Pre-Notification of stock exchange transactions
Α. DATA OF SHAREHOLDER OBLIGED TO NOTIFY
Natural person: Name & Surname
Charalampos Vovos Father's Name Armodios
Legal Person: Company Name
Β. DATA OF THE COMPANY / SHARES
Company Name: Babis Vovos International Construction S.A.
Category of Shares (Common Shares / Preferred Shares): Common, registered, with voting rightsAcquisition / Disposal of Rights Disposal of rights
C. PERCENTAGE OF CURRENT STAKE OF THE SHAREHOLDER OBLIGED TO NOTIFY IN THE SHARE CAPITAL OF THE COMPANY
Percentage 73.88%
D. DATA OF TRANSACTION / TRANSACTIONS
Form of transaction (Purchase / Sale): Sale
Intended Volume of transactions (Number of shares) 3,693,280
% of the total of shares: 10.885%
Time period for transactions From 1 October 2004 Until 31 December 2004
Member of the Athens Exchange through which the transactions will be effected
1. NATIONAL Securities SA;
2. ALPHA FINANCE Brokerage Investment Services SA.
Remarks/ Clarifications
1. The intention to dispose of the above shares is combined with the intention of the company Babis Vovos International Construction S.A. to dispose of up to 3,092,730 own shares, which represent 9.115% of the total share capital of the aforementioned company.
2. The sale of the aforementioned shares as well as the sale of the own shares of the company Babis Vovos International Construction S.A. will be effected by way of book building and will be addressed to a limited number of institutional investors. Deutsche Bank AG London will be the Global Coordinator and Sole Book-runner in relation to the offering of the aforementioned shares and of the own shares of the company Babis Vovos International Construction S.A.
3. NATIONAL Securities SA and ALPHA FINANCE Brokerage Investment Services SA will be appointed also as selling agents in relation to the sale of the aforementioned shares and of the own shares of the company Babis Vovos International Construction S.A. to institutional investors in Greece.
4. The intended volume of transactions which will be finally effected (please refer under D above), as absolute number and as absolute percentage of share capital of the company Babis Vovos International Construction S.A., may increase in case of increased demand by institutional investors. In any case, the maximum number of shares to be sold by the shareholder Charalampos Vovos son of Armodios in the company Babis Vovos International Construction S.A. will not exceed 7,086,280 shares, i.e. 20.885% of the share capital of the aforementioned company.