ELVALHALCOR HELLENIC COPPER AND ALUMINIUM INDUSTRY S.A.
Comments
HALCOR, S.A., announces to the company''s shareholders that, according to art. 53 of L 3371/2005 (Folio No 178/14-7-05 of the Greek Official Gazette) and the decision No 13/375/17-03-2006 of the Board of Directors of the Capital Market Committee, the fractional rights on the company s shares, resulting from its merger trough the absorption of FITCO, S.A. at the ratio: 0,78084608539 shares of HALCOR for one (1) share of FITCO, (date of approval by the G.M.: 30/06/2006, opening date of the new shares in the Athens Exchange: 14-07-2006), will be sold, after the expiration of the six months time limit required by the Law, on 13-01-2007, through the Athens Exchange and the following procedure: By decision of the Capital Market Committee, following a relevant request of the company, the permission for the sale will be granted and the Athens Exchange member, who will perform the sale, will be appointed, the shares to be sold will be determined and the starting date of the sale procedure will be fixed. The amount, derived from the sale in question, will be deposited, at the disposal of the beneficiaries shareholders, to the Consignations and Loan Fund. More relevant details concerning the starting date of the sale, its result, the date of the beginning of the payment of each share right and the supporting documents, required to be submitted, by each shareholder, at the Consignations and Loan Fund, will be announced by the company, through a new notice. For further information the shareholders can contact the shareholders communications officer of the company Mr. E. Kotsios (tel.: 22620-48630).