ANNOUNCEMENT
Alumil administration, announces that it proceeded with a capital increase in subsidiary company ALUMIL BULGARIA S.R.L. for the amount of € 4.2 mil. by capitalization of receivables.
Specifically, the total paid up capital of the subsidiary amounts to € 4.965.982,11. ALUMIL's participation percentage increased to 99.98%.
Furthermore, ALUMILS.A.announces the capital increase in subsidiary ALUFILS.A.for the amount of € 14.1 mil. by capitalization of receivables.
Specifically, the total paid up capital of ALUFILS.A.amounts to € 22.812.951. ALUMIL's participation percentage remained to 100%.
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ALUMIL is ranked among the largest aluminium extrusion and profiles production private European groups (No1 inGreece since 2000) establishing production sites, large sales networks and warehouses for products targeting architectural & industrial use, shipbuilding, transportation, etc. With 29 subsidiaries, 21 of which are spread throughout Europe, Africa and the Middle East, ALUMIL provides production sites in four Hellenic industrial areas,Romania,Bulgaria,Serbia,Bosnia andAlbania. ALUMIL has successfully infiltrated into 45 markets in Europe, the Balkans, the M. East and in theU.S.A. A significant competitive advantage remains its widespread sales network inGreece and in every client-country. Parent company was founded in 1988 and since 1998 is listed in the Athens Stock Exchange. Included eight times in GrowthPlus' Europe's 500 for its contribution to the European economy, ALUMIL Group sales surpassed €202.5 m. in 2010, EBITDA reached €21.3 m. Alumil is an associated member of the European Aluminium Association as a recognition of the Company's significant contribution to the field of design and production of architectural aluminium systems, and industrial profiles.
(Symbols:AthensStock Exchange: ΑΛΜΥ, Reuters: ALMr.AT, Bloomberg: ALMY GA, Telerate (Bloomberg): GR;ALMY).
Filoktimon Vakalis | Group Investor Relations & Research
Tel: +30 2341079300 | Fax: +30 2341071988 | Investors@Alumil.com
Kilkis Industrial Area | 61100 Kilkis | Greece| www.alumil.com