May 5, 2003
On its session today, the ATHEX Board of Directors decided the following:
1. The amendment of decision No. 18/15-1-1999 in order to settle issues which concern the introduction of basket orders, the purchase of fixed income securities as well as the trading hours of listed shares (three and five hour continuous trading).
2. The amendment of the Ground Rules for the Management & Calculation of Indices of the Shares Market, in accordance with its decision taken on 23/12/2002 in respect with the development of a high velocity index. The index in question will be comprised of at least the first twenty (20) shares with the highest velocity or more, provided that they present a velocity of over 300%. For shares that their capitalization exceeds 8% of the total market value of the shares of this index, a weighting co-efficient will be calculated so that their participation to be limited to that particular percentage. May 30th, 2003 is defined as the index’s base date and 1000 units as the starting price.
3. As far as the new index of qualitative and quantitative criteria is concerned, the ATHEX Board considers as positive the development of such an index, but in order to make a definite decision, technical issues need to be further examined.
4. The removal of the shares of the company ‘LOGIC DATA INFORMATION SYSTEMS S.A.’ from the ‘under supervision status and their classification under a continuous trading status, as the requirements stipulated in Decision No.64/29-3-2001 are fulfilled.
5. The pricing policy for derivative products on exchange rates.
The ATHEX Board, on its session today also approved:
· The listing of the 9.000.000 common registered shares of the company ‘NEW CHEMICALS L.B. LAVRENTIADIS S.A.’ on the Parallel Market.
· The listing of Greek Government securities, issue 1/1/2003-31/3/03.
· The listing of the 166.350 new common registered shares of the company ‘QUALITY & RELIABILITY S.A. which resulted from the exercise of a stock option plan A Series by Members of the Board of Directors and other employees of the company and affiliated companies.
The ATHEX Board was also informed about:
· The increase of the par value of the share of the company ‘DOMIKI KRITIS S.A.’ from 0.40 euro to 0.48 euro.
The ATHEX Board approved and set as starting dates for the exercise of market making on the common shares of the following listed companies:
· QUALITY & RELIABILITY S.A.» with «PROTON SECURITIES S.A.» as a Market Maker, on 8/5/2003.
· NIREUS S.A. with PROTON SECURITIES S.A. as a Market Maker, on 12/5/2003.
· SELONDA AQUACULTURE S.A. with PROTON SECURITIES S.A. as a Market Maker, on 12/5/2003.
Also, the ATHEX Board on its session today approved:
· The company G.A. PERVANAS BROKERAGE FIRM to act as a Market Maker on the Main and Parallel Market of the ATHEX.
