The Board of Directors of the company “INTERCONTINENTAL INTERNATIONAL REAL ESTATE INVESTMENT COMPANY” with the distinctive title “INTERCONTINENTAL INTERNATIONAL REIC”, with no. of the Hellenic Business Registry: 120108101000, announces to the investors that in compliance with the requirements of the existing legislation (No 16 Κ.Ν. 2190/1920, the EU Regulation 596/2014 and 1052/2016, Directive 2012/30 / EU) will proceed on 06/03/2019 and for the period up to 05/03/2020 in the implementation of its Own Shares Purchase Program approved by the Annual General Meeting of its shareholders on 05/03/2019 and was specified according to the decision of its Board of Directors dated on 06/03/2019 (which was authorized by the above mentioned decision of General Assembly). The acquisition of the own shares in the implementation of the above Program will amount up to 10% of the Company’s currently paid share capital, up to the amount of 4,200.000.00 euros. The acquisition of the own shares will be made with a maximum purchase price of the book value of the share and a minimum of two euros (2.00), and with a maximum daily trading volume of 25% of the average daily trading volume of the previous 20 meetings. The acquisitions of the own shares will be made according to the all legitimate purposes that provided from the National and Community law. The Board of Directors of the Company will ensure that the necessary information of the program and the related transactions is ensured on a regular basis not later than the day following the trading day and before the commencement of trading of the company’s shares in the ATHEX.
ANNOUNCEMENT OF THE COMPANY’S OWN SHARES PROGRAM
christina 2019-06-04T17:45:36+00:00 June 4, 2019|