Thrace Plastics and Commercial S A : Commencement of Share Buy-Back Plan
June 07, 2021 at 01:57 am EDT
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The Management of Societe Anonyme under the name 'THRACE PLASTICS HOLDINGS AND COMMERCIAL COMPANY SOCIETE ANONYME' and with the distinctive title 'THRACE PLASTICS CO S.A.' (hereinafter referred to as the 'Company'), pursuant to the resolutions of the Ordinary Annual General Meeting of shareholders as of May 21, 2021 and of the Board of Directors as of June 4, 2021, announces the commencement of the share buy -back plan, in accordance with the provisions of article 49 of Law 4548/2018, as in force, and in particular the purchase of a maximum of 4,341,876 common registered shares, with a purchase price range from fifty eurocents (€0.50 Euro) per share (minimum price) to ten Euro (€10.00) per share (maximum price) and with expiry date of the above share buy-back plan on May 21, 2023.
Purchases will be made in accordance with the applicable regulatory framework.
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Thrace Plastics Co. SA published this content on 07 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 June 2021 05:56:04 UTC.
Thrace Plastics Holding and Commercial Societe Anonyme, formerly Thrace Plastics Co SA, is a Greece-based company engaged in the production and trade of plastic products, textiles and packaging materials. The Company's range of products are divided into three categories: Technical Fabrics & Fibers, which includes such products as woven and non-woven geotextiles, ground covers, crop covers, nets, roofing membranes, staple fibers, concrete reinforcement fibers, geogrids, Mega bag components and carpet and industrial yarns; Consumer Packaging, which offers plastic containers and lids, cups, tubs, bottles, bags for liquid packaging, as well as plastic packaging for food products, and Industrial Packaging, which includes ropes and twines, big bags, films, woven polypropylene bags, bags for heavy duty, pallet covers, and stretch hoods. The Company operates through its local and international subsidiaries.
THRACE PLASTICS HOLDING COMPANY S.A. 
