• increase the share capital by the amount of 6.750.000,00 Euro equivalent capitalization of part of the reserve “Difference from issuance of shares above par” by increasing the nominal value of the share at 0.60 euros (up from € 0.56 to € 1.16) while reducing the capital by the amount of 6.750.000,00 Euros to absorb accumulated losses, registered in the sub-account “Differences from revaluation of assets” account “Retained earnings”, by reducing the nominal value of the share at 0.60 euros (down from € 1.16 to € 0.56), with corresponding amendment of article 5 of the Statute.

After the above changes, the share capital of the Company remained in the amount of € 6.300.000,00, divided into 11.250.000 common registered shares of nominal value € 0.56 each.

• a further reduction of the share capital by the amount of Euro 450.000,00 by reducing the nominal value of shares from 0.56 Euro to 0.52 Euro, ie 0.04 euros, and capital return in cash to shareholders in the amount of 0.04 Euros per share, with corresponding amendment of article 5 of the Statute.

After this reduction, the company’s share capital amounts to Euro 5.850.000,00, divided into 11.250.000 shares with a nominal value of 0.52 Euro.

The Ministry of Economy, Infrastructure, Marine & Tourism – General Secretariat for Commerce & Consumer Protection with the no. 92115 / 09.09.2015 approved the amendment of the Articles of Incorporation.
The Steering Committee Financial Markets ASE at the meeting of September 17, 2015 was informed of these changes and especially the reduction of the nominal value of the shares to capital return cash to shareholders in the amount € 0.04 per share.
Following the above, on 11.09.2015 the shares will be traded on the ATHEX with the new nominal value of 0.52 Euro per share and without the right to participate in capital return cash to shareholders in the amount € 0.04 per share.
On the same date, the stock opening price of the company on the ATHEX will be determined according to the ATHEX regulation combined with no.26 / 2008 decision of the Board ASE as applicable.
Beneficiaries of the capital return is the shareholders who are registered in the DSS of 11/10/2015 for the company.
The start date of payment of the capital return is defined as 13.11.2015. The payment of cash for the amount of capital repayment will start from 11.13.2015 and will be held by Piraeus Bank as follows:

• In the Operators of the beneficiaries, if they have the right to receive it.
• Via their credit account in Piraeus bank if shareholders have declared this bank as DSS
• From the network of branches of Piraeus Bank to the shareholders that have not granted or have not revoked the right to receive from their operator or whose shares are kept in the Special Account of Greek Exchanges or for shares which are kept in accounts of not disclosed investors.

After July 1, 2016, the capital return in cash will be paid only at the offices of the Company (15 Nikis Street no. 15, Athens 10557, tel.210-3259700).
For more information, shareholders may contact the Department of Shareholders of the Company (tel. 210-3259700, Mr. Kyriakos Christofas).