SIDENOR HOLDINGS S.A.
Document for the provision of information under L.3401/2005
Regarding the offer of SIDENOR S.A. of movable values to employees within the frame of implementation of its stock option plan (article 4 par.1f) SIDENOR S.A. (the Company), in the framework of the annual implementation of the approved by the Shareholders? Meeting share offer Programme to higher executives (and of its affiliated companies) for the purchase of company shares, informs the public on the final data from the implementation of the Programme, the selling price and the number of movable values offered, as well as of the fact that the company will request that these values are admitted for trading at the Athens Stock Exchange, as follows:
1. Seven (7) Company executives (and of its affiliated companies) exercised their Final Rights, during the implementation of the share offer Programme until 30-11-2007.
2. The offer regarded 122.658 new common bearer shares of SIDENOR S.A., of nominal value 0.41 Euro each, while all options were exercised regarding the offer.
3. The selling price of the new shares is set at 3.55 Euro.
4. The ammount of the share capital increase in cash was paid in full on 30/11/2007, and was ratified by decision of the Company's Board of Directors as of 05/12/2007. The excess amount arising from the difference between the selling price and the nominal value, which amounts to 385.146,22 Euro, will credit the ?Share premium account?. On 14/12/2007, the Ministry of Development recorded in the Registry of Societes Anonymes, with the Announcements No. 17669 and 17867, Company data regarding on the one hand the above share capital increase and on the other hand, the ratification of the payment of this increase.
5. Following the abovementioned share capital increase, the Company?s share capital amounts to 39.413.091,31 Euro divided into 96.129.491 common bearer shares of nominal value 0.41 Euro each.
6. The Company will undertake all lawful actions, according to the legislation in force, in order for the new shares to be admitted for trading at the Athens Exchange.
People responsible for the drafting of the information circular: Responsible for the drafting of this information circular and the accuracy of its contents is Mr. Natsis Konstantinos, Group CFO (Ethnikis Antistaseos 57b?- Chalandri 15134):
Interested parties may obtain the information circular from the Company offices in Athens (Ethnikis Antistaseos 57b- Chalandri 15134) and in electronic form from the Company?s website (www.sidenor.gr). For further information, please contact the Shareholders? Department at the Company offices, during working days and hours (tel.: +30 210-6787773).
1. Seven (7) Company executives (and of its affiliated companies) exercised their Final Rights, during the implementation of the share offer Programme until 30-11-2007.
2. The offer regarded 122.658 new common bearer shares of SIDENOR S.A., of nominal value 0.41 Euro each, while all options were exercised regarding the offer.
3. The selling price of the new shares is set at 3.55 Euro.
4. The ammount of the share capital increase in cash was paid in full on 30/11/2007, and was ratified by decision of the Company's Board of Directors as of 05/12/2007. The excess amount arising from the difference between the selling price and the nominal value, which amounts to 385.146,22 Euro, will credit the ?Share premium account?. On 14/12/2007, the Ministry of Development recorded in the Registry of Societes Anonymes, with the Announcements No. 17669 and 17867, Company data regarding on the one hand the above share capital increase and on the other hand, the ratification of the payment of this increase.
5. Following the abovementioned share capital increase, the Company?s share capital amounts to 39.413.091,31 Euro divided into 96.129.491 common bearer shares of nominal value 0.41 Euro each.
6. The Company will undertake all lawful actions, according to the legislation in force, in order for the new shares to be admitted for trading at the Athens Exchange.
People responsible for the drafting of the information circular: Responsible for the drafting of this information circular and the accuracy of its contents is Mr. Natsis Konstantinos, Group CFO (Ethnikis Antistaseos 57b?- Chalandri 15134):
Interested parties may obtain the information circular from the Company offices in Athens (Ethnikis Antistaseos 57b- Chalandri 15134) and in electronic form from the Company?s website (www.sidenor.gr). For further information, please contact the Shareholders? Department at the Company offices, during working days and hours (tel.: +30 210-6787773).