Decisions of Extraordinary General Meeting held on 20.09.2019
Ιn accordance with paragraph 220.127.116.11 of the Athens Stock Exchange Regulation, we announce the following:
An Extraordinary General Meeting of shareholders of AVAX SA was scheduled for Friday, 20.09.2019 at 13:00 at the Company headquarters, located at 16 Amarousiou-Halandriou Street in Marousi, Greece to discuss the following agenda:
- Adjustment of company share capital because the share capital increase decided by the Extraordinary General Meeting of shareholders on 27.03.2019 did not materialise. Amendment of article 5 of the Corporate Charter.
- Increase of the share capital of the Company up to the amount of twenty million euro (€20,000,000.00) through a cash issue offering rights of participation to all its shareholders, at an issue price of €0.30 per share for a total of 66,666,666 new common registered shares. Amendment of article 5 of the Corporate Charter.
- Amendment of article 3 of the Corporate Charter.
- Compliance of the Corporate Charter with the provisions of Law 4548/2018 and its amendments.
No shareholders attended the General Meeting.
Therefore, the General Meeting lacked the required quorum to permit participation to shareholders who registered their intention to participate after the 15.09.2019 record date, and proceed to discuss and vote on the items in the agenda.
According to the initial invitation to shareholders, in the event of failure to reach quorum in the assembly, a Repeat General Meeting has been scheduled for Thursday, 26.09.2019 at 13:00 at the Company Headquarters with the same agenda. It should be noted that no invitation to shareholders for the repeat general meeting will be published, according to article 130 of Law 4548/2018 and its amendments.
Marousi, September 20, 2019
THE BOARD OF DIRECTORS