Each share of the Company has all the rights and obligations determined by Law and the Company's statutes. However, the statutes cannot contain more limitations than those anticipated by the Law. The possession of shares means, ipso facto, that the owners accept the Company's statutes and all legal decisions of the Board of Directors and the General Assembly, even if they did not participate.
The Company's statutes do not contain special rights in favor of specific shareholders.
The dividend policy followed by the company in the last five years 2011 - 2015, is presented in the following table:
The Company’s share capital amounts to €16,624,192.00 divided into 51,950,600 registered shares with a nominal value of €0.32 each.
The evolution of the Company’s share capital until today, is as follows:
a) The increase of the GRD 5,195,060,000 share capital of the Company by GRD 469,633,424 through capitalization of GRD 400,924,792 from surplus value due to readjustment of the value of buildings and land-plots according to L.2065/1992 and through GRD 68,708,632 from the balance sheet account “share premium” with increase of the nominal value of total shares from GRD 100 to GRD 109.04 or €0.32.
b) The conversion of the share capital and the nominal value of shares to euro. Thus, the Company’s Share Capital fully paid up, amounts to GRD five billion six hundred and sixty four million six hundred and ninety three thousand and four hundred and twenty four (GRD 5,664,693,424) or euro sixteen million six hundred and twenty four thousand and one hundred and ninety two (€16,624,192) divided into fifty one million nine hundred and fifty thousand and six hundred (51,950,600) common voting shares with a nominal value of one hundred and nine GRD (GRD109.00) or thirty two cents (€0,32).
The Company's Share Capital Development is presented in the following table:
Future events to be announced soon.
View the Annual Report 2014 of our company online or download the pdf file.