The company "PEIPERPAK INDUSTRIAL COMPANY EKTYPOSEOS, KYTIOPOIIAS AND PACKAGING TYPES CHARTINIS "informs the investing public that the Extraordinary General Meeting of Shareholders, held on 07/11/2012, decided, among other topics, increasing the nominal value of each share from € 0.30 to 0,90 Euro while reducing the total number of outstanding shares of 11.859.270 to 3.953.090 ordinary shares (reverse split), in a ratio 1 replacement new share 3 old shares. The same General Assembly decided to further reduce the nominal value of each share 0,90 In Euro 0,30 Euro by reducing and offsetting capital losses of 2.371.854 €. Following the above, the share capital of the company remains at the height of 1.185.927 €, divided into 3.953.090 ordinary shares, nominal value 0,30 Euros each. On 21/11/2012 registered in the Companies Register or Number. K2-7660 decision of the Minister approving the amendment of the Article of Association of the Company. The ase. at its meeting on 29/11/2012, approved the admission to trading of the above 3.953.090 new shares, nominal value 0,90 €, replacing the existing 11.953.090 common shares and updated for the further reduction of the nominal value of each share from 0,90 In Euro 0,30 Euro by reducing and offsetting capital losses of 2.371.854 €. With the company's decision, th 04/12/2012 defined as the last day of trading of 11,859,270 ordinary shares of the company on the Athens Exchange. On the next working day 05/12/2012  παύει προσωρινά th διαπραγμάτευση of the company’s shares προκειμένου να ολοκληρωθεί th αντικατάστασή τους, as defined above. Beneficiaries of the above corporate action are the shareholders who are registered in the DSS. of 07/12/2012 for such listed company. The trading of 3.953.090 new shares on the Athens Stock Exchange with the final nominal value 0,30 Euro per share, set for 12/12/2012. On the same date, the total number of shares of the company traded on the Athens. amounts to 3.953.090 ordinary shares with voting rights, The starting price at ase. will be adjusted according to the Regulation of the Athens Exchange and yparith,26 decision of Board. ATHEX. as is the case, and the new shares will be credited to the accounts and securities accounts of the Shareholders at the Dematerialised Securities System (DSS).   For more information, Messrs.. Shareholders may contact the Department of Company Shareholders (til.2102846800, Anna Rafailides).

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Download here Notice Introduction Due reverse split Shares and Further Reduction of Nominal Value the pdf.