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INTRALOT Announce Cancellation of Own Common Registered Shares and the Consequent Reduction of the Company’s Share Capital

May 31, 2022 | Vendor News

ATHENS, Greece (May 26, 2022) — The Company “INTRALOT SA – INTEGRATED LOTTERY SYSTEMS AND SERVICES”, bearing the distinctive title “INTRALOT”, informs the investing community that the Extraordinary General Meeting of the Company’s shareholders that took place on May 17th 2022 decided, among other issues, the reduction of the Company’s share capital by the amount of one million one hundred seventeen thousand four hundred eighty euro and eighty cents (€1,117,480.80) through the reduction of the total number of shares from 152,261,721 to 148,536,785 common registered shares, due to the cancellation of three million seven hundred twenty-four thousand nine hundred thirty six (3,724,936) own common registered shares, with the amendment of article 5 of the Company’s Articles of Association.

The 3,724,936 own shares of INTRALOT to be cancelled were purchased within the year 2018, pursuant to the decisions of the Ordinary General Meetings of the Shareholders dated 26.05.2016 and 16.05.2018.

As a result of the cancellation, the Company’s share capital currently amounts to forty-four million five hundred sixty-one thousand thirty-five euro and fifty cents (€44,561,035.50) and is divided into one hundred and forty eight million five hundred thirty six thousand seven hundred eighty five (148,536,785) common registered shares, with a nominal value of thirty cents (€0,30) each.

On 20.05.2022 registered in General Commercial Registry (G.E.MI.) with registration number 2865015 the decision 2629148/20.05.2022 of the Ministry of Development & Investments which approved the amendment of article 5 of the Company’s Articles of Association. The Corporate Actions Committee of the Athens Stock Exchange, during its meeting dated 26.05.2022, was informed about the aforementioned share capital reduction due to cancellation of Company’s own common registered shares and approved the cancellation of them.

Following the above, on Wednesday 01.06.2022 the trading in the Athens Stock Exchange of three million seven hundred twenty-four thousand nine hundred thirty-six (3,724,936) common registered shares shall cease and such shares shall be cancelled.

For additional information, the shareholders may refer to the Company’s Investor Relations Department tel. +213 039 7000.

Click Here to read the announcement.

SOURCE: INTRALOT.

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