MIG HOLDINGS S.A.
Intention of investors for the private placement
Further to the Announcements dated 9/10, 11/10 and 26/10/2007, MARFIN INVESTMENT GROUP ('MIG') hereby announces that, as regards the impending private placement of shares of VIVARTIA, OLAYAN group has expressed the intention to purchase 1,623,000 shares of VIVARTIA at the price of euros 26 per share, representing 1.98% of the company.
Moreover, Mr. Spyros Theodoropoulos, Managing Director of VIVARTIA, has expressed his intention to purchase 4,000,000 shares of the company at the price of euros 26 per share, i.e. 4.90% which, added to his current holding, increases his participation to 6.11% of the shares of the company.
In view of the above, the private placement which will take place in the following days was decided to be effected at the price of euros 26 per share.
Moreover, Mr. Spyros Theodoropoulos, Managing Director of VIVARTIA, has expressed his intention to purchase 4,000,000 shares of the company at the price of euros 26 per share, i.e. 4.90% which, added to his current holding, increases his participation to 6.11% of the shares of the company.
In view of the above, the private placement which will take place in the following days was decided to be effected at the price of euros 26 per share.