Forthnet S.A.
DOCUMENT FOR THE PROVISION OF INFORMATION IN ACCORDANCE WITH ART. 4, PAR.2 OF LAW 3401/2005
Within the framework of the annual implementation of the company?s stock option plan and further to the company?s announcement on November 29th 2007 and December 21st 2007, and in accordance with the L. 3401/2005 (art 4, par 2), Forthnet (the ??Company??) hereby provides further information to the public, as follows:
Out of the 71 addressed beneficiaries and 321,964 options, 69 beneficiaries exercised their rights for 317,149 shares corresponding to 0.823% of the Company?s Share capital. The exercise price of each option is set at Euro 5.36 per share and the total gross capital raised amounted to Euro 1,699,918.64.
The share capital increase was resolved by the Board of Directors on December 21st 2007, and amounted to Euro 374,235.82. On the same day the Board of Directors certified the payment of the share capital increase. The difference, between the total exercise price of the new shares and the nominal value of the new shares, amounting to Euro 1,325,682.82 was credited to the account ?Share premium?. The above increase, the certification of payment and the adjustment of the relevant article 5 ?Share capital? of the company?s Articles of Association, was registered with the Registry for the companies Society Anonymes, upon which the Ministry of Development issued the relevant Publication Documents.
The total Share capital of the Company after the above mentioned increase amounts to Euro 45,852,240.58 divided into 38,857,831 common registered shares with a nominal value of Euro 1.18 each.
The Company will take all necessary steps to meet the listing requirements of the Athens Stock Exchange, so that the Company?s shares are listed and traded according to the Greek law.
Responsible for the composition of the present document and the preciseness of it?s content is Mr Pavlos Kanellopoulos, Company?s CFO.
This document is available at the premises of the Company Atthidon 4, 17671, Kallithea, at the company?s website www.forthnet.gr as well as at the Athens Stock Exchange website www.ase.gr
For further information please contact the Company?s Shareholders? Department (tel. 210 9559254)
Out of the 71 addressed beneficiaries and 321,964 options, 69 beneficiaries exercised their rights for 317,149 shares corresponding to 0.823% of the Company?s Share capital. The exercise price of each option is set at Euro 5.36 per share and the total gross capital raised amounted to Euro 1,699,918.64.
The share capital increase was resolved by the Board of Directors on December 21st 2007, and amounted to Euro 374,235.82. On the same day the Board of Directors certified the payment of the share capital increase. The difference, between the total exercise price of the new shares and the nominal value of the new shares, amounting to Euro 1,325,682.82 was credited to the account ?Share premium?. The above increase, the certification of payment and the adjustment of the relevant article 5 ?Share capital? of the company?s Articles of Association, was registered with the Registry for the companies Society Anonymes, upon which the Ministry of Development issued the relevant Publication Documents.
The total Share capital of the Company after the above mentioned increase amounts to Euro 45,852,240.58 divided into 38,857,831 common registered shares with a nominal value of Euro 1.18 each.
The Company will take all necessary steps to meet the listing requirements of the Athens Stock Exchange, so that the Company?s shares are listed and traded according to the Greek law.
Responsible for the composition of the present document and the preciseness of it?s content is Mr Pavlos Kanellopoulos, Company?s CFO.
This document is available at the premises of the Company Atthidon 4, 17671, Kallithea, at the company?s website www.forthnet.gr as well as at the Athens Stock Exchange website www.ase.gr
For further information please contact the Company?s Shareholders? Department (tel. 210 9559254)