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 15.10.2013 start being traded the 149.441 new common registered shares of nominal value EUR 1,19 each, that resulted from the company’s share capital increase by EUR 177.834,79 due to the conversion on 8.9.2013 of 67.492 bonds of nominal value and disposal value of EUR 10,00 of the company’s Convertible Bond Loan as of 7.6.2006, of total amount EUR 42.432.150,00, the conversion ration was 2,21425331 and the conversion price at EUR 4,52 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 14.4.2009 and 11.9.2012.
According to the term 8.3 of the Convertible Bond Loan the new 149.441 common nominal shares, are eligible to dividend of the current financial year (01.07.2013-30.06.2014) in which the right of conversion was exercised while they are not eligible to the dividend of the financial year ended at 30.6.2013.
The abovementioned share capital increase was confirmed by the decision of the company’s Board of Directors on 9.9.2013, by which there was an amendment of the article 5 par. A’ of the company’s Articles of Association and was certified on 12.3.2013 with the decision of the company’s Board of Directors. The above decisions were registered in General Electronic Commercial Registry (G.E.MI.) an independent department of the Ministry of Development on 02.10.2013 and were published the no. K2-5951 and K2-5951 (twice) relevant announcements.
The Athens Exchange (ATHEX), at its meeting on 10.10.2013, approved the admission to trading of the new 149.441 new common registered shares. After that the share capital of the company will stand at EUR 154.871.499,23 divided into 130.144.117 common nominal shares, with nominal value of EUR 1,19 each.
According the decision of the company’s Board of Directors the new shares will start being traded on 15.10.2013. From the same day the new shares will be credited to the beneficiaries’ DSS accounts.
It is also noted:
According to the term 8.3 of the Convertible Bond Loan the new 149.441 common nominal shares, are eligible to dividend of the current financial year (01.07.2013-30.06.2014) in which the right of conversion was exercised, while they are not eligible to the dividend of the financial year ended at 30.6.2013. Consequently, the above 149.411 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 for financial year ended at 30.6.2013. Their opening price will be equal to the closing price, of the 129.994.676 common nominal shares of company that are traded today, on the last session of the Athex. The new share’s OASIS code is BELAAM.
In accordance to the company’s financial calendar for 2013/2014, the annual financial statements of the fiscal year 2012/2013 have been announced and published on 26.09.2013 after the end of trading on Athens Exchange.
The Annual General Meeting of the company’s shareholders will take place on 06.11.2013 and the management will propose the no dividend distribution for the financial year 2012/2013 aiming at the strengthening of the company’s capital adequacy.
In the event that the General Meeting of the Company’s shareholders approves the management’s proposal for the no dividend distribution, the above 149,441 ordinary shares of the company without the right of the dividend for financial year ended at 30.6.2013 will stop being traded as separate series at the second (2nd ) business day from the relevant decision and will start being traded with the rest of the common nominal shares of the company at the fourth (4th ) business day of their suspension in trading.
In case of any decision on dividend distribution, the company will inform the investors with subsequent announcement of the date that the 149,441 common shares of the company without any right to receive dividend for 2012/2013 will stop being trading as a separate series of shares and the date that they will start being trading with the rest of the common nominal shares of the company.
For further information, shareholders may contact during working days and hours the Investor Relations Officer - IR Officer Ms Amalia Karamitsoli at the address Kyprou 9 and Hydras, tel +30 210 4805267.