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    MIG   GRS314003005

MARFIN INVESTMENT GROUP HOLDINGS S.A.

(MIG)
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Marfin Investment S A : Share capital decrease by reduction in the nominal value of the shares

09/17/2021 | 06:02am EDT

17/09/2021

ANNOUNCEMENT

Share capital decrease by reduction

in the nominal value of the shares

"Marfin Investment Group Holdings Société Anonyme" (the Company") hereby

announces that further to the resolution of the Re-iterative Annual General Meeting of the Company's Shareholders dated 09/06/2021, which resolved that the share capital decrease by €187,902,149.60 through respective reduction in the nominal value of each share from €0.30 to €0.10 for writing off equal losses of previous years, the Company's share capital amounts to €93,951,074.80 divided into 939,510,748 registered shares of a nominal value of €0.10 each.

The Ministry of Development and Investments by the decision no 73028 dated 30/06/2021 approved the amendment of the relevant article of the Articles of Association of the Company. The Corporate Actions Committee of the Athens Exchange was informed on the reduction in the nominal value of the Company's shares at its meeting held on 16/09/2021.

Following the above, as of 21/09/2021 the Company's shares will start trading in Athens Exchange with the new nominal value of €0.10 per share.

Disclaimer

Marfin Investment Group SA Holdings published this content on 17 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 September 2021 10:01:06 UTC.


© Publicnow 2021
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Financials
Sales 2020 303 M 353 M 353 M
Net income 2020 -154 M -180 M -180 M
Net Debt 2020 970 M 1 129 M 1 129 M
P/E ratio 2020 -0,17x
Yield 2020 -
Capitalization 27,4 M 31,9 M 31,9 M
EV / Sales 2019 3,51x
EV / Sales 2020 3,29x
Nbr of Employees 1 975
Free-Float 68,8%
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Athanasios Efthymios Papanikolaou Chief Executive Officer & Executive Director
Christophe Francois Vivien Chief Financial Officer & Executive Director
Panagiotis Konstantinos Throuvalas Chairman
George Lassados Independent Non-Executive Director
Petros Spyridon Katsoulas Independent Non Executive Director
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