ANEK LINES S.A.
Invitation to special assembly of shareholders
INVITATION TO A SPECIAL ASSEMBLY OF SHAREHOLDERS HOLDING PREFERRED STOCK ISSUED IN ?90 AND ?96 IN THE COMPANY ENTITLES "ANEK LINES S.A." (ANEK) S.A. Reg. No. 11946/06/B/86/07
By decision of the Company?s Board of Directors (1454/30/21-12-2007) and according to the Law and the Company?s Articles of Association, the Board of Directors hereby invites shareholders of the company entitled ANEK LINES S.A. (ANEK) holding preferred stocks issued in '90 and '96 to a Special Assembly on Saturday, January 12th, 2008, at 11 a.m. the Assembly will take place at the company?s privately-owned offices at the 2nd km, K, Karamanli Avenue, Chania, in order to discuss and make decisions on the following items on the agenda:
AGENDA
Item 1: Cancellation of the decision of the 2nd Repeat Special Assembly of shareholders holding preferred Company stocks issued in 1990 and 1996, on 18.6.2006, with respect to the issuance of a convertible bond.
Item 2: Approval of decision on the issuance of a bond, in accordance with law 3156/2003, convertible to Company stocks, by abolishment of existing stock options and provision to foreign institutional investors directly or indirectly, with a value of up to 120 million EUR (approximately); also decision-making on the duration of the bond, the conversion ratio and the time and method for exercising the conversion right, as well as on authorization to the Board of Directors for further negotiation and establishment of specific terms for issuance of the bond.
Item 3: Approval of decision on the issuance of a bond, in accordance with law 3156/2003, convertible to Company stocks, by provision Company shareholders through exercise of their stock options, with a value of up to 40 million EUR (approximately) also decision-making on the duration of the bond, the conversion ratio and the time and method for exercising the stock option and the conversion right, as well as on authorization to the Board of Directors for further negotiation and establishment of specific terms for issuance of the bond.
Item 4: Conversion of preferred stock carrying voting rights to common stock and approval of amendment to article 5 of the articles of association.
In the event that the quorum required by law is not achieved, the Board of Directors hereby invites shareholders holding preferred Company stocks issued in '90 and '96 to a 1st Repeat Special Assembly on Wednesday, January 23rd, 2008, at 11 a.m. the Assembly will take place at the company's privately-owned offices at the 2nd km, K, Karamanli Avenue, Chania. In the event that the quorum required by law is again not achieved, shareholders are hereby invited to a 2nd Repeat Special Assembly on Sunday, February 3rd, 2008, at 11 a.m. at the company?s offices, 2nd km, K, Karamanli Avenue, Chania.
Shareholders wishing to participate in the aforementioned Special Assembly shall:
If their shares are not included in the Special Account, commit all or part of the shares they holds - via their handler - and receive a relevant Share Commitment Certificate, which they must submit to the Company's offices (Karamanli Ave., 2nd km, Chania) at least five (5) days prior to the date of the General Assembly (i.e. by January 4th, 2008). In the event of a 1st Repeat Special Assembly, the relevant deadline will be January 17th, 2008, while in the event of a 2nd Repeat Special Assembly, the final deadline will be January 28th, 2008.
If their shares are included in the Special Account of ?ELLINIKA HRIMATISTIRIA A.E. SYMMETOHON (E.X.A.E.)" - which has absorbed "Central Securities Depository S.A." - request E.X.A.E. to commit all or part of the shares they hold, and receive a relevant Share Commitment Certificate, which they must submit to the Company at least five (5) days prior to the date of the General Assembly (i.e. by January 4th, 2008). In the event of a 1st Repeat Special Assembly, the relevant deadline will be January 17th, 2008, while in the event of a 2nd Repeat Special Assembly, the final deadline will be January 28th, 2008.
Shareholders entitled to attend the Assembly may be represented therein by a duly authorized representative. Share deposit receipts and legalizing documents for Shareholder representatives must be submitted to the Company at least five (5) full days prior to the date of the Assembly, i.e. by January 4th, 2008. In the event of a 1st Repeat Special Assembly, the relevant deadline will be January 17th, 2008, while in the event of a 2nd Repeat Special Assembly, the final deadline will be January 28th, 2008.
