Viohalco S.A. — M&A Activity 2015

Jul 17, 2015

VIOHALCO SA 30 Avenue Marnix, 1000 Brussels, Belgium 0534.941.439 RPM (Brussels)

Announcement

Further to the announcement of "Viohalco S.A." (hereinafter the "Company"), as published on the website (www.viohalco.com) of the Company on Wednesday 15 July 2015, the indicative timeline of actions for the completion of the cross-border merger by absorption of the Greek company "Sidenor Holdings S.A." (hereinafter "Sidenor S.A.") by the Company, as this had been published by the Company on its website (www.viohalco.com) on 10 July 2015, will have to be amended due to the external circumstances occurred in the interim. The period for the exercise of the election right with regard to the delivery of the new shares in the Company is extended to (and including) 24.07.2015, when it expires.

The timeline of actions to be followed for the completion of the Cross Border Merger and the delivery of the new shares of Viohalco S.A. to Sidenor's S.A. shareholders, follows, as amended in the table below:

Date	Description of Action
10.07.2015	Shareholders Meetings in Viohalco S.A. and Sidenor S.A. regarding the approval of the Cross-Border Merger between the two.
10.07.2015	Start of Election Period for the delivery of the new shares.
17.07.2015	Pre-merger Certificate issued by the Greek Ministry of Economy, Infrastructure, Marine and Tourism.
22.07.2015	Signing of Belgian notarial deed for the completion of the cross border merger.
22.07.2015	Last trading date of Sidenor's S.A. shares on the Athens Stock Exchange and OTC trading.
23.07.2015	Delisting of Sidenor's S.A. shares from the Athens Stock Exchange.

24.07.2015	End of the Election Period.
29.07.2015	Delivery of Viohalco S.A. new shares to Sidenor's S.A. shareholders either through AthexCSD, or through a different custodian based on the exercise (or not) of their election right.
30.07.2015	Start of trading of Viohalco S.A. new shares simultaneously
	in Euronext Brussels and Athens Stock Exchange.

Viohalco S.A. notes that the above mentioned dates are only indicative and may be amended again based on further external circumstances.