NIREUS SA announces its intention to dispose fractional shares and to pay out in cash the corresponding amount to the beneficiaries. The fractional resulted from the merge by absorption of KEGO SA that concluded on November 10, 2008, according to the resolutions of the General Meeting of September 19, 2008.
The fractional shares will be disposed according to article 53 of L 3371/2005 and Decision 13/375/17.3.2006 of the Board of Directors of Hellenic Capital Markets Commission after the expiry of six months from the merge, i.e. after May 10, 2009.
NIREUS SA will follow the disposal process as it is specified by Law. The company will submit a request to the HCMC for the authorization of the disposal of the fractional shares and this will include the specification of shares to be disposed, the appointment of a Member of the Athens Exchange to perform the sale and the date for the commencement of the disposal. The amounted resulting from the sale will be deposited at the Deposits and Loans Fund, where it will be available to the beneficiaries.
For further information, shareholders may contact the shareholders department of the company (tel +30 210 66 98 335 -373, email irodpt@nireus.com, Investor Relations Manager Ms Maria Kotsovou).