November 26, 2002
On its session on November 25, 2002, the Board of Directors of the Athens Exchange approved the prospectus of the following listed company:
· G. GIANNOUSIS S.A. regarding a company’s share capital increase due to a merger by acquisition of the company LAN – NET COMMUNICATIONS S.A.
In accordance with the approved prospectus:
· The company G. GIANNOUSIS S.A. proceeds to a company’s share capital increase by issuing 7,744,000 new common registered shares of a par value of Euro 2.51, which will be distributed to the shareholders of the acquired company LAN – NET COMMUNICATIONS S.A. (1 old share will be exchanged with 0.88 new shares). The shareholders of the acquiring company G. GIANNOUSIS S.A. will retain the number of shares they own (3,990,000 common registered shares) at a par value of Euro 2.51.
The Board of Directors of the Athens Exchange was notified for:
· The increase of the par value of the share of the company HELLENIC TELECOM. ORGANIZATION S.A. from Euro 2.2 to Euro 2.39.
· The increase of the par value of the share of the company MICHANIKI S.A. from Euro 1.47 to Euro 1.48.
· The increase of the par value of the share of the company VIOHALCO from Euro 0.2935 to Euro 0.30.
· The change of the trade name of the company G. GIANNOUSIS S.A. to LAN – NET S.A.
· The increase of the par value of the share of the company PERSEFS S.A. from Euro 0.36 to Euro 0.37.
