INFORMATION NOTE OF THE ARTICLE 4 SECTION 2F OF THE LAW 3401/2005, REGARDING THE LISTING OF SECURITIES OF THE COMPANY IN THE FRAME OF THE IMPLEMENTATION OF THE PLAN OF DISTRIBUTION OF SHARES TO EXECUTIVES OF THE COMPANY AND ASSOCIATED COMPANIES IN THE FORM OF A STOCK OPTION PLAN.
Athens - February 12, 2007 - The company NIREUS AQUACULTURE S.A. (herein the Company) informs the public that following the decision of the Repeat Ordinary General Assembly of the company''s shareholders on 05/06/2006 and following the Information Note that it made available to the Investing Public in accordance with the article 4 section 1e of the Law 3401/2005 (which was filed with the Capital Market Commission, application protocol No. 24647/31.10.2006, was uploaded on the site of the company NIREUS S.A. and released in the Daily Official List Announcements of the Athens Exchange on 01/11/2006) in the frame of the annual implementation of the Stock Option Plan in favour of the company''s executives as well as executives of associated companies approved by the General Assembly of the company''s shareholders (herein "The Rights") informs the public regarding the final figures relevant to the implementation of the Plan, the issue price and number of securities distributed and the listing of which on the Athens Exchange will be requested as follows:
Of the total number of 35 executives of the company and associated companies to whom the offer was made, 34 executives responded with a written statement to the company''s Board of Directors regarding the exercise of their right.
The offer regarded the total number of 560,000 new shares, for the first year of the implementation of the Plan, of a par value of EURO 1.25 each, 494,350 of which were distributed.
The issue price of the new shares was Euro 2.286 per share.
The payment of the amount of the company''s share capital increase was completed on 27/12/2006 and was certified following the decision of the company''s Board of Directors on its session on 27/12/2006. The Ministry of Development, in accordance with its announcement No. K2 - 1981 dated 09/02/2007, recorded the Company''s particulars regarding the above - mentioned share capital increase and certification of the payment of the said share capital increase in the Register.
The amount paid from the exercise of the rights reached Euro 1,130,084.10. Consequently, the company''s share capital increased by the sum of Euro 617.937.50, through the issuance of 494,350 new shares, of a par value of Euro 1.25 each, while the surplus amount of Euro 512,146.60 will be carried to the account "Surplus from the issuance of shares above par." Following the above - mentioned company''s share capital increase, the company''s share capital will reach the total sum of Euro 51,165,773.75, divided into 40,932,619 shares of a par value of Euro 1.25 each.
The company is committed to proceed to all the legal actions, in accordance with legislation in force, so that the new shares will be listed on the Athens Exchange.
The person responsible for the drawing up of the information note and accuracy of the contents is Mrs Maria Lambrinou of George, Head of the Legal Department, 1st km. Koropiou-Varis Avenue, Demokritou street, Koropi, Attica, tel. No. 210 - 6698328.
The present information note is available at the company''s headquarters in Koropi, Attica - 1st km. Koropiou-Varis Avenue and Demokritou street Postal Code 194 00 and on the company''s site www.nireus.gr.
For further information, interested parties may contact the Investor Relations Department on working days and hours, tel. No 210 -6698335, Head of Department Mr. George Aloupis, at the company''s headquarters in Koropi, Attica, 1st km. Koropiou-Varis Avenue.