NEXANS HELLAS S.A. - ΕΧ RIGHTS - PRICE FLUCTUATION LIMITS OF 02.02.2016

As of February 2, 2016, the shares of the company "NEXANS HELLAS S.A." (GRS079103008) are traded on the ATHEX without the right to participate in the share capital increase, with the issue of 16,864,375 new (CR) shares, at an issue price of € 1.25 per share. The rights' trading period is set from February 5, 2016 to February 16, 2016, included. The rights' subscription period is set from February 5, 2016 to February 19, 2016, 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 February 2, 2016, are set as follows: +10% at the theoretical adjusted share price: € 1.18 and -10% at the closing share price of the ATHEX last trading session (01/02/2016):  € 0.993.

 

Theoretical Adjusted share price: € 1.18

Closing share price of the ATHEX last trading session (01/02/2016): € 0.993

Maximum Trading limit +10% : €  1.29

Minimum Trading limit  -10%  : €  0.894 

 

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 closing share price, the maximum and minimum trading limits are formed as follows:

Start share price: € 0.993

Ceiling Α΄ + 29.91%          : € 1.29

Floor   Α΄    - 10%               : € 0.894