INTRALOT S.A. - ΕΧ RIGHTS ISSUE - PRICE FLUCTUAT. LIMITS OF 10 - 10 - 2023
As of October 10, 2023, the shares of the company "INTRALOT S.A." (GRS343313003) are traded on the ATHEX ex-rights in terms of 0.626812359123923 new (CR) share for every 1 old (CR) share held - with issue of 232,758,621 new CR shares - at an issue price of €0.58 per share. The rights' trading period is set from October 13, 2023, to October 23, 2023 (included). The rights' subscription period is set from October 13, 2023, to October 26, 2023 (included).
It is clarified, according to article 2.6.3. of the ATHEX Rulebook and to decisions No 22 & 26 of the ATHEX BoD, as in effect, that the fluctuation price limits of the share price only for the trading session on October 10, 2023, are set as follows: +10% at the closing share price of the ATHEX last trading session (09/10/2023): €0.6150 and -10% at the adjusted start share price: €0.6000.
For convenience, below is given the type of calculation of the adjusted price of the share, which results from Decision 26 of the ATHEX Board of Directors, for each Share Capital Increase with cash payment in favour of the old shareholders of the company:
The following can be deduced from the above:
Adjusted share price: €0.6000
Closing share price of the ATHEX last trading session (09/10/2023): €0.6150
Maximum Trading limit +10%: €0.6750
Minimum Trading limit -10% : €0.5400
According to the above, and taking into consideration that in the system ΟΑΣΗΣ (the Advanced Electronic & Automated System for Securities Trading of ATHEX) the starting share price - in this case - is the adjusted share price, the maximum and minimum trading limits are formed as follows:
Start share price: €0.6000
Ceiling + 12.50%: €0.6750
Floor -10%: €0.5400