Ermes Department Stores PLC announced that shareholders unanimously approved a special resolution to reduce the company’s issued share capital during an extraordinary general meeting held on Friday.
The approved resolution provides for the reduction of the company’s issued share capital from €59,500,000.00 , which is currently divided into 175,000,000 ordinary shares with a nominal value of €0.34 each, to a reduced figure of €59,329,901.40 , divided into 174,499,710 ordinary shares
