S & B ΒΙΟΜΗΧΑΝΙΚΑ ΟΡΥΚΤΑ Α.Ε.
Share Capital increase resulting from the exercise of Stock Option Plans.
S&B Industrial Minerals SA announces that the trading of the Company's 34,760 new, ordinary, registered shares with voting rights, which resulted from the increase in the share capital by euros 34,760, will start on the Athens Stock Exchange on December 24, 2008.
This share capital increase has resulted from the exercise of stock option rights, by 27 senior executives of the Company. In specific:
-21 persons have exercised option rights of the 2005 stock option plan and received 19.160 shares, at an exercise price of euros 5.35, according to the Annual General Shareholders Meeting decision dated 22.06.2005, as well as the Board of Directors decision dated 08.12.2008
-8 persons have exercised option rights of the 2004 stock option plan and received 15.600 shares, at an exercise price of euros 5.48, according to the Annual General Shareholders Meeting decision dated 02.06.2004, as well as the Board of Directors decision dated 08.12.2008
The above mentioned increase, which does not constitute amendment of the Articles of Association, has been decided and certified by the Company's Board of Directors on 08.12.2008, and recorded in the Commercial Register with the K2-14937/15.12.2008 and K2-14937 (2)/15.12.2008 approvals of the Ministry of Development and approved by the Athens Stock Exchange decision dated 18/12/2008.
The new shares will be deposited in the investor and securities accounts in the Dematerialized Securities System (D.S.S.) on December 24, 2008. From the above mentioned date, the opening price of the shares in the Athens Stock Exchange will be formed according to Athens Stock Exchange Regulation.
Copies of the document L.3401/2005 (article 4) are available, since 16.12.2008, at the offices of "S&B Industrial Minerals S.A." at 15 A.Metaxa Str., 145 64 Kifissia, P.O. Box 51528 or from our website (http://www.sandb.com).
For further information you may contact the Shareholder's Department (working days and hours) at the offices of S&B Industrial Minerals S.A. in 15 A.Metaxa Str., 145 64 Kifissia, P.O. Box 51528, Mr. Haris Kotsokolos, tel.: +30 210 6296157
This share capital increase has resulted from the exercise of stock option rights, by 27 senior executives of the Company. In specific:
-21 persons have exercised option rights of the 2005 stock option plan and received 19.160 shares, at an exercise price of euros 5.35, according to the Annual General Shareholders Meeting decision dated 22.06.2005, as well as the Board of Directors decision dated 08.12.2008
-8 persons have exercised option rights of the 2004 stock option plan and received 15.600 shares, at an exercise price of euros 5.48, according to the Annual General Shareholders Meeting decision dated 02.06.2004, as well as the Board of Directors decision dated 08.12.2008
The above mentioned increase, which does not constitute amendment of the Articles of Association, has been decided and certified by the Company's Board of Directors on 08.12.2008, and recorded in the Commercial Register with the K2-14937/15.12.2008 and K2-14937 (2)/15.12.2008 approvals of the Ministry of Development and approved by the Athens Stock Exchange decision dated 18/12/2008.
The new shares will be deposited in the investor and securities accounts in the Dematerialized Securities System (D.S.S.) on December 24, 2008. From the above mentioned date, the opening price of the shares in the Athens Stock Exchange will be formed according to Athens Stock Exchange Regulation.
Copies of the document L.3401/2005 (article 4) are available, since 16.12.2008, at the offices of "S&B Industrial Minerals S.A." at 15 A.Metaxa Str., 145 64 Kifissia, P.O. Box 51528 or from our website (http://www.sandb.com).
For further information you may contact the Shareholder's Department (working days and hours) at the offices of S&B Industrial Minerals S.A. in 15 A.Metaxa Str., 145 64 Kifissia, P.O. Box 51528, Mr. Haris Kotsokolos, tel.: +30 210 6296157