NIREUS S.A.

Notice pursuant to Article 4.1.4.4 of the Athens Exchange Rulebook

As part of the publication of 6Μ 2015 financial statements and pursuant to Article 4.1.4.4 of ATHEX Rulebook, NIREUS SA notes the following: 

Following the decision of the Board of Directors of Athens Exchange to transfer the shares of the Company to the Under Supervision Category as per the trading session of December the 19th 2014 because it was not feasible to complete a share capital increase through capitalization of bank debt till the end of 2014, the Company has taken the following actions. 

  1.  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.
  2. The Company submitted a prospectus for approval to the Hellenic Capital Markets Commission, in order to proceed with the implementation of the aforementioned agreement and any applicable by law procedure, on July the 2nd, 2015.

After the completion of the above actions, namely the issuance of new shares from the approved share capital increase, the Company will request the transfer of its shares to the Main Market of the Stock Exchange.