ELGEKA S.A.
Participation of ELGEKA S.A. in the share capital increase of its subsidiary company "DIAKINISIS S.A. - Warehouses - Distribution - Promotional Packaging"
We would like to inform the investing public that today on Friday the 8th of February, ELGEKA S.A. paid euro 71.630,00 for its participation in the share capital increase of "DIAKINISIS S.A. - Warehouses - Distribution - Promotional Packaging" with the 99,99% that already owns. The share capital increase was decided by the Extraordinary General Meeting of Shareholders of "DIAKINISIS S.A." on the 18th of January 2008.
Specifically, the above mentioned Extraordinary General Meeting of "DIAKINISIS S.A." decided the increase of the share capital by euro 71.640,00 through cash payment and issuance of 35.820 new stocks at a par value euro 2 each, in order to conclude the A' Investment Plan to the incentive Law 3299/2004 which concerns the expansion of the storage capacity through the purchase of the needed equipment (PCs, storage shelves, clarks etc) in the existing leased premises for the operation of the new Logistics Center located at "IMEROS TOPOS" in Aspropyrgos Attikis.
It should be noted that for the realization of the above mentioned Investment Plan, which "LOGISTICS SERVICE HELLAS S.A. - THIRD PARTY LOGISTICS" has fallen under (before the merger with "DIAKINISIS S.A. - Warehouses - Distribution - Promotional Packaging" on the 30th of November 2007), there was a former share capital increase by euro 465.360 with cash payment in order to cover the same participation in the 25% for the mentioned Investment Plan.
The last share capital increase refers the same percentage and participation in the final budget of the Investment Plan increased by 15% (Initial budget: euro 1.850.000,00 - Final budget: euro 2.127.500,00)
Specifically, the above mentioned Extraordinary General Meeting of "DIAKINISIS S.A." decided the increase of the share capital by euro 71.640,00 through cash payment and issuance of 35.820 new stocks at a par value euro 2 each, in order to conclude the A' Investment Plan to the incentive Law 3299/2004 which concerns the expansion of the storage capacity through the purchase of the needed equipment (PCs, storage shelves, clarks etc) in the existing leased premises for the operation of the new Logistics Center located at "IMEROS TOPOS" in Aspropyrgos Attikis.
It should be noted that for the realization of the above mentioned Investment Plan, which "LOGISTICS SERVICE HELLAS S.A. - THIRD PARTY LOGISTICS" has fallen under (before the merger with "DIAKINISIS S.A. - Warehouses - Distribution - Promotional Packaging" on the 30th of November 2007), there was a former share capital increase by euro 465.360 with cash payment in order to cover the same participation in the 25% for the mentioned Investment Plan.
The last share capital increase refers the same percentage and participation in the final budget of the Investment Plan increased by 15% (Initial budget: euro 1.850.000,00 - Final budget: euro 2.127.500,00)