QUEST HOLDINGS S.A.
APPROVAL OF THE HELLENIC CAPITAL MARKETS COMMISSION TO AN APPLICATION BY INFO-QUEST S.A. IN RELATION TO THE EXERCISE OF A SQUEEZE OUT RIGHT
Info-Quest S.A. (the Offeror) announces the following:
1. The Hellenic Capital Markets Commission (the HCMC), pursuant to decision num. 3/449/19.10.2007 of its Board of Directors, has resolved as follows:
(a) The HCMC has approved the Offeror's application in relation to the exercise of a squeeze out right for the remaining shares of UNISYSTEMS S.A. (the Company), according to art. 27 of Law 3461/2006 and to art. 2 paragraph 1 of the 4/403/8.11.2006 Hellenic Capital Markets Commission decision (the Decision). (b) The HCMC has set Monday, November 12, 2007 as the date of cessation of trading of the Company's shares. It is hereupon clarified that the final day of trading of the Company's shares in the Athens Exchange is Friday, November 9, 2007.
2. In accordance with the provisions of the Decision, the Offeror will pay a cash consideration of Euro 2.10 per acquired share (the Consideration) and will pay the relevant clearing charges, which today equal 0.08% of the total transaction value, otherwise incumbent on the accepting Shareholders: (a) to Hellenic Exchanges S.A., who in turn will credit the relevant clearing accounts of all Company shareholders who have duly authorised their operators to receive payment of the Consideration on their behalf, and (b) to the Deposit and Loans Fund for all Company shareholders who have not authorised their operators to receive payment of the Consideration on their behalf.
3. The payment of the Consideration will take place within three (3) working days following the settlement of all transactions carried out on the last date of trading of the Company's shares in the Athens Exchange.
1. The Hellenic Capital Markets Commission (the HCMC), pursuant to decision num. 3/449/19.10.2007 of its Board of Directors, has resolved as follows:
(a) The HCMC has approved the Offeror's application in relation to the exercise of a squeeze out right for the remaining shares of UNISYSTEMS S.A. (the Company), according to art. 27 of Law 3461/2006 and to art. 2 paragraph 1 of the 4/403/8.11.2006 Hellenic Capital Markets Commission decision (the Decision). (b) The HCMC has set Monday, November 12, 2007 as the date of cessation of trading of the Company's shares. It is hereupon clarified that the final day of trading of the Company's shares in the Athens Exchange is Friday, November 9, 2007.
2. In accordance with the provisions of the Decision, the Offeror will pay a cash consideration of Euro 2.10 per acquired share (the Consideration) and will pay the relevant clearing charges, which today equal 0.08% of the total transaction value, otherwise incumbent on the accepting Shareholders: (a) to Hellenic Exchanges S.A., who in turn will credit the relevant clearing accounts of all Company shareholders who have duly authorised their operators to receive payment of the Consideration on their behalf, and (b) to the Deposit and Loans Fund for all Company shareholders who have not authorised their operators to receive payment of the Consideration on their behalf.
3. The payment of the Consideration will take place within three (3) working days following the settlement of all transactions carried out on the last date of trading of the Company's shares in the Athens Exchange.