THESSALONIKI WATER AND SEWAGE COMPANY SA
Capital stock increase with the distribution of free stocks
EYATH's (Water Supply and Sewerage Company of Thessaloniki S.A) Board of Directors would like to inform investors that the Special General Meeting of its stockholders which was held on the 7th of November 2007, has decided among other things, to increase the company's capital stock by twenty million three hundred twenty eight thousand Euros (20.328.000 Euros) due to the capitalization of taxed and non distributed earnings for the fiscal year 2006 from the special reserve created by non distributed earnings. The increase in question will materialize by issuing 18.150.000 common nominal stocks, of 1.12 euros nominal value each, and the free distribution to the company stockholders in a ratio of one (1) new common nominal stock per one (1) old common nominal stock.
Following the above increase, the company's capital stock now amounts to 40.656.000 Euros, divided in 36.300.000 stocks of 1.12 Euros nominal value each.
On the 19th of November 2007, the number K2-16550 decision of the Ministry of Development was registered in the S.A Registry, by which decision the modification of the relative article in the company Statute was re formed. The Board of Directors of the Athens Stock Exchange on its meeting on the 6/12/2007 has approved the introduction of the above new free stocks for dealing in the Stock Exchange.
By a decision of the company?s Board of Directors, it is determined that payees of the above increase will be stockholders holders of stocks- of the company on the end of the meeting of the Athens Stock Exchange of the 11th of December 2007. Starting the following working day, the company stocks will be available for dealing in the Stock Exchange, without any rights to participate in the above mentioned increase. Moreover, starting on the same date, the initiation price for dealing company stocks in the Athens Stock Exchange will be determined according to the Regulations of the Athens Stock Exchange.
On the 19/12/2007 the eighteen million a hundred fifty thousand (18.150.000) new free common nominal stocks will be available for dealing in the Athens Stock Exchange. Starting on the same date the above stocks will be credited to the Dematerialized Securities System accounts of the payee stockholders.
For further information stockholders can be informed by the relative printed material available from the 7/12/2007 in printed form and in electronic form, as well as address the Stockholders Service and Company Announcements Office of the company (tel.: 2310-286613, Mrs. Diamantopoulou Theodora).
Following the above increase, the company's capital stock now amounts to 40.656.000 Euros, divided in 36.300.000 stocks of 1.12 Euros nominal value each.
On the 19th of November 2007, the number K2-16550 decision of the Ministry of Development was registered in the S.A Registry, by which decision the modification of the relative article in the company Statute was re formed. The Board of Directors of the Athens Stock Exchange on its meeting on the 6/12/2007 has approved the introduction of the above new free stocks for dealing in the Stock Exchange.
By a decision of the company?s Board of Directors, it is determined that payees of the above increase will be stockholders holders of stocks- of the company on the end of the meeting of the Athens Stock Exchange of the 11th of December 2007. Starting the following working day, the company stocks will be available for dealing in the Stock Exchange, without any rights to participate in the above mentioned increase. Moreover, starting on the same date, the initiation price for dealing company stocks in the Athens Stock Exchange will be determined according to the Regulations of the Athens Stock Exchange.
On the 19/12/2007 the eighteen million a hundred fifty thousand (18.150.000) new free common nominal stocks will be available for dealing in the Athens Stock Exchange. Starting on the same date the above stocks will be credited to the Dematerialized Securities System accounts of the payee stockholders.
For further information stockholders can be informed by the relative printed material available from the 7/12/2007 in printed form and in electronic form, as well as address the Stockholders Service and Company Announcements Office of the company (tel.: 2310-286613, Mrs. Diamantopoulou Theodora).