The Board of Directors of CENTRIC MULTIMEDIA SA announces that as of Tuesday, May 26, 2009 the new 351,567 common registered voting shares of the company will start trading in the Athens Exchange. The new shares have been issued as a result of the Company share capital increase due to the options exercising for the conversion of Bonds which were issued pursuant to the convertible Bond loan agreement dated 05/09/2007.
From the total 460 Bonds of face value EUR 50,000 each 43 were converted during the three conversion period.
Specifically, during the fourth conversion period (06.03.2009-10.03.2009) 9 Bonds of face value EUR 50,000 each and conversion price at EUR 1.28 per share were converted, which correspond to the amount of EUR 450,000.00, by issuing 351,567 new common registered shares at par value EUR 0.36 each. Following the first period of the conversion options? exercising, the conversion option may be exercised on the remaining 408 Bonds.
It is certified that the new shares which resulted from the conversion of Bonds into shares will be credited to the beneficiary shareholders accounts in the DSS at the date of the shares listing.
The increase in share capital from the conversion of Bonds into shares, which does not consist a direct amendment of the company?s Articles of Association was verified by the Company?s Board of Directors decision dated 14.04.2009 and was registered at the Societe Anonyme Registry of the Ministry of Development by the announcement with protocol number Κ2-11825/07.10.2008. Following the above share capital increase the Company?s share capital amounts to EUR 8,861,815.80 divided into 24,616,155 common registered shares at par value EUR 0.36 each.
The Athens Exchange BoD in its session dated 21.05.2009 approved the listing and trading of the new 351,567 common registered shares.
For more information, Investors may contact: Mrs Zoi Mihoudi, Supervisor of Investor Services and Corporate Announcements, tel. +30 210 9480000