DIAS AQUACULTURE SA announces the procedure for the settlement of the fractional shares created by the share capital increase approved at the Ordinary General Meeting of 30 June 2009 through the distribution of one new bonus share for every 4 old.
As required by the Greek Law ((a) article 44a of Law 2396/1996 and (b) decision No 13/375/17.03.2006 of the Board of Directors of the Greek Capital Markets Committee (GCMC)), the Company invites the holders of fractional shares who wish to either sell such shares or round them up to the nearest whole number of shares in cooperation with the company until 19 February 2010, when the relevant six-month deadline provided by the Greek Law expires.
Following the expiration of the afore-mentioned deadline, any outstanding fractional shares will be sold according to the procedure provided in article 2.3.6 of the Regulation of the Athens Stock Exchange (ASE). Article 2.3.6 provides that the sale of the fractional shares will be made by a member of the ASE. The proceeds from the sale will be deposited with the Greek Loans and Deposits Fund. The former fractional shares holders will be entitled to receive their portion of the deposited amount on a pro rata basis.
The Company will timely announce further information on the matter, such as the date of sale of the fractional shares, the result of the sale, the date of award of the proceeds of the sale to the holders, as well as all other necessary documentation.
For further information Shareholders may contact the Investor Relations Department of the Company (tel. 210 6251565, email: f.renga@diassa.gr, Mrs Fani Renga).