LAUNCH OF THE PROGRAM FOR THE ACQUISITION OF TREASURY SHARES
The Company ALPHA TRUST-ANDROMEDA INVESTMENT TRUST S.A. notifies its shareholders and the investment community that the Board of Directors during its meeting on 05.05.2022, following the decision of the Annual Ordinary General Shareholders Meeting dated 03.05.2022, decided the launch of the program for the acquisition of treasury shares according to the provisions of articles 49 et seq. of L. 4548/2018 under the following conditions:
(a) The maximum number of treasury shares that can be acquired will be up to 125.030 shares, the nominal value of which, including the shares already acquired and held by the Company, does not exceed one tenth (1/10) of the paid-up share capital of the Companyꞏ
(b) The maximum acquisition price is set at twenty euro (20,00€) and the minimum acquisition price is set at one cent of euro (0,01€)ꞏ
(c) The time-period during which the purchase of treasury shares will take place is twenty-four (24) months from the date of the relevant decision of the General Shareholders Meeting, namely 02.05.2024.
In case of an increase in the share capital of the Company, according to the decision of the Extraordinary Shareholders Meeting dated 25.02.2022, or any other corporate action, the maximum number of treasury shares that the Company may acquire will be increased/adjusted in proportion to the change in the paid-up share capital, namely in such a way that the shares to be acquired will correspond to the same percentage (10% minus the treasury shares already held by the Company, as the case may be) of the total share capital.
Furthermore, for the implementation of the program for the acquisition of treasury shares, the Board of Directors set as its start time 06.05.2022.
Kifissia, May 06, 2022