The Management of the Anonymous Company under the trade name 'FLEXOPACK SOCIETE ANONYME COMMERCIAL AND INDUSTRIAL PLASTICS COMPANY' and distinctive title 'FLEXOPACK S.A.' (hereinafter referred to as the 'Company'), following the resolution of the Board of Directors as of 3rd March 2020, hereby announces that on 9th March 2020 was signed the Bond Coverage Contract via private placement pursuant to the provisions of Law 4548/2018 and Law 3156/2003, as currently in force, of total nominal value 4.500.000 Euro with bond holder the Anonymous Banking Company under the trade name 'ALPHA BANK S.A.', also designated as Payment Agent and Representative of the Bondholders.

The product of the above mentioned Common Bond Loan will be used by the Company as follows: (a) amount of 3.928.560 Euro for the refund of existing lending and (b) amount of 571.440 Euro for the support of its corporate activity.

Koropi, 9th March 2020

For 'FLEXOPACK S.A.'

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Flexopack SA published this content on 09 March 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 March 2020 15:52:04 UTC