Following an extraordinary General Meeting of its shareholders “ELVALHALCOR HELLENIC COPPER AND ALUMINIUM INDUSTRY S.A.” held by remote participation on real time by teleconference, decided to proceed on a bond issue according to the firm's official announcement.
Upon issuance, the common bond loan is to be listed in the Athens Stock Exchange.
In particular, it was decided, with 324.398.602 votes, i.e. with a majority of 100% of the votes represented in the General Meeting, to issue a common, interest-bearing, unsecured bond loan in accordance with Law 4548/2018 and the other applicable provisions, totaling up to the amount of two hundred and fifty million euros (€250,000,000.00) with a term (duration) of seven (7) years.
The placement of the bonds with public offering in Greece and their listing for trading on the Athens Stock Exchange, authorizing at the same time the Board of Directors of the Company to finalize the definite terms of the above bond loan and to take all legal and material actions that are or will be deemed necessary or expedient, in order to complete the issuance, offer and listing of the bonds on the Athens Stock Exchange.
These to be done with the possibility of providing further authorization to its members and / or Company executives to provide any necessary for the issuance, offer and listing of bonds on the Athens Stock Exchange, applications, statements and assurances on behalf of the Company as well as for the conclusion and signing of the contracts or any other document relating to the issuance of the bond loan, that may be deemed necessary for the completion of the issuance, placement and listing of the bonds on the Athens Stock Exchange.
In any case, it remains at the discretion of the Company’s Management to complete the process of issuing the above bond loan, taking into account the market conditions.
