EUROMEDICA S.A. MEDICAL SERVICES hereby announces that its Board of Directors convened on 22/8/07 with the sole item on the agenda being the certification of the payment of the amount of euro 60 million resulting from an increase in its Share Capital, as it was decided by decision of the Extraordinary General Meeting (EGM) of Shareholders on 30/06/07.
The following strategic investors undertook to cover the above amount: "AXON HOLDINGS S.A.", which has paid in euro 10 million and shall undertake 1,250,000 new common registered shares, and HEALTHCARE INVESTORS (GREECE) L.L.C., which has paid in euro 50 million and shall undertake 6,250,000 new common registered shares.
All 7,500,000 new common registered shares have a nominal value of euro 1.55 each and their selling price is euro 8.00.
The participation of "AXON HOLDINGS S.A." in the Companys share capital before the above increase in share capital amounted to 49.89%, whereas it held 65.74% of all voting rights.
Following the above increase, the aforementioned percentages have changed to 43.32% and 56.03% respectively.
Following its participation in the above share capital increase, "HEALTHCARE INVESTORS (GREECE) L.L.C." holds 16.49% of the Companys share capital and voting rights.
The Company Board of Directors has unanimously certified the payment of the amount of euro 60 million and the full coverage of the amount by the approved increase in its Share Capital.
The Company shall make a new announcement regarding the listing of the new shares once it has received the required approvals of the supervisory authorities.