Announcement οn the sale of fractional shares Halandri, October 14, 2016

SIDMA S.A. (hereinafter called the Company) announces that, following its announcement, dated February 24, 2016, and according to Decision 109/27.9.2016 of the Hellenic Capital Market Commission (hereinafter the HCMC), LEON DEPOLAS SECURITIES S.A. was appointed as the Member of the Athens Stock Exchange (hereinafter the ATHEX) to execute the sale of the 439 dematerialized shares of the Company, resulting from fractional rights on the Company's new dematerialized shares, following the Company's share capital increase by EUR 252.000,45, due to the absorption of «PANELCO S.A.» in compliance with the provisions of the article 68 §2 and 69-77a, of the Greek Codified Law 2190/1920, the Commercial Law as well as the provisions of the article 54 of the Greek Law 4172/2013, in conjunction with the provisions of the Greek Law 2190/1920, followed by the issuance of 186.667 new shares, with nominal value of 1,35 EURO/share, approved at its Extraordinary General Meeting of the Shareholders, dated November 23, 2015.

The above sale of the 439 shares will take place on Tuesday October 25, 2016, according to the procedure provided for in article 2.3.6. of the Regulation of the ATHEX. The opening price for the sale of shares cannot be lower than six percent (6%) compared to the closing price of the previous trading date. LEON DEPOLAS SECURITIES S.A. will inform the Company, the ATHEX and the HCMC about the result of the sale. The net proceeds from the sale, after the deduction of any related fees and taxes, will be deposited with the Greek Loans and Deposits Fund, from where shareholders shall collect the amount of the proceeds they are entitled to on a pro rata basis. The result of the sale, the start of payment and the necessary documentation that shareholders must submit to the Greek Loans and Deposits Fund will be announced by the Company at a later date.

Sidma Steel Products SA published this content on 14 October 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 25 October 2016 14:30:03 UTC.

Original documenthttp://www.sidma.gr/files/deltia_tupou/2016/Announcement οn the sale of fractional shares.pdf

Public permalinkhttp://www.publicnow.com/view/6946C502082CAC5CE475B5592A47EDB36D957FC7