ALAPIS SA informs the investment community that on Friday October 15th, 2010, it will take place the liquidation of 4,221 common registered shares of the Company, resulted as fragmental balances from the increase of share's nominal value from €0.30 to €2.40 with simultaneous decrease of number of shares from 1,961,200,440 to 245,150,055 common registered shares (reverse split), with the proportion of 1 new share for the replacement of 8 old shares, as this was decided on 28.05.2010 by the Shareholders Ordinary General Meeting and was approved by the decision of the Minister of Economic Development, Competitiveness and Shipping No. Κ2-5113/14.06.2010.
The company PROTON BANK S.A. was appointed as the competent member of the Athens Exchange for performing the liquidation of the specific shares according to current legislation.
The starting price for the liquidation of shares will not deviate by more than three percent (3%) from the previous closing price right before the liquidation trading day (i.e. on Thursday October 14th, 2010).
ALAPIS SA is responsible for the distribution of the net liquidation amount to the eligible shareholders.
ALAPIS SA, will proceed to a new announcement in order to inform the investment community on the result of the liquidation, as well as on the procedure regarding the collection of the amount by the eligible shareholders.
For any further information shareholders could contact during working days and hours the Shareholders Department at tel. 213- 0175000/-1.