GRIVALIA PROPERTIES R.E.I.C.
Full subscription of the share capital increase in cash in favour of existing shareholders
Full subscription of the share capital increase in cash in favour of existing shareholders
The Board of Directors of the Company Eurobank Properties R.E.I.C. (the "Company") informs its shareholders of the following:
The share capital increase of the Company in cash in favour of existing shareholders, resolved by the Extraordinary General Meetings of its shareholders on September 3, 2007 and October 15, 2007, was fully subscribed through the issue of 36,600,000 new ordinary registered voting shares.
Specifically:
(i) Those who exercised pre-emption rights during their exercise period, covered 93.18% of the share capital increase, corresponding to 34,103,456 new shares.
(ii) Those who exercised rights of employees covered 0.13% of the share capital increase, corresponding to 48,510 new shares.
(iii) Those who exercised the oversubscription rights covered 3.41% of the share capital increase, corresponding to 1,246,284 new shares.
(iv) 1,201,750 new shares that correspond to 3.28% of the share capital increase were offered in the Private Placement.
Following the above, the share capital of the Company increases by euro 77,958,000, through the issue of 36,600,000 new ordinary registered voting shares, of a nominal value of euro2.13 each.
The new shares resulting from the above share capital increase will be delivered to the beneficiaries in electronic (dematerialized) form by credit to their investor?s and securities accounts in the Electronic Dematerialised Securities System (DSS). The credit date and the starting date for trading of the new shares on the ATHEX will be announced in due course.
The Board of Directors of the Company Eurobank Properties R.E.I.C. (the "Company") informs its shareholders of the following:
The share capital increase of the Company in cash in favour of existing shareholders, resolved by the Extraordinary General Meetings of its shareholders on September 3, 2007 and October 15, 2007, was fully subscribed through the issue of 36,600,000 new ordinary registered voting shares.
Specifically:
(i) Those who exercised pre-emption rights during their exercise period, covered 93.18% of the share capital increase, corresponding to 34,103,456 new shares.
(ii) Those who exercised rights of employees covered 0.13% of the share capital increase, corresponding to 48,510 new shares.
(iii) Those who exercised the oversubscription rights covered 3.41% of the share capital increase, corresponding to 1,246,284 new shares.
(iv) 1,201,750 new shares that correspond to 3.28% of the share capital increase were offered in the Private Placement.
Following the above, the share capital of the Company increases by euro 77,958,000, through the issue of 36,600,000 new ordinary registered voting shares, of a nominal value of euro2.13 each.
The new shares resulting from the above share capital increase will be delivered to the beneficiaries in electronic (dematerialized) form by credit to their investor?s and securities accounts in the Electronic Dematerialised Securities System (DSS). The credit date and the starting date for trading of the new shares on the ATHEX will be announced in due course.