Home Commercial trading Profile: Announcement of the admission of free shares, resulting from the division of the Company’s shares

Profile: Announcement of the admission of free shares, resulting from the division of the Company’s shares

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Profile Software (Profile SA) wishes to inform its stakeholders that the Annual Ordinary General Meeting of shareholders of the Company, held on 12e May 2022, decided among other things to reduce the par value of the share from €0.47 to €0.23 and to increase them simultaneously to a total number of shares from 12,013,916 to 24,027,832 shares ordinary shares with voting rights (split).

In particular, the 12,013,916 new shares will be distributed free of charge to Company shareholders on the basis of 1 new ordinary registered share for 1 old ordinary registered share. After the above modification, the share capital of the Company will be set at €5,526,401.36, divided into 24,027,832 registered ordinary shares with voting rights, with a nominal value of €0.23 each. At the same time, a special reserve was formed, in accordance with Art. 31 par. 2 of Law 4548/2018, in the amount of €120,139.16 for the purposes of rounding off the new nominal value of the share.

26e In May 2022, the above was registered in the General Commercial Registry (GEMI) with registration code 2868671 and protocol number 2633247ΑΠ/26.05.2022 the decision (ΑΔΑ: 65Φ046ΜΤΛΡ-3Κ3) of the Ministry of Development and l’Investissement (General Secretariat of Commerce – Listed companies division) which approved the modification of article 5 of the Company’s bylaws.

The Securities Operations Committee of the Athens Stock Exchange, in its meeting of June 3, 2022, approved the admission to trading of the new free shares of the Company issued in accordance with the foregoing.

By decision of the Company, are defined:

a) the ex-date of the right to participate in the stock split is June 8, 2022. From the same date, the shares of the Company will be listed on the Athens Stock Exchange at the new nominal value, i.e. 0, €23 per share, without the right to participate in the distribution of free shares, and the starting price of the shares of the Company on the Athens Stock Exchange will be formed in accordance with the Regulations of the Athens Stock Exchange in conjunction with decision number 26 of the Board of Directors of the Athens Stock Exchange, as in force, and,

b) The beneficiaries of the corporate action above will be the shareholders of the Company who will be registered in the Register of Dematerialized Securities (DSS) on June 9, 2022, for the said listed company.

The start of the listing of the 12,013,916 new free registered shares on the Athens Stock Exchange is set for June 13, 2022. From the same date, the above shares will be credited to the stock and securities accounts of the shareholders in the DSS.

For further information, Shareholders can contact the Company’s Investor Relations Department (tel. 210-9301200 M. Vartan Afsaroglou).

Athens June 6, 2022