TELETIPOS S.A. - ΕΧ RIGHTS - PRICE FLUCTUATION LIMITS OF 11.02.2016

As of February 11, 2016, the shares of the company "TELETIPOS S.A."  (GRS212293005) are traded on the ATHEX without the right to participate in the share capital increase, with the issue of 50,396,500 new (CR) shares, at an issue price of € 0.30 per share. The rights' trading period is set from February 16, 2016 to February 25, 2016, included. The rights' subscription period is set from February 16, 2016 to March 1, 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 11, 2016, are set as follows: +20% at the theoretical adjusted share price: € 0.136 and -20% at the closing share price of the ATHEX last trading session (10/02/2016):  € 0.054.

 

Theoretical Adjusted share price: € 0.136

Closing share price of the ATHEX last trading session (10/02/2016): € 0.054

Maximum Trading limit +20% : €  0.163

Minimum Trading limit  -20%  : €  0.044 

 

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: € 0.054

Ceiling Α΄ + 201.86%        : € 0.163

Floor   Α΄    - 20%               : € 0.044