AKTOR S.A. HOLDING - ΕΧ RIGHTS ISSUE - PRICE FLUCTUAT. LIMITS OF 07 - 01 - 2025
As of January 7, 2025, the shares of the company "AKTOR S.A. HOLDING COMPANY TECHNICAL AND ENERGY PROJECTS" (GRS432003028) are traded on the ATHEX ex-rights in terms of 0.270853467785515 new (CR) shares for every 1 old (CR) share held - with issue of 43,478,478 new (CR) shares - at an issue price of €4.60 per share. The rights' trading period is set from January 10, 2025, to January 21, 2025 (included). The rights' subscription period is set from January 10, 2025, to January 24, 2025 (included).
It is clarified, according to article 2.6.3. of the ATHEX Rulebook and to decisions No 22 & 26 of the ATHEX BoD, as in effect, that the fluctuation price limits of the share price only for the trading session on January 7, 2025, are set as follows: +30% at the closing share price of the ATHEX last trading session (03/01/2025): €4.8500 and -30% at the adjusted start share price: €4.7950.
For convenience, below is given the type of calculation of the adjusted price of the share, which results from Decision 26 of the ATHEX Board of Directors, for each Share Capital Increase with cash payment in favour of the old shareholders of the company:
The following can be deduced from the above:
Adjusted start share price: €4.7950
Closing share price of the ATHEX last trading session (03/01/2025): €4.8500
Maximum Trading limit +30%: €6.3000
Minimum Trading limit -30% : €3.3600
According to the above, and taking into consideration that in the system ΟΑΣΗΣ (the Advanced Electronic & Automated System for Securities Trading of ATHEX) the start share price - in this case - is the adjusted share price, the maximum and minimum trading limits are formed as follows:
Start share price: €4.7950
Ceiling + 31.39%: €6.3000
Floor -30%: €3.3600