Metlen Energy & Metals S.A. (the «Company») informs the investment public that the Annual General Meeting of its shareholders, held on 03.06.2025, resolved, among other matters, to increase the Company’s share capital by the amount of two hundred ten thousand four hundred ninety euros (€210,490.00), through the capitalization of an equal amount from distributable reserves, by issuing two hundred seventeen thousand (217,000) new common registered voting shares of the Company, with a nominal value of ninety-seven euro cents (€0.97) each.
Pursuant to this increase, 217,000 new common registered voting shares with a nominal value of €0.97 each were issued, which will be distributed for free to key management personnel or/and higher officers of the Company or/and affiliated companies, or/and persons that provide services to the Company on a permanent basis, as part of the implementation of the Long-Term Program for Free Distribution of Shares, as approved by the Annual General Meeting of shareholders on 15.06.2021 and as amended by the Annual General Meeting on 04.06.2024, in accordance with the provisions of article 114 of Law 4548/2018.
It is noted that the shareholders of the Company did not have pre-emptive right in this share capital increase, as it was conducted through the capitalization of reserves and pursuant to article 27, paragraph 2 of Law 4548/2018. Furthermore, no subsequent certification of payment of the increase is required, in accordance with article 20, paragraph 5 of the same Law.
The issuance of the above shares did not require the publication of a prospectus, as it falls under the exemption of article 1, paragraph 5(h) of Regulation (EU) 2017/1129.
The 217,000 newly issued shares represent 0.15% of the number of shares of the same category already listed and traded on the Athens Stock Exchange.
Following the above share capital increase, the Company's share capital amounts to one hundred thirty-eight million eight hundred fourteen thousand nine hundred sixteen euros and seventeen euro cents (€138,814,916.17), divided into one hundred forty-three million one hundred eight thousand one hundred sixty-one (143,108,161) registered shares with a nominal value of €0.97 each.
On 06.06.2025, the decision no. 3639431ΑΠ/06.06.2025 of the Division of Companies, Department of Listed Companies, of the General Division of Market and Consumer Protection of the Ministry of Development (Online Publication No. 63Χ646ΝΛΣΞ-Ν3Ω), was registered in the General Business Registry (GEMI) under Ref. No. 5396997, by which the amendment of article 5 of the Company’s articles of association was approved, as a result of the aforementioned share capital increase.
The Athens Stock Exchange, on 16.06.2025, approved the admission to trading of the above new free shares.
The new shares of the Company will be admitted for trading on the Athens Stock Exchange on 18.06.2025, and their opening price will be determined in accordance with the ATHEX Regulation and Decision No. 26 of the ATHEX Board of Directors, as currently in force. The new shares will be credited in the accounts held by the beneficiaries in the Dematerialized Securities System (DSS) of ATHEX.
For further information, interested parties may contact the Company’s Investor Relations Department – Shareholders’ Services Department during working days and hours (ir@metlengroup.com and (+30) 210 6877436).
