Jumbo SA announces that the Extraordinary General Meeting of the company’s shareholders, which took place on 25.07.2012, decided the reduction of the company’s share capital by the amount of € 27.292.132,77, through the reduction of the nominal value of each one of the company's shares from the amount of € 1,40 to the amount of € 1,19 and capital return in cash to the shareholders of the amount € 0,21 per share. Following the aforementioned decrease, the fully paid-up share capital of Company amounted to € 154.655.419,03 divided into 129.962.537 shares, of €1,19 final nominal value each.
On 28.08.2012, the decision K2-5452 by the Minister of Development, Competitiveness approving the modification of the relevant article in the Company’s Articles of Association was registered in the Companies Register.
The Athens Exchange (ATHEX) was informed on 04.09.2012 about the abovementioned share capital reduction through a reduction in the par value of the share by € 0,21 per share and payment of this amount to shareholders.
Following the above on 07.09.2012 the company’s shares shall be traded in the Athens Exchange with their new nominal value € 1,19 per share and without the right to participate in the capital return of cash to the shareholders amounting to € 0,21 per share.
On the same date (07.09.2012), the opening price of the shares of the Company on ATHEX will be determined in accordance with the Athens Exchange Rulebook, in conjunction with Resolution 26 of the BoD of ATHEX, as it applies.
Beneficiaries of the share capital return € 0,21 in cash, based on the record date rule, will be those shareholders of the Company that are registered on the D.S.S. on 11.09.2012.
The payment date for the share capital return is Monday September 17.09.2012. Payment will be effected by the bank EFG Eurobank, as follows:
- to the operators (custodians- stockbrokers) of those shareholders entitled to receive the amount of the capital return provided they have been granted collection rights,
- if Eurobank EFG acts as operator in the Central Depositary System for a shareholder, then the capital return payment shall be rendered to the account of the shareholder with Eurobank EFG
- to shareholders themselves via “EFG Eurobank Ergasias S.A.” network of branches, upon presentation of their ID card and the particulars of the DSS account, if their portfolio is held at the Central Securities Depository (now Hellenic Exchanges S.A.) or they have not granted or have revoked authorisation for their broker to collect the amount of the capital return. The payment of the capital return through “EFG Eurobank Ergasias S.A.” will be executed through the submission of the Identity Card of the Shareholder, while the payment to a third person can only be done through the presentation of an authorization, which shall include the full details of the Shareholder as well as of the authorized person (full name, father's name, Identity number & taxpayer identification number) and will be certified for the original signature by the Police or another Public Authority.
- After three (3) months from the payment date i.e. as of Monday 17.12.2012 payment will be made only at the company’s headquarters in the Moshato Attica (Cyprus street 9 and Idras, Tel. 2104805267). For further information, shareholders may contact the shareholder information department during working days and hours (Head of the Department Mrs Amalia Karamitsoli, tel. 2104805267).