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Information on admission to trading
2023.08.31.
In accordance with Sections 55 of Act CXX of 2001 on the Capital Market and to comply with the disclosure requirement set out in Annex 4 in PM Decree No. 24/2008. (VIII. 15.), AutoWallis Plc. (registered seat: 1055 Budapest, Honvéd utca 20.; hereinafter: “Company”) hereby informs market participants as follows.
As closing of the transaction for the acquisition of Wallis Autómegosztó Zrt. (registered seat: 1033 Budapest, Kórház utca 6. 12.; company registration number: 01-10-141923) by the Company, 50,750,906 pcs dematerialised ordinary shares of the Company with a nominal value of HUF 12.50 each and a total nominal value of HUF 634,386,325 have been admitted to trading on the stock exchange on 31 August 2023 (by resolution no. 240/2023 of the Budapest Stock Exchange Plc.), with the result that the details of the Product List were amended accordingly. The ordinary shares of the Company as defined above have been settled by KELER Zrt. on the same value date.
Wallis Group has agreed to lock up the shares (38,059,627 pcs) acquired by it for a period of 12 months. This is in line with Wallis Group’s previous statement that it continues to view AutoWallis as a strategic investment, supports management’s plans and intends to retain its majority stake in the Company on a long-term basis.
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