Announcement for the conversion of the convertible bond into shares – Convertible non negotiable Bond Loan Jumbo SA, of EUR 42.432.150
Jumbo SA announces the following:
1. According to the terms of the Convertible Bond Loan of the company, issued on 08.09.2006, according to the decision of the Second Repeated Extraordinary Meeting of the shareholders’ at 07.06.2006 in combination with as of 3.8.2006, 31.8.2006, 5.9.2006, 6.9.2006, 8.9.2006 14.4.2009 and 11.09.2012 decisions of the Board of Directors, regarding the right of conversion of the convertible bonds into shares (term of 8.1.): Every one (1) bond provides to the Bondholder the right to convert into 2,21425331 ordinary shares each with nominal value of 1,19 Euro. The conversion price is EUR 4,52 per share. The conversion right can be exercised for the first time the first day of the 4th year from the issuance date (at 08.09.2009) and every six months onwards at the corresponding with the issuance date of the Loan every month (Conversion Date).
According to the above terms, on 08.03.2013, there were submitted by beneficiary bond-holders 9 applications to exercise the right of conversion of a total 14.516 of bonds of nominal value and disposal value of EUR 10,00 that will be converted into 32.139 new common nominal shares of the company with voting right and nominal value of EUR 1,19 each. Under the exercise of the conversion right the company’s share capital will increase by EUR 38.245,41 with the issuance of 32.139 new nominal shares of the company, with nominal value of EUR 1,19 each. After that the share capital of the company will stand at EUR 154.693.664,44 divided into 129.994.676 common nominal shares, with nominal value of EUR 1,19 each. Due to the share capital increase the resulting difference of the amount of EUR 103.314,59 is credited to the “Share premium” account. The abovementioned share capital increase was confirmed by the decision of the company’s Board of Directors on 09.03.2013, by which there was an amendment of the article 5 par. A’ of the company’s Articles of Association and was certified on 12.03.2013 with the decision of the company’s Board of Directors. The decisions no. Κ5-1184 and Κ5-1184 (twice) of the General Electronic Commercial Registry (G.E.MI.) an independent department of the Ministry of Development were registered on 03.04.2013.
2. According to the term 8.3 of the Convertible Bond Loan the new 32.139 common nominal shares, are eligible to dividend of the current financial year (01.07.2012-30.06.2013) in which the right of conversion was exercised.
3. As far as the issuance of the new shares is concerned, there will be followed the formal process of submission of supporting documents and reception of required approvals, according to the terms of the Convertible Bond Loan, the law 2190/1920 and the paragraph 5.3.6 of the ATHEX Regulation. At the first stage the company will submit the supporting documents to the Athens Exchange for approval. At the second stage the new common nominal shares of the company will start being traded at the 3rd working day after the date of the relevant approval from the Athens Exchange as it will be reported in newer relative statement that will be published at least one working day before. The new shares will be credited to the beneficiaries’ DSS accounts a day before they start being traded.
4. For further information, shareholders may contact the shareholder information department during working days and hours (Head of the Department Mrs Amalia Karamitsoli, tel. +30 2104805267)