MARITIME COMPANY OF LESVOS S.A.
Announcement for the Increase of Company's Share Capital and the Distribution of Bonus Shares
NEL LINES would like to inform the investors that the Ordinary General Meeting of the company's shareholders, which took place on 24/06/2007, decided, amongst others, the increase of the company's share capital by 3.170.245,80 Euro with capitalization of such amount from the reserve formed from the difference in the issuance price of shares above par.
Such increase shall be effected with the issuance of 10.567.486 common shares, of face value 0,30 Euro each, and the bonus distribution to the company shareholders, in proportion of one (1) new common share for every ten (10) old common shares.
Following the above increase, the company's share capital amounts to 34.872.701,10 Euro, divided into 116.242.337 shares of a face value 0,30 euro each.
On 06/07/2007 the decision of the Minister of Development No. Κ2-10112 was registered in the Registry of Societes Anonymes by virtue of which the amendment of the respective clauses of the company's articles of association was approved. The Board of Directors of the Athens Exchange in its meeting dated 12/ 07/2007 approved the admission to trading of the above bonus shares in the Athens Exchange.
Beneficiaries of the above increase shall be the shareholders of the company upon adjournment of the trading session of the Athens Exchange on 17/ 07/2007. Beginning the following business day 18/ 07/2007 the company's shares shall be traded in the Athens Exchange without giving the right to participate in the above increase. Moreover, as from the same date the opening price of the company shares in the Athens Exchange shall be determined according to the Athens Exchange Rulebook.
The commencement of trading of the 10.567.486 new bonus common shares in the Athens Exchange is set out to be on 25/ 07/2007. As from the same date the above shares shall be credited in the DSS accounts of the beneficiary shareholders.
For further information, the shareholders may resort to the relevant document which is available at the company's offices (5, El. Venizelou, Mytilene) in hardcopy and in electronic form at the corporate website www.nel.gr and they can also contact the company's shareholder's service (tel. 210- 41 18 121, Mrs. Kofina).
Such increase shall be effected with the issuance of 10.567.486 common shares, of face value 0,30 Euro each, and the bonus distribution to the company shareholders, in proportion of one (1) new common share for every ten (10) old common shares.
Following the above increase, the company's share capital amounts to 34.872.701,10 Euro, divided into 116.242.337 shares of a face value 0,30 euro each.
On 06/07/2007 the decision of the Minister of Development No. Κ2-10112 was registered in the Registry of Societes Anonymes by virtue of which the amendment of the respective clauses of the company's articles of association was approved. The Board of Directors of the Athens Exchange in its meeting dated 12/ 07/2007 approved the admission to trading of the above bonus shares in the Athens Exchange.
Beneficiaries of the above increase shall be the shareholders of the company upon adjournment of the trading session of the Athens Exchange on 17/ 07/2007. Beginning the following business day 18/ 07/2007 the company's shares shall be traded in the Athens Exchange without giving the right to participate in the above increase. Moreover, as from the same date the opening price of the company shares in the Athens Exchange shall be determined according to the Athens Exchange Rulebook.
The commencement of trading of the 10.567.486 new bonus common shares in the Athens Exchange is set out to be on 25/ 07/2007. As from the same date the above shares shall be credited in the DSS accounts of the beneficiary shareholders.
For further information, the shareholders may resort to the relevant document which is available at the company's offices (5, El. Venizelou, Mytilene) in hardcopy and in electronic form at the corporate website www.nel.gr and they can also contact the company's shareholder's service (tel. 210- 41 18 121, Mrs. Kofina).