It is announced by the company GERMANOS SA that 649,200 new common shares of the Company are listed on the Athens Exchange on τthe 24th January 2007, following the approval by the Athens Exchange''s BoD,. The 649,200 new common shares emerged from its recent share capital increase by 5,842,800 Euro, due to the exercise of stock options by the Company''s executives and employees, who correspond to a total of 65 individual, at an issue price of 9 Euro, according to the decision by the Ordinary General Shareholders'' Meeting on June 24th 2005 and the Board of Directors decision on 29/12/2006.
The aforementioned increase, which does not constitute a direct amendment of the Articles of Association, was certified by the Company''s BoD on 29/12/2006, following the decisions of the aforementioned General Meeting and was registered in the Societe Anonyme Registrar with the relevant announcement No. Κ2-18484/29/12/2006.
The BoD of the Athens Exchange, during its meeting held on the 18th January 2007 approved the listing of the above 649,200 new common registered shares of the Company.
By means of the company''s BoD decision, it is specified that the aforementioned new shares will trade on the Athens Exchange from the24th January 2007. From the same date, the initial trading price of the company''s shares on the Athens Exchange will be set according to the Athens Exchange''s Regulation and the new shares will have been deposited to the security accounts of the beneficiaries at the Dematerialized Securities System.
For further information shareholders may be informed by the relevant document which is also available from 8/1/2007 in electronic format at the company''s webpage http//ir.germanos.gr and at the Athens Exchange website http://www.ase.gr. Shareholders may also refer to the company''s Investor Relations Department (tel. + 30 - 210-6242469, Ms. Tatiana Fafaliou).