Announcement on the full subscription of the Share Capital Increase with cash payment and with pre-emptive right in favour of the existing shareholders
INTRAKAT SOCIETE ANONYME TECHNICAL & ENERGY PROJECTS
Announcement on the full subscription of the Share Capital Increase with cash payment and with pre-emptive right in favour of the existing shareholders
The Company under the name “INTRAKAT SOCIETE ANONYME TECHNICAL & ENERGY PROJECTS” (hereinafter “the Company”) announces that the Share Capital Increase with cash payment and pre-emptive right in favour of the existing shareholders, that was decided by the Board of Directors of the Company at its meeting on 20.01.2022, by virtue of the power granted to it by the resolution of the Extraordinary General Meeting of the Company’s shareholders of 17.12.2021 (the “Share Capital Increase“), was successfully completed and fully covered by raising funds of a total amount of €51,351,353.20 and by the issue of 27,027,028 new, common, dematerialized, registered, voting shares, with a nominal value of €0.30 each (the “New Shares“).
In particular, the Increase was covered by the beneficiaries of pre-emptive and pre-subscription rights as follows:
– 98.64% of the Share Capital Increase was covered through subscriptions by those who exercised their pre-emptive right with the payment of a total amount of €50,651,288.70, corresponding to 26,658,573 New Shares.
– 1.36% of the Share Capital Increase was covered through the exercise of the pre-subscription right with the payment of a total amount of €700,064.50, corresponding to 368,455 New Shares. Since the number of New Shares for which subscription was requested by those who exercised their pre-subscription right exceeded the number of New Shares that remained unallocated after the satisfaction of the exercised pre-emptive rights, the aforementioned 368,455 New Shares were allocated to the investors who exercised their pre-subscription rights in proportion to the number of New Shares for which they exercised their pre-subscription right.
Accordingly, there are no unallocated New Shares remaining to be allocated by the Board of Directors.
As a result of the above and the decision of the Board of Directors of the Company dated 16.02.2022, which confirmed, in accordance with the provisions of article 20 of Law 4548/2018, the certification of the timely and full payment of the total amount of the Share Capital Increase, the final subscription percentage of the Share Capital Increase is 100.00% and the amount of funds raised is €51,351,353.20.
Following the above, the share capital of the Company was increased by eight million one hundred and eight thousand one hundred and eight Euros and forty cents (€8,108,108.40) through the issue of 27,027,028 new, common, dematerialized, registered, voting shares, with a nominal value of €0.30 each, while the difference between the nominal value of the New Shares and their offering price, for a total amount of forty-three million two hundred and forty-three thousand two hundred and forty-four Euros and eighty cents (€43,243,244.80), will be credited to the account “Reserve from the issuance of shares above par”.
Consequently, the Company’s share capital currently amounts to twenty-two million five hundred and sixteen thousand five hundred and sixty-nine Euros and seventy cents (€22,516,169.70), divided into seventy-five million fifty-three thousand eight hundred and ninety-nine (75,053,899) registered shares with a nominal value of thirty Euro cents (€0.30) each.
The New Shares will be allocated to the beneficiaries in dematerialized form by crediting their securities accounts in the D.S.S. The exact date of crediting of the New Shares in the beneficiaries’ securities accounts and the date of commencement of their trading on the Athens Stock Exchange will be published with a new announcement of the Company.
For further information, investors may contact during working days and hours the Company’s Investor Relations Unit (Ms. Ioanna Papavasileiou, tel. 210-6674700).
Peania, 16.02.2022
