Announcement of equal increase and decrease of the Share Capital with increase and decrease of the nominal value of the shares by an equal amount.
Jumbo SA announces that the Annual General Meeting of the company’s shareholders, which took place on 03.11.2011, decided: a) the increase of the company’s share capital by €27.287.866,20 with capitalization of an equivalent amount from part of existing share premium reserves with increase of the nominal value of each one of the company’s shares from the amount of € 1,40 to the amount of € 1,61 per share. After this increase the total fully paid up share capital will amount to € 209.206.974,20, divided by 129.942.220 shares, nominal value € 1,61 each and b) the decrease of the company’s share capital by the equivalent of €27.287.866,20, with decrease of the nominal value of each one of the company's shares from the amount of € 1,61 to the amount of € 1,40 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 € 181.919.108,00 divided into 129.942.220 shares, of €1,40 final nominal value each.
On 18.11.2011 the amendment of the article 5 par.A’ of the Company’s Articles of Association was approved by the Minister of Development, Competitiveness and Shipping according to its decision Κ2-8958.
The Board of Directors of Athens Exchange was informed on 24.11.2011 about the abovementioned increase and decrease of the share’s nominal value and the capital return in cash to the shareholders of the amount € 0,21 per share.
Following the above on 23.12.2011 the company’s shares shall be traded in the Athens Exchange with their final nominal value € 1,40 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 23.12.2011, 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 Wednesday 28.12.2011.
The payment dare for the share capital return is Tuesday January 3, 2012. Payment will be effected by the bank EFG Eurobank, as follows:
1) to the operators (custodians- stockbrokers) of those shareholders entitled to receive the amount of the capital return provided they have been granted collection rights,
2) 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
3) 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.
4) As of 04.04.2012 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).