Loulis Mills SA announces that the Extraordinary General Assembly of its shareholders on the 2nd of January 2009, decided the increase of share capital of the company by the amount of 8.311.416 (eight million three hundred eleven thousand four hundred sixteen euro) by capitalization of reserve funds from Paid-in Capital From Issue Of Shares Above Par Value.
The above increase of share capital was accomplished though the increase of the par value of the share by 0,50 euro each , therefore from 0,64 euro to 1,14 euro.
This was followed by a decrease of the same amount of the share capital of the company, by 8.311.416 euro (eight million three hundred eleven thousand four hundred sixteen euro), which was accomplished by the decrease of the par value of the share by 0,50 euro each, therefore from 1,14 euro to 0,64 each and even distribution of cash to its shareholders of 8.311.416 (eight million three hundred eleven thousand four hundred sixteen euro), ie 0,50 euro per share.
Following the above decisions of the General Assembly, the share capital of the company is now 10.638.612 divided in 16.622.832 shares ,of a par value of 0,64€ each.
The Ministry of Development with it decision No. Κ2-66/12.1.2009 approved the amendment of article no. 5 of the Articles of Association regarding share capital.
During its sitting on the 29th of January of 2009, the BoD of the Athens Stock Exchange, was informed on the increase and decrease by the same amount of the par value of the shares of the company, from the return of capital by paying cash to the shareholders of € 0,50 per share.
Following the above, starting February 4th 2009, the shares of the company will be negotiable in the Athens Stock Exchange at the finite par value of 0,64 euro per share and without the right of participation in the return of capital by paying cash to the shareholders of 0,50 euro per share. From the same date, the starting negotiable price of the shares at the Athens Stock Exchange will formulate according to the Regulation of the Athens Stock Exchange together with Decision No. 26 of the BoD of the Athens Stock Exchange, as it stands.
Eligible for return of capital are the shareholders that will be registered in the files of the 6th of February of 2009 of DSS of the listed company.
The 12th of February of 2009 is set as the starting date of payment of the return of capital and it will be conducted through PIRAEUS BANK as follows:
1. At the operators of the eligible Shareholders (Fiduciaries - Securities Companies) granted with the collection right.
2. At the Shareholders , through the braches of PIRAEUS BANK upon showing their Identification Cards as well as a print out of the items of their Investor account record number in S.A.T, assuming they keep their portfolio in the Operator of the Hellenic Exchanges Holding S.A (ex Central Securities Depository) and that they have recalled the authorization to any operators for the collection of the dividend. The collection of the return of capital by a third party is only possible if , asides the above mentioned, an authorization with all the information of the eligible and of the authorized person is presented (Name, Last Name, AFM Number (Tax Registry Number) and Identification Card Number). This authorization must be ratified for the validity of the signature by the Police Authority or other Authority. The payment of the return of capital to the shareholders through PIRAEUS BANK will be possible until the 31st of December of 2009. After this date, the return of capital by cash will be deposited only at the offices of our company, in Athens, Spetson 1 Keratsini 18755 (tel.210-4090100)
After the ex-right date the shares of the company will be negotiable at the Athens Stock Exchange, at the same par value after it's increase and decrease by the same amount.
For more information, please contact the Shareholders' Department (tel.210-4090105 Mr. Louloudakis Ioannis).