MOTODYNAMICS S.A. - EX RIGHTS ISSUE - PRICE FLUCTUATION LIMITS OF 25 - 04 - 2019
As of April 25, 2019, the shares of the company "CARS MOTORCYCLES AND MARINE ENGINE TRADE AND IMPORT COMPANY S.A." (GRS488003005) are traded on the ATHEX without the right to participate in the share capital increase, with the issue of 17,550,000 new (CR) shares, at an issue price of €0.56 per share. The rights' trading period is set from May 3, 2019 to May 14, 2019, included. The rights' subscription period is set from May 3, 2019 to May 17, 2019, included.
It is clarified, according to article 2.6.3. of the ATHEX Rulebook and to decisions No 22 & 26 of the ATHEX BoD, that the fluctuation price limits of the share price only for the trading session on April 25, 2019, are set as follows: +30% at the closing share price of the ATHEX last trading session (24/04/2019): €0.9550 and -30% at the adjusted share price: €0.7200.
Adjusted share price: €0.7200
Closing share price of the ATHEX last trading session (24/04/2019): €0.9550
Maximum Trading limit +30% : €1.2400
Minimum Trading limit -30% : €0.5050
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: €0.7200
Ceiling + 72,23%: €1.2400
Floor - 30%: €0.5050