of the share from 0,30 euro to 0,26 euro
and refund of capital through a cash payment to the shareholders 0,04
euro per share.
Following the above decrease the company's share capital amounts to
10.456.996,68 euro divided into 40.219.218 common shares of a face
value of 0,26 euro each.
The Ministry of Development by virtue of decision No 52261-16.05.2019
approved the amendment of the respective clause of the company's
articles of association. The Committee of Corporate Actions of the
Athens Exchange in its meeting dated 30.05.2019 was informed about the
decrease of the face value of the company's shares and refund of
capital through a cash payment to the shareholders 0,04 euro per share.
Following the above, as from 10.06.2019 the company's shares shall be
traded in the Athens Exchange with their new face value 0,26 euro each
and without giving the right to participate in the refund of capital
through a cash payment to the shareholders amounting of 0,04 euro per
Consequently, the beneficiaries of the refund of capital through a
cash payment are the persons registered in the Company's records in
the Dematerialised Securities System on 11.06.2019 (record date).
Payment of the refund of capital through a cash payment to the
shareholders will be effected through the payee bank - Alpha Bank S.A.
? on 14.06.2019 as follows:
A). through the Dematerialized Securities System (DSS) Operators, for
those shareholders who have authorized their Operator(s) for the
refund of capital.
B). directly to the shareholders as follows:
1. by direct credit to International Bank Account Number (IBAN)
declared by the shareholder for those shareholders that do not wish to
collect the refund of capital through his/her Operator(s). This case
concerns only the shareholders who have declared an IBAN kept with the
payee bank ? ALPHA BANK S.A.
2. to any branch of the payee bank ? ALPHA BANK S.A. Each shareholder
must provide the DDS account information and his / her Identification
Card. The payment to a third party can only be made to a legally
authorized representative of the shareholder by presenting to the
payee bank ? Alpha Bank S.A. ? an authorization letter undersigned for
the originality of the signature of the shareholder by Police or other
The collection of the amount is available through the payee bank ?
ALPHA BANK S.A. until 13.06.2020. After that date the cash payment
will be effected only at the company's registered offices, 2 Omirou
and Teo str., in Tavros.
For additional information the shareholders of the company may contact
the Shareholders department of the company (Mrs Maria Printsiou at 210
48 21 186).