Inactive Instrument

Nireus Aquaculture S.A.

NIR

GRS234003002

Nireus Aquaculture : Listing of the new shares of NIREUS SA resulting from the conversion of the Company’s convertible bonds

December 21, 2017 at 01:44 am EST

«NIREUS AQUACULTURE SA» announces that on Wednesday 27.12.2017, commences the trading of the new 2.519.444 common registered shares resulting from the increase of its Share Capital by 755.833,20 euro, from the conversion of 56.561 convertible bonds to 2.519.444 shares, of the Convertible bond loan issued on 12.07.2007. According to the amendment of the Convertible bond loan dated on 10.26.2015, each one (1) bond gives to the bondholders the conversion right to 44,3871 common shares of nominal value 0,30 euro each (conversion ratio) with voting right and the conversion rate is 0,31 euro per share (conversion price) in accordance with the decision of the 1st Iterative General Meeting of the Shareholders dated on 05.04.2015 in conjunction with the proxy that was taken on 26.10.2015 by the resolution of the Board of Directors.

Following the above Share Capital of the Company will amount to 88.205.043,60 euro divided into 294.016.812 new common registered shares of a nominal value of euro 0,30 each while the new number of bonds of the convertible bonded traded on the Athens exchange Market will amount to 1.717.598 bonds.

The above increase, which is not a direct amendment of the Articles of Association, was certified by the Company's Board of Directors on 24.10.2017 and registered at the GEMI of the Ministry of Development under the relevant announcement No. 125503 / 15.11.2017. The Corporate Actions Committee of the Athens Stock Exchange at its meeting on 19.12.2017 approved the listing of the above 2.519.444 new common registered shares of the Company. The new shares will be credited on the commencement date of trading on the shareholders' Shares and Accounts in the Dematerialized Securities System (DSS).

According to the EU Regulation 2017/1129 of the 'European Parliament and Council of 14 July 2017' Article 1 (5) (b), the Company will not issue a Prospectus, as preformed in the previous exercise of 'conversion rights', because the new shares are in the same category as those that have already been admitted for trading on the same Main market and for the period 21.10.2016 to 23.10.2017 a total of 2.734.717 shares have been converted into shares, namely 0,8649% less than 20% of the already listed number of NIREUS SA's shares (291.282.095 shares).

For further information, shareholders may contact Mrs Korina Melioti, Shareholders Relations & Corporate Announcements Officer, tel +30 210 66 98 224 e-mail :k.melioti@nireus.com

Nireus SA published this content on 21 December 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 21 December 2017 06:44:06 UTC.

Original documenthttp://www.nireus.com/90_2_ea12-ea2607/Listing-of-the-new-shares-of-NIREUS-SA-resulting-from-the-conversion-of-the-Companys-convertible-bonds

Public permalinkhttp://www.publicnow.com/view/02D98D7A489EDC7F2B043B93743DC18C22E8EE97

Latest news about Nireus Aquaculture S.A.

