As part of the publication of 3Μ 2015 financial statements and pursuant to Article 4.1.4.4 of ATHEX Rulebook, NIREUS SA notes the following:
 
The Board of Directors of Athens Exchange decided to transfer the shares of the Company to the Under Supervision Category as per the trading session of December the 19th 2014, since it was not feasible for the Company to complete a share capital increase through capitalization of bank debt till the end of 2014.
 
In 2014, the Company had submitted to the Creditor Banks a comprehensive bank debt restructuring plan that included a share capital increase and the adoption of new financial ratios that could be met under the current economic environment.
 
After many months of negotiations, on March the 24th 2015, the Company entered a Memorandum of Understanding with the Creditor Banks, the basic terms of which were announced on March the 26th 2015  and ratified by the General Meeting  of Shareholders of 04.05.2015.

The Company is currently in the process of finalizing the terms of the new loan agreements.  At the same time, the process of submitting the relevant documents to the competent authorities for the final approval for the share capital increase will soon be completed.

After the completion of the above actions the Company will request the transfer of its shares to the Main Market of the Stock Exchange.