By decision of the Company?s Board of Directors (1454/30/21-12-2007) and according to the Law and the Company?s Articles of Association, the Board of Directors hereby invites shareholders of the company entitled ANEK LINES S.A. (ANEK) holding preferred stocks issued in '90 and '96 to a Special Assembly on Saturday, January 12th, 2008, at 11 a.m. the Assembly will take place at the company?s privately-owned offices at the 2nd km, K, Karamanli Avenue, Chania, in order to discuss and make decisions on the following items on the agenda:
AGENDA
Item 1: Cancellation of the decision of the 2nd Repeat Special Assembly of shareholders holding preferred Company stocks issued in 1990 and 1996, on 18.6.2006, with respect to the issuance of a convertible bond.
Item 2: Approval of decision on the issuance of a bond, in accordance with law 3156/2003, convertible to Company stocks, by abolishment of existing stock options and provision to foreign institutional investors directly or indirectly, with a value of up to 120 million EUR (approximately); also decision-making on the duration of the bond, the conversion ratio and the time and method for exercising the conversion right, as well as on authorization to the Board of Directors for further negotiation and establishment of specific terms for issuance of the bond.
Item 3: Approval of decision on the issuance of a bond, in accordance with law 3156/2003, convertible to Company stocks, by provision Company shareholders through exercise of their stock options, with a value of up to 40 million EUR (approximately) also decision-making on the duration of the bond, the conversion ratio and the time and method for exercising the stock option and the conversion right, as well as on authorization to the Board of Directors for further negotiation and establishment of specific terms for issuance of the bond.
Item 4: Conversion of preferred stock carrying voting rights to common stock and approval of amendment to article 5 of the articles of association.
In the event that the quorum required by law is not achieved, the Board of Directors hereby invites shareholders holding preferred Company stocks issued in '90 and '96 to a 1st Repeat Special Assembly on Wednesday, January 23rd, 2008, at 11 a.m. the Assembly will take place at the company's privately-owned offices at the 2nd km, K, Karamanli Avenue, Chania. In the event that the quorum required by law is again not achieved, shareholders are hereby invited to a 2nd Repeat Special Assembly on Sunday, February 3rd, 2008, at 11 a.m. at the company?s offices, 2nd km, K, Karamanli Avenue, Chania.
Shareholders wishing to participate in the aforementioned Special Assembly shall:
If their shares are not included in the Special Account, commit all or part of the shares they holds - via their handler - and receive a relevant Share Commitment Certificate, which they must submit to the Company's offices (Karamanli Ave., 2nd km, Chania) at least five (5) days prior to the date of the General Assembly (i.e. by January 4th, 2008). In the event of a 1st Repeat Special Assembly, the relevant deadline will be January 17th, 2008, while in the event of a 2nd Repeat Special Assembly, the final deadline will be January 28th, 2008.
If their shares are included in the Special Account of ?ELLINIKA HRIMATISTIRIA A.E. SYMMETOHON (E.X.A.E.)" - which has absorbed "Central Securities Depository S.A." - request E.X.A.E. to commit all or part of the shares they hold, and receive a relevant Share Commitment Certificate, which they must submit to the Company at least five (5) days prior to the date of the General Assembly (i.e. by January 4th, 2008). In the event of a 1st Repeat Special Assembly, the relevant deadline will be January 17th, 2008, while in the event of a 2nd Repeat Special Assembly, the final deadline will be January 28th, 2008.
Shareholders entitled to attend the Assembly may be represented therein by a duly authorized representative. Share deposit receipts and legalizing documents for Shareholder representatives must be submitted to the Company at least five (5) full days prior to the date of the Assembly, i.e. by January 4th, 2008. In the event of a 1st Repeat Special Assembly, the relevant deadline will be January 17th, 2008, while in the event of a 2nd Repeat Special Assembly, the final deadline will be January 28th, 2008.