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04/09/2021 | Press release | Distributed by Public on 04/09/2021 09:45

Press release of Corporate Actions Committee - Athens Stock Exchange (ATHEX)

9th April 2021

Press release of Corporate Actions Committee - Athens Stock Exchange (ATHEX)

The Athens Stock Exchange, following today's session of its Corporate Actions Committee, announces that the following will be implemented:

Wednesday, April 14th, 2021

  • Suspension of trading of the 831,059,164 common registered shares of 'PIRAEUS FINANCIAL HOLDINGS S.A' (ISIN: GRS014003024), in order to be replaced by 50,367,223 new common registered shares, with increase in the share par value from €6.00 to €99.00 per share, as a result of the shares' reverse split. The record date for the aforementioned corporate action is Thursday, April 15th, 2021. The commencement of trading of the 50,367,223 new shares, with final par value of €1.00, following the decrease in share par value, is on Monday, April 19th, 2021.

Concerning the derivative products 'Stock Futures' and 'Stock Options' with underlying shares of the listed Company and according to the 'Rules on Adjustment of Contract Rights and Obligations in cases of Corporate Actions', the handling of the aforementioned Corporate Action will be normally supported. More specific, the Corporate Action will be handled according to the Article 8 of ATHEX Resolution 12 and Article 6 of ATHEX Resolution 15.

Thursday, April 15th, 2021

  • Commencement of trading of 34,605 new common registered shares of 'FORTHNET S.A.' (ISIN:GRS406003004), which resulted from the share capital increase realized due to the conversion of an equal number of bonds.

About Athens Exchange Group

The Athens Stock Exchange since its establishment in 1876, consistently participate in the financial and business developments in the country.

Athens Exchange Group (ATHEX Group), provides support to the Greek Capital Market. ATHEX Group operates the organized Equities and Derivatves markets, the alternative market and performs clearing and settlement of trades.

The Athens Stock Exchange, through its markets, offers solutions and financing tools to businesses, expands investor choice by providing a safe, stable and easy environment in full alignment with international practices and the European regulatory framework. It has held the ISO 22301:2012 international standard for Business Continuity, for all its companies, including all its operations as well as the products & services it provides.

In a period that the role of stock markets in exploring alternative ways of financing business, at a European level, is significantly enhanced, the Athens Exchange Group has taken a series of initiatives to highlight the attractiveness of the Greek Capital Market and the Greek companies to the international investment community and expand the variety of investment opportunities.

Its shares are traded on the Main Market of the Athens Stock Exchange (Symbol: EXAE).

The profiles of the ATHEX Group and its markets can be downloaded from the link. More information can be found in the website www.athexgroup.gr.