IASO S.A. announces the procedure for the settlement of the fractional shares resulting from the decrease of the shares' nominal value by 0,09064 cents, that is from 0,53064 cents to 0,44 cents per share, and the issuance of 9.079.553 new common registered shares, that were distributed pro rata to the shareholders at the rate of 20,6 additional new shares against 100 old shares, which was approved by the Ordinary General Meeting of 6/6/2008.
As required by Hellenic Law 2396/1996 article 44a and decision nr 13/375/17.3.2006 of the Board of Directors of the Hellenic Capital Market Committee (HCMC), the Company invites the holders of fractional shares to, either sell such shares or buy the remaining fractions in order to round them up to the nearest integer number of shares, until January 23th 2009, when the relevant six-month deadline provided by Hellenic Law, expires.
Following the expiration of the afore-mentioned deadline, any outstanding fractional shares will be sold according to the procedure provided in section 2.3.6 of the Regulation of the Athens Stock Exchange (ASE). After obtaining permission of the HCMC and the appointment of a member of the ASE who will proceed to the sale of the fractional shares, the proceeds from the sale will be deposited with the Greek Loans and Deposits Fund in favour of the total number of the fractional shareholders.
The Company will timely announce further information on the matter, such as the date of sale of the fractional shares, the result of the sale, the date of pro rata award of the proceeds of the sale to the holders, as well as any other necessary documents.
For more information all Shareholders may contact the Shareholder's Department (tel. +30 210 61.84.177).