FOURLIS S.A.
New shares trading derived from the exercise of Stock Option Rights
Fourlis Holdings announces that, Tuesday, February 1, 2011 is the first trading day in the Athens Stock Exchange of 39.402 new common shares, derived from the recent share capital increase by EUR 39.402,00 corresponding to the nominal value of the new shares (39.402 shares x 1,00 Euro) and € 113.871,78 as share premium. The share capital increase is attributed to the exercise of Stock Option Rights from five (5) Company and Group executives with exercise price EUR 3,89, based on the decision of the General Assembly meeting of the shareholders on 30.06.2008 and the decisions of the board of Directors of the company held on 26.08.2008, 23.02.2009 and 24.05.2010.
The above mentioned share capital increase, which does not constitute direct change of the Articles of Association of the Company, was confirmed by the Board of Directors of the Company on 16.12.2010, implementing the decision of the General Assembly Meeting and was registered in Societe Anonym Companies authority with Nbr K2-97 on 14.01.2011
The Athens Stock Exchange Board of Directors, on their meeting on 27.01.2011, approved the new 39.402 shares trading.
Based on the decision of the Company, the new shares trading will start on Tuesday, February 1, 2011. The new shares beginning price in the Athens Stock Exchange, will be difined according to the Athens Stock Exchange rergulation and the Nbr 26 decision of the Board of Directors of the Athens Stock Exchange, as it is today while the new shares will be in the beneficiaries' security accounts of the Dematerialised Securities System (SAT)
For any additional information, the share holders can be informed from the relevant document under L. 3401/2005 (article 4 par. 2.f.) regarding the trading of Fourlis Holdings shares after the exercise of Stock Option Rights, which is available in the Company's official site www.fourlis.gr, or they can contact directly the Investors Relation Department, tel.: 210 629 3004, Mr George Alevizos.
The above mentioned share capital increase, which does not constitute direct change of the Articles of Association of the Company, was confirmed by the Board of Directors of the Company on 16.12.2010, implementing the decision of the General Assembly Meeting and was registered in Societe Anonym Companies authority with Nbr K2-97 on 14.01.2011
The Athens Stock Exchange Board of Directors, on their meeting on 27.01.2011, approved the new 39.402 shares trading.
Based on the decision of the Company, the new shares trading will start on Tuesday, February 1, 2011. The new shares beginning price in the Athens Stock Exchange, will be difined according to the Athens Stock Exchange rergulation and the Nbr 26 decision of the Board of Directors of the Athens Stock Exchange, as it is today while the new shares will be in the beneficiaries' security accounts of the Dematerialised Securities System (SAT)
For any additional information, the share holders can be informed from the relevant document under L. 3401/2005 (article 4 par. 2.f.) regarding the trading of Fourlis Holdings shares after the exercise of Stock Option Rights, which is available in the Company's official site www.fourlis.gr, or they can contact directly the Investors Relation Department, tel.: 210 629 3004, Mr George Alevizos.