Μetlen Energy & Metals S.A. (“the Company”) hereby announces that according to the terms of the Common Bond Loan issued on 10/07/2023 by the Company (“the Bond Loan”), the record date for the beneficiaries of interest for the 2nd interest period is Tuesday July 9, 2024.
As of Monday July 8, 2024 (Ex-coupon date) the Company's bonds in connection to the Bond Loan will be traded on the Athens Exchange without the right to receive the interest corresponding to the 2nd interest payment period.
The gross interest amount for the 2nd Interest Period which corresponds to 500,000 bonds currently traded on the Organized Market of the Athens Stock Exchange is €10,111,111.11 i.e. €20.222222 per bond, of nominal value 1,000 euros, and has been calculated at an annual interest rate of 4.00% (before tax), on an actual over 360 basis (act/360).
The payment of the interest amount due to the bondholders will take place though “HELLENIC CENTRAL SECURITIES DEPOSITARY S.A.” (ATHEXCSD) on Wednesday July 10, 2024, as follows:
a) to heirs of deceased beneficiaries whose titles are kept in the Deceased’s Account, under the management of ATHEXCSD according to D.S.S. Operations Regulation,
b) in cases where the beneficiary holds his titles in a securities/brokerage firm under liquidation or in a special provisional transfer account, the payment of the amount due will be made: i) through ATHEXCSD within one (1) year from the date of payment (to the legal heirs after the completion of their legalization), and ii) through a cash deposit in the Consignment Deposits and Loans Fund (TPD) after the lapse of one (1) year.
It is hereby noted that in accordance with current legislation, the right to collect interest amount expires, if not collected within the time limit of five (5) years, and any relevant amount shall be reimbursed to the Hellenic Republic.
