Pursuant to Law 3556/2007, J&P-AVAX SA announces the following transaction dated 04.11.2008 on its shares by insiders as well as private investors and a legal entity related to insiders (as per Article 13 of Law 3340/2005):
- purchase of 1,460,000 shares for a total consideration of euro 3,212,000.00 by a legal entity related as per Law 3340/2005 to Chairman Mr Leonidas Joannou
- purchase of 800,000 shares for a total consideration of euro 1,760,000.00 by Managing Director Mr Constantine Mitzalis
- purchase of 400,000 shares for a total consideration of euro 880,000.00 by Deputy Chairman Mr Constantine Kouvaras
- purchase of 300,000 shares for a total consideration of euro 660,000.00 by Mrs Eleni Mitzalis, a close relative of Managing Director Mr Constantine Mitzalis
-purchase of 150,000 shares for a total consideration of euro 330,000.00 by Vice President Mr Nicholaos Gerarhakis
-purchase of 130,000 shares for a total consideration of euro 286,000.00 by Mrs Efrosyni Mitzalis, a close relative of Managing Director Mr Constantine Mitzalis
-purchase of 30,000 shares for a total consideration of euro 66,000.00 by Mrs Xaviera Kouvaras, a close relative of Deputy Chairman Mr Constantine Kouvaras
-purchase of 30,000 shares for a total consideration of euro 66,000.00 by Mrs Chrysavgi Kouvaras, a close relative of Deputy Chairman Mr Constantine Kouvaras