According to the terms of the Stock Option Plan (the "Program"), which has been approved by the Repeat Ordinary General Meeting of the Shareholders of the company dated 30.06.2008, 14 executives of the Company and its affiliated companies, who are referred within the relevant Board of Directors resolutions dated 26.08.2008, 23.02.2009 and 24.05.2010, are invited to exercise until 30.11.2010, the stock option rights corresponding to 229.085 in total new ordinary shares of the Company.
Moreover:
- 101.419 rights, with an exercise price of 16,48 euros per share, distributed in 2008, which matured in November 2010 and they can be exercised by the option holders until November 2014,
- 51.000 rights with an exercise price of 3,89 euros per share, distributed in 2009, which matured in November 2009 and they can be exercised by the option holders until November 2013,
- 51.000 rights with an exercise price of 3,89 euros per share, distributed in 2009, which matured in November 2010 and they can be exercised by the option holders until November 2014,
- 25.666 rights with an exercise price of 6,63 euros per share, distributed in 2010, which matured in November 2010 and they can be exercised by the option holders until November 2014.
The Board of Directors of the Company will decide upon a next meeting, and not later than 31.12.2010, upon the issuance and delivery of the shares to the option holders (with the actual payment of the exercise price between 01.12.2010 and 15.12.2010). The Board of Directors of the Company will execute the relevant share capital increase without any amendment to the Articles of Association of the Company, according to Art. 13 Par.13 of Law 2190/1920, to the issuance of the new ordinary shares and any other necessary action related to the new shares listing in the Athens Stock Exchange.