CONCERNING THE INTRODUCTION FOR TRADING OF "INTRALOT" SECURITIES IN THE ATHENS STOCK EXCHANGE IN THE FRAMEWORK OF THE ANNUAL APPLICATION OF THE STOCK OPTION PLAN
INTRALOT (hereinafter referred to as the "Company"), in the framework of a) the annual application of the Stock Option Plan (Plan I), approved by the extraordinary General Assemblies of the Shareholders held on 28.2.2001 and 27.9.2001, to the Management and the employees of the Company and the companies associated with the Company, and b) the application of the Stock Option Plan (Plan II), approved by the extraordinary General Assemblies of the Shareholders held on 4.5.2005 and 22.9.2006, to the Company Management, and the General Directors and Directors of the Company and its subsidiary companies in Greece and abroad, and
following the Information Bulletin the Company made available to the investors pursuant to article 4 par. 1.e, L. 3401/2005, informs the investors as follows:
- In the framework of the application of Plan I, as described by the Company in an announcement to the investors and the Capital Market Committee on 30.11.2006, the procedure of exercising the option rights by the beneficiaries (stock option plan) during the year 2006 has been completed.
On the basis of Plan I, the price at which each new share will be issued, whenever the Rights are exercised, is 5.87 euro per share; based on the as of 16.09.2005 decision of the Board of Directors of the Company (and in implementation of the decisions of the Company General Assembly of Shareholders, which provide that in case of a change in the number of the Company shares, both the number of shares of the beneficiary and the price of purchase of these shares, shall be readjusted so that the participation percentage of each beneficiary in the Company Share Capital is not modified), the price of issue of new shares, during the current year and for the following years, was set at the amount of 2.935 euro per share, due to the increase of the Company Share Capital based on the decision of the General Assembly held on 4.5.2005 and the issue of one new share for each old share. According to the procedure, out of a total of 13 beneficiaries (employees of the Company and associated companies) who have not fully exercised the right granted, 9 beneficiaries exercised the stock options right before expiry of the deadline, for a number of 18.836 common nominal shares (out of a total of 35.220 rights on common nominal shares, that were granted and not exercised until the year 2006). The amount paid, which corresponds to exercising the stock options right, comes to the total sum of 55,283.66 euro.
The INTRALOT Board of Directors decided, during its meeting held on 16.12.2006, to increase the share capital of the Company due to the exercise of the aforementioned stock option rights, pursuant to article 13§9 of Codified Law 2190/1920, by 6,969.32 euro through the issue of 18,836 common nominal shares, with a nominal value of 0.37 euro each; during its meeting held on 18.12.2006, the Board of Directors certified the registration of the abovementioned increase and the above par premium of six thousand nine hundred sixty-nine euros and thirty-two cents. On 22.12.2006, the Ministry of Development, by means of the announcements No. Κ2-18150 and Κ2-18151, proceeded to the registration in the Registar of Societe Anonyme Companies, of the Company information concerning the abovementioned share capital increase, as well as the certification of the capital increase.
The Company will proceed to all legal actions, in accordance with the legislation in force, so that the new shares are introduced for trading in the Athens Stock Exchange.
- In the framework of the application of Plan ΙI, as described by the Company in an announcement to the investors and the Capital Market Committee on 30.11.2006, the procedure of exercising the option rights by the beneficiaries (stock option plan) during the year 2006 has been completed.
Based on Plan IΙ, the price at which each new share will be issued, whenever the Rights are exercised, is 10 euro per share.
According to the procedure, out of a total of 72 beneficiaries, 68 beneficiaries exercised the stock options right before expiry of the deadline for a number of 936,345 common nominal shares (out of a total of 1,000,000 granted rights on common nominal shares); the amount paid, which corresponds to exercising the stock options right, comes to the total sum of 9,563,450.00 euro.
The INTRALOT Board of Directors decided, during its meeting held on 16.12.2006 to increase the share capital of the Company due to the exercise of the aforementioned stock option rights, pursuant to article 13§9 of Codified Law 2190/1920, by 353,847.65 euro through the issue of 956,345 new common nominal shares, with a nominal value of 0.37 euro each; during its meeting held on 18.12.2006, the Board of Directors certified the registration of the abovementioned increase and the above par premium of three hundred fifty-three thousand eight hundred forty-seven euros and sixty-five cents. On 22.12.2006, the Ministry of Development, by means of the announcements No. Κ2-18152 and Κ2-18153, proceeded to the registration in the, Registar of Societe Anonyme Companies of the Company information concerning the abovementioned share capital increase, as well as the certification of the capital increase.
The Company will proceed to all legal actions, in accordance with the legislation in force, so that the new shares are introduced for trading in the Athens Stock Exchange.
Responsible persons to edit this information bulletin and to guarantee the accuracy of content:
1. Ioannis Pantoleon, General Director of Finance and Business Development, 64 Kifissias Ave & 3 Premetis Str., Marousi // tel. +30 210-61.56.000
2. Vasileios Vasdaris, Financial Director, 64 Kifissias Ave & 3 Premetis Str., Marousi // tel. +30 210-61.56.000
The information bulletin is available at INTRALOT headquarters (64 Kifissias Ave & 3 Premetis Str., 15125 Marousi), as well as on the Company''s Internet webpage (http://www.intralot.com). For more details, please contact the INTRALOT headquarters during office hours (64 Kifissias Ave & 3 Premetis Str., Marousi // Shareholder Services Department) // tel. +30 210-61.56.000).