Nireus Aquaculture S.A.(ATSE:NIR) dropped from ATHEX Composite Index	19-12-30	CI
Andromeda Seafood Limited acquired an additional 5.69% stake in Nireus Aquaculture S.A. from Natalia Zolotova for €3.7 million.	19-12-29	CI
Andromeda Seafood Limited completed the acquisition of 74.34% stake in Nireus Aquaculture S.A. from National Bank of Greece SA, Investment Arm, EFG Eurobank Ergasias S.A., Investment Arm, Piraeus Capital Management S.A. and Alpha Ventures A.E.	19-11-26	CI
Bitsakos, G. & P., Aquaculture S.A. and Kefalonia Fisheries S.A. completed the acquisition of bulk of the seabass and sea bream farms from Nireus Aquaculture S.A. and Selonda Aquaculture SA.	19-10-29	CI
Bitsakos, G. & P., Aquaculture S.A. and Kefalonia Fisheries S.A. signed a agreement to acquire Bulk of the seabass and sea bream farms from Nireus Aquaculture S.A. and Selonda Aquaculture SA.	19-08-12	CI
Nireus Aquaculture Sa Reports Earnings Results for the Full Year Ended December 31, 2018	19-04-18	CI
Andromeda Seafood Limited agreed to acquire 74.34% stake in Nireus Aquaculture S.A. from National Bank of Greece SA, Investment Arm, EFG Eurobank Ergasias S.A., Investment Arm, Piraeus Capital Management S.A. and Alpha Ventures A.E. for €10 million.	18-06-19	CI
Nireus Gmbh announced that it expects to receive €3.9 million in funding from Nireus Aquaculture S.A.	17-11-21	CI
Nireus Aquaculture S.A. Announces Earnings Results for the Six Months of 2017	17-09-10	CI
Nireus Aquaculture S.A.(ATSE:NIR) added to ATHEX Composite Index	17-06-22	CI
Nireus Aquaculture S.A.(ATSE:NIR) dropped from ATHEX Composite Index	17-05-30	CI
Nireus Aquaculture S.A.(ATSE:NIR) added to ATHEX Composite Index	17-05-25	CI
Nireus Aquaculture S.A. Reports Earnings Results for the Full Year of 2016	17-03-28	CI
Nireus Aquaculture SA Announces Group Earnings Results for the First Nine Months of Ended November 30, 2016	16-11-29	CI
Nireus Aquaculture SA Announces Group Earnings Results for the First Quarter of 2016	16-05-30	CI
Nireus Aquaculture SA Reports Earnings Results for the Full Year of 2015	16-03-30	CI
An unknown Turkish businessman cancelled the acquisition of Ilknak As from Nireus Aquaculture SA and others.	16-01-22	CI
An unknown Turkish businessman cancelled the acquisition of 99.9% stake Miramar Su Urunleri VE Balik Yemi Uretimi Sanayi Ve Ticaret A.S. from Nireus Aquaculture SA, Miramar Projects Co., Ltd. and Proteus Equipment S.A.	16-01-20	CI
National Bank of Greece S.A., Eurobank Ergasias S.A., Piraeus Bank S.A., Piraeus Leasing S.A. and Alpha Bank A.E. acquired a majority stake in Nireus Aquaculture SA.	15-12-01	CI
Nireus Aquaculture SA Reports Group Earnings for the Third Quarter and Nine Months Ended September 30, 2015	15-11-29	CI
Nireus Aquaculture SA completed the acquisition of 73.54% stake in Sea Farm Ionian S.A.	15-11-03	CI
Nireus Aquaculture SA Reports Earnings Results for the First Six Months of 2015	15-08-30	CI
Nireus Aquaculture SA acquired remaining 50% stake in Proteus Equipment S.A. from Aristides Belles, Nicholaos Chaviaras and Pantelis Lamprinoudis for €1.4 million.	15-07-29	CI
Nireus Aquaculture SA agreed to acquire 73.54% stake in Sea Farm Ionian S.A.	15-03-30	CI
Nireus Aquaculture SA Auditor Raises 'Going Concern' Doubt	15-03-30	CI

Chart Nireus Aquaculture S.A.

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Company Profile

Nireus Aquaculture SA is a Greece-based company engaged in marine aquaculture. The Company is active in the production, marketing and distribution of fish, aquaculture products, fish feed and fish farming equipment. Fish farming products include, among others, sea bream, sea bass, common sea bream, sharp snout sea bream, salmon Meagre and Pagrus. Fish processing unit is involved in the production and trade of processed fish for the retail sector and dining establishments in both the domestic and foreign markets and is carried out though its subsidiaries. Fish feed products are manufactured at the Group's Feedus factory, which supports both the Group and the other companies in the sector, whereas fish farming equipment includes nets and cages. The Group exports to over 35 countries countries.

Sector

Fishing & Farming

More about the company

Sector Aquaculture

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Aquaculture