The Board of Directors of the company VETERIN S.A. announces that on Friday 01/06/2007 the trading of the 163,433,370 new Common Registered shares of VETERIN S.A., that were issued from the share capital increase of the company VETERIN S.A. due to merger by absorption of the companies LAMDA DETERGENT S.A., EBIK S.A. and ELPHARMA S.A. will commence on the Athens Stock Exchange.
The commencing trading price of the shares of the (absorbed - listed) company VETERIN S.A. on the Athens Stock Exchange will be specified by the Athens Stock Exchange Regulation, in combination with Decision No. 35 of the Capital Market Committee.
It is noted that the exchange ratio for the shareholders of the merging companies is as follows: each shareholder of LAMDA DETERGENT S.A. will exchange 1 share they own with 1.56324382 new Ordinary Registered Shares of VETERIN S.A., with a nominal value of 0.30 Euro each. Each shareholder of ΕΒΙΚ S.A. will exchange 1 share they own with 1.50822857 new Ordinary Registered Shares of VETERIN S.A., with a nominal value of 0.30 Euro each. Each shareholder of ELPHARMA S.A. will exchange 1 share they own with 0.89671033 new Ordinary Registered Shares of VETERIN S.A., with a nominal value of 0.30 Euro each. Finally, each shareholder of VETERIN S.A. will exchange 1 share they own with 0.79064823 new Ordinary Registered Shares of VETERIN S.A., with a nominal value of 0.30 Euro each.
Following the approval of the merger through Decision Ref. No. K2-7289/24.05.2007 by the Ministry of Development, the share capital of VETERIN S.A. amounts to 49,030,011 Euro and is divided into 163,433,370 Ordinary Registered Shares, with a nominal value of 0.30 Euro each.
During its session on 23.05.2007 the BoD of the Athens Stock Exchange approved the listing of the 163,433,370 new shares to the Athens Stock Exchange.
The document of Law 3401, Article 4, which was drafted with regard to the merger and was taken into consideration by the BoD of the Capital Market Committee on 17/05/2007 (conduct date of the BoD of the Capital Market Committee) is available to the public from 25/0572007 through the Athens Stock Exchange and the company offices of VETERIN S.A. (34 Pentelis Street, 17564, Paleo Faliro). Moreover, a copy of the document of Law 3401, Article 4, will be posted on the Athens Stock Exchange website at www.ase.gr, and to the company's VETERIN S.A. website at www.veterin.gr.
For more information, Shareholders may contact Companies' Investor Relations Office during office hours (Tel: 210 9460400, Investor Relations Officer).