Announcement regarding the share capital increase of the company after the conversion of bonds into shares
It is announced from the company “Jumbo SA” that on 13.10.2009 start being traded the 8.573.674 new common registered shares of nominal value € 1,40 each, that resulted from the company’s share capital increase by € 12.003.143,60 due to the conversion on 8.9.2009 of 4.081.093 bonds of nominal value and disposal value of € 10.00 of the company’s Convertible Bond Loan as of 8.9.2006, of total amount € 42.432.150,00, the conversion ration was 2,100840336 and the conversion price at € 4,76 per share, according to the 7.6.2006 decision of the company’s shareholders’ General Meeting, and the decisions of the company’s Board of Directors on 3.8.2006, 31.8.2006, 5.9.2006, 6.9.2006, 8.9.2006 and 14.4.2009.
The abovementioned share capital increase was confirmed by the decision of the company’s Board of Directors on 09.09.2009, by which there was an amendment of the article 5 par. A’ of the company’s Articles of Association and was certified on 10.09.2009 with the decision of the company’s Board of Directors. The above decisions were registered in the Official Register of Sociétés Anonymes on 25.09.2009 and were published the no. Κ2-9607 and Κ2-9612 relevant announcements.
The Board of Directors of the Athens Exchange (ATHEX), at its meeting on 08.10.2009, approved the admission to trading of the new 8.573.674 new common registered shares.
According the decision of the company’s Board of Directors the new shares will start being traded on 13.10.2009. From the same day the new shares will be credited to the beneficiaries’ DSS accounts. The new share’s OASIS code is BELAAM.
It is also noted:
According to the term 8.3 of the Convertible Bond Loan the new 8.573.674 common nominal shares, are eligible to dividend of the current financial year (01.07.2009-30.06.2010) in which the right of conversion was exercised, while they are not eligible to the dividend of the financial year ended at 30.6.2009. Consequently, the above 8.573.674 new common nominal shares, will be issued as a new series of company’s shares, that will be traded at the Athens Exchange without the right of the dividend financial year ended at 30.6.2009 (amount of € 0,23). Their opening price will be equal to the closing price, of the 121.234.716 common nominal shares of company that are traded today, on the last session of the Athex.
According to the company’s financial calendar for 2009/2010, the company’s annual results were announced on 24.09.2009 and were published in the press on 25.09.2009. The Annual General Shareholders meeting will take place on 09.12.2009 and the management will propose the distribution of a dividend (before tax) of € 0.23 per share. From 23.12.2009 the company‘s shares will be negotiable at the Athens Stock Exchange without a consequent right to receive a dividend for the financial year 2008/2009 (€ 0.23). Beneficiaries of the dividend will be those investors, who will be registered in the DSS on 29.12.2009.
The above 8.573.674 new common nominal shares of the company without the right of the dividend for the financial year 2008/2009 will stop being traded as separate series and will start being traded with the rest of the common nominal shares of the company, as following: At the ex-dividend date, i.e. at 23.12.2009 the 8.573.674 new common nominal shares of the company without the right of the dividend for the financial year 2008/2009 will stop being traded. The abovementioned shares will start being traded again at the fourth (4) working day after the ex-dividend date, i.e. at 31.12.2009. From that date all the company’s shares (129.808.390) will be traded in the same series and will be eligible to the dividend of the current financial year 2009/2010.
For further information, shareholders may contact the shareholder information department during working days and hours (Head of the Department Mrs Amalia Karamitsoli, tel. 2104805267).