News
Listing of new Shares
24.08.2007
Announcement of
IMAKO MEDIA S.A.Share Capital Increase by payment in cash and removal
of the preemption right of old shares & private investment
The Board of Directors of the company "IMAKO MEDIA S.A." announces to the main shareholders the following:
1)The A’ Repetitive Extraordinary General Assembly of its Shareholders on 30/05/2007 decided the Company’s Share Capital Increase by 1,281,375.36 EUROS by issuing 4,004,298 new common registered shares with a face value of 0.32 EUROS each by payment in cash and the removal of the preemption right of old shares which will be provided to the strategic investor "KINCANNON TRADING LIMITED", a company of Resti family interests and the Chairman and Managing Director of the Company, Mr Petros Kostopoulos. The price of disposal of new shares amounts to 3.44 EUROS per share. After the above increase, the share capital of the company amounts to 2,171,215.36 EUROS and is divided into 6,785,048 common registered shares of 0.32 EURO each. The total proceeds from the issue will amount to 13,774,785.12 EUROS. The difference between the price of issue and the face value of each share, amounting it total to 12,493,409.76 EUROS, will be credited according to the law and the articles of association to the account “Reserve from the issue of shares above par".
2)The Prospectus of the Company’s share capital increase as it was approved by the Board of Directors of the Capital Market Committee on 09/08/2007 is available in electronic form on the websites of the Athens Stock Exchange (www.ase.gr), the Capital Market Committee (www.hcmc.gr) and the Company (www.imako.gr).
3)On 15/06/2007 the Decision No K2-9144 of the Minister of Development, approving the share capital increase by payment in cash, was registered in the S.A. Registry.
4)On 23/08/2007 the Athens Stock Exchange approved the listing of 4,004,298 new common registered shares derived from the share capital increase.
5)On 30/08/2007 the company shares will be listed on the Athens Stock Exchange with a fixed price which will be determined according to the Regulation of the Athens Stock Exchange.
6)The new shares, which will be derived from the present increase, will be intangible and will give right to a dividend in the profits for the year 2007.
7)For more information, shareholders should contact the Department of Shareholder Service of the company (tel: 210-2705300), Mr Aggelos Bairaktaris).
1)The A’ Repetitive Extraordinary General Assembly of its Shareholders on 30/05/2007 decided the Company’s Share Capital Increase by 1,281,375.36 EUROS by issuing 4,004,298 new common registered shares with a face value of 0.32 EUROS each by payment in cash and the removal of the preemption right of old shares which will be provided to the strategic investor "KINCANNON TRADING LIMITED", a company of Resti family interests and the Chairman and Managing Director of the Company, Mr Petros Kostopoulos. The price of disposal of new shares amounts to 3.44 EUROS per share. After the above increase, the share capital of the company amounts to 2,171,215.36 EUROS and is divided into 6,785,048 common registered shares of 0.32 EURO each. The total proceeds from the issue will amount to 13,774,785.12 EUROS. The difference between the price of issue and the face value of each share, amounting it total to 12,493,409.76 EUROS, will be credited according to the law and the articles of association to the account “Reserve from the issue of shares above par".
2)The Prospectus of the Company’s share capital increase as it was approved by the Board of Directors of the Capital Market Committee on 09/08/2007 is available in electronic form on the websites of the Athens Stock Exchange (www.ase.gr), the Capital Market Committee (www.hcmc.gr) and the Company (www.imako.gr).
3)On 15/06/2007 the Decision No K2-9144 of the Minister of Development, approving the share capital increase by payment in cash, was registered in the S.A. Registry.
4)On 23/08/2007 the Athens Stock Exchange approved the listing of 4,004,298 new common registered shares derived from the share capital increase.
5)On 30/08/2007 the company shares will be listed on the Athens Stock Exchange with a fixed price which will be determined according to the Regulation of the Athens Stock Exchange.
6)The new shares, which will be derived from the present increase, will be intangible and will give right to a dividend in the profits for the year 2007.
7)For more information, shareholders should contact the Department of Shareholder Service of the company (tel: 210-2705300), Mr Aggelos Bairaktaris).
N. Irakleio 24/8/2007
The Board of Directors
