F.G. EUROPE Α.Ε.
Share Capital Increase for subsidiary R.F. Energy S.A.
R.F. Energy S.A., subsidiary to F.G. Europe by 40%, proceeded with an Own Capital Increase of Euro 21 mil. F.G. Europe disbursed, in accordance with its stake in R.F. Energy, the amount of Euro 8.4 mil. After the aforementioned significant increase, own capitals for R.F. Energy amount to the total of Euro 42 million, allocated as follows: Restis Family, Euro 21 million; F.G. Europe, Euro 16.8 million, Euro Georgios Fidakis, 4.2 million. It should be noted that, amidst and despite the troubled financial circumstance, F.G. Europe as well as the company's other shareholders (Restis family, Georgios Fidakis) have supported R.F. Energy's investment program, by disbursing the aforementioned amount. After the increase R.F. Energy emerges as one of the most robust companies of the energy sector, bearing significant capacities towards realizing its ambitious investment plan, which, as previously announced, is expected to reach the amount of euro 250 million.