Notice about the intention to dispose of fractional shares
JUMBO S.A.» informs the Investors that:
From the latest Share Capital Increase that has been decided by the Extraordinary General Meeting on 12.02.2014 of EUR 7.039.613,98 derived from the capitalization from share premium account and existed special reserves from taxed non distributed earnings of the company. The share capital increase has been held through the issue of 5.915.642 new common shares of the company of nominal value EUR 1,19 each, that have been distributed to the shareholders of the company at a ratio of one (1 ) new share for every twenty -two (22 ) existing shares which have been traded in the Athens Stock Exchange since 11.03.2014, resulted in the formation of 37.635 fractional rights.
After the six months from the beginning of trading of the new shares, the deadline available to the shareholders either to sell or buy fractional shares in order to form whole numbers of shares expires; therefore the Company intents to sell the above mentioned fractional shares and to offer the proceeds to the beneficiaries Shareholders.
The fractional shares will be disposed according to article 53 of L 3371/2005 and Decision 13/375/17.3.2006 of the Board of Directors of Hellenic Capital Markets Commission.
Jumbo S.A. will follow the disposal process as it is specified by the Law. The company will submit a request to the Hellenic Market Committee for the authorization of the disposal of the fractional shares and this will include the specification of shares to be disposed, the appointment of a Member of the Athens Exchange to perform the sale and the date for the commencement of the disposal. The amounted resulting from the sale will be deposited at the Deposits and Loans Fund, where it will be available to the beneficiaries.
For further information, shareholders may contact the shareholders department of the company (tel +30 2104805267, Ms Karamitsoli Amalia)