«NIREUS AQUACULTURE SA» announces that on Wednesday, 18.05.2016, commences the trading of the new 669.131 common registered shares resulting from the increase of its share capital by 200.739,30 euro, from the conversion of 15.075 convertible bonds to 669.131 shares, issued on 12.07.2007.  According to the amendment of the Convertible bond loan dated on 26.10.2015, each one (1) bond gives to the bondholders the conversion right to 44.3871 common shares of nominal value 0,30 euro each (conversion ratio) voting and the conversion rate is 0,31 euro per share (conversion price) in accordance with the decision of the Ordinary General Meeting dated on  04.05.2015 of the company's shareholders.

 This increase, which is not a direct amendment of the Company's Articles of Association, was certified by the Board of Directors on 18.04.2016 and it was registered at the Companies' Registry with the relevant announcement 45288/26.04.2016

The Stock Markets Steering Committee of the  Athens Exchange on 12.05.2016 approved the commencement of trading of the 669.131  new common registered shares of NIREUS SA.
The new shares will be credited to the securities accounts of the beneficiary shareholders at the Dematerialized Securities System (DSS) on the date of the commencement of trading.
For further information, shareholders may contact Mrs Korina Melioti, Shareholders Relations & Corporate Announcements Officer, tel +30 210 66 98 224.