March 3, 2003 On its session on February 27, 2003 the Board of Directors of the Athens Exchange approved the prospectuses of the following listed companies:
· ETHNIKI GREEK GENERAL INSURANCE COMPANY regarding a company’s share capital increase through a rights issue
· FANCO S.A. regarding a company‘s share capital increase due to a merger by acquisition of the company TRICOLAN S.A.
· DIEKAT S.A. regarding the transfer of the company’s shares from the Parallel to the Main Market of the Athens Exchange
· MULTIRAMA S.A. regarding a company’s share capital increase through a rights issue. The Board of Directors of the Athens Exchange also decided the classification of the company’s shares to the status ‘UNDER SUPERVISION’, in accordance with the provisions of the paragraph 1.1 of the Regulation No 64. A separate announcement will be issued by the Athens Exchange regarding this issue.
In accordance with the approved prospectuses:
· The company ETHNIKI GREEK GENERAL INSURANCE COMPANY proceeds to a company’s share capital increase by issuing:
21,517,800 new common registered shares with a preference right in favor of the existing shareholders and issue price of Euro 2.80 in terms of 6 new common registered shares for every 10 common shares held.
· The company FANCO S.A. proceeds to a company’s share capital increase by issuing 3,250,140 new common registered shares of a par value of Euro1.51, which will be distributed to the shareholders of the acquired company TRICOLAN S.A. in terms of 2.48766 new shares for each share held.
The shareholders of the acquiring company FANCO S.A. will retain the number of shares they hold (7,740,360 common registered shares) of a new par value of Euro 1.51.
· The company DIEKAT S.A. proceeds to the transfer of 14,249,202 common registered shares from the Parallel to the Main Market of the Athens Exchange without a public offering and a company’s share capital increase.
· The company MULTIRAMA S.A. proceeds to a company’s share capital increase by issuing:
2,641,040 new common registered shares with a preference right in favor of the existing shareholders and issue price of Euro 2.05 in terms of 7 new common registered shares for every 10 shares held.
On its session on February 27, 2003 the Board of Directors of the Athens Exchange approved:
· The listing of 6,606,500 common registered shares of the company GR. SARANTIS S.A. on the Parallel Market of the Athens Exchange.
· The listing of 4,740,000 common registered shares of the company LOGISMOS S.A. on the Parallel Market of the Athens Exchange.
· The listing of 2,882,461 bonds of the convertible bond loan of the company RIDENCO S.A.
On its session on February 27, 2003 the Board of Directors of the Athens Exchange approved:
· The listing of the 5,025,000 new common registered shares of the company ALSINCO S.A. that resulted form the conversion of an equal number of the company’s bearer shares.
· The listing of 27,165 new common registered shares of the company ELGEKA S.A. that resulted from a company’s share capital increase due to the exercise of a stock option plan by the members of the Board of Directors and Managerial Executives of the company.
· The listing of 1,388,175 new common registered shares of the company INTRALOT S.A. that resulted from a company’s share capital increase due to the exercise of a stock option plan by the members of the Board of Directors and staff of the company and associated companies.
· The listing of 20,121,710 new common registered shares of the company BALKAN EXPORT that result from a reverse split.
· The listing of 20,030,391 common registered shares of the company NAOUSSA SPINNING MILLS S.A. that resulted from:
a A reverse split and
b The conversion of 80,121,564 existing common bearer shares to common registered shares.
· The listing of 20,663,047 new common and 7,840,373 preferred registered shares of the company KLONATEX GROUP OF COMPANIES S.A. that resulted from:
a. A reverse split and
b. The conversion of 41,326,095 common and 15,680,746 preferred bearer shares to common registered shares.
The Board of Directors of the Athens Exchange was notified for:
· The increase of the par value of the share of the company INFORM P. LYKOS S.A. from Euro 0.46 to Euro 0.50.
· The increase of the par value of the share of the company NIMATEMPORIKI S.A. from Euro 1.1299 to Euro 1.13.
· The increase of the par value of the share of the company FANCO S.A. from Euro 1.51 to Euro 1.54.
· The increase of the par value of the share of the company ZAMPA S.A. from Euro 1.3734 to Euro 1.55.
On its session on February 27, 2003 the Board of Directors of the Athens Exchange approved:
· The brokerage company BETA SECURITIES S.A. as Market Maker on the Main and Parallel Markets of the Athens Exchange.
The Board of Directors of the Athens Exchange also determined the 11.03.2003 as the date of the start of market making of the common shares of the following listed companies:
· GOODY’S S.A. with MARFIN CLASSIC S.A. as Market Maker and
· RIDENCO S.A. with PROTON INVESTMENT S.A. as Market Maker.