Listing of new shares in ATHEX
The company INTRACOM CONSTRUCTIONS SOCIETE ANONYME TECHNICAL AND STEEL CONSTRUCTIONS with the distinctive title “INTRAKAT” (hereinafter the “Company”) announces that on 10/08/2009 the new 14,847,000 common registered shares of the Company will start trading in the Athens Exchange, which were issued as a result of the share capital increase for the absorption of the spun off state and private construction projects division of CYBARCO SA, the state construction projects division of T. KARAGIANNIS SA and the construction projects division of EUROKAT SA.
The new shares form the aforementioned absorption of the spun off divisions will be credited, pursuant to the approved share exchange ratio, to the Central Securities Depository (CSD) accounts of the beneficiaries through the Dematerialized Securities System (DSS), on 10/08/2009 (start trading date).
It is noted that in exchange of: a) the spun off state and private construction projects division of CYBARCO SA that is offered, the seller will receive a total of 7,211,400 new common registered shares of the Company at par value �0.34 each, b) the spun off state construction projects division of T. KARAGIANNIS SA that is offered, the seller will receive a total of 6,928,600 new common registered shares of the Company at par value �0.34 each and c) the spun off construction projects division of EUROKAT SA that is offered, the seller will receive a total of 707,000 new common registered shares of the Company at par value �0.34 each. It is noted that the 707,000 new shares that subsidiary EUROKAT is receiving due to the offering of its construction division, are INTRAKAT� treasury shares and wil be handled in accordance to the provisions of articles 16 and 17 of CL 2190/20.
Following the aforementioned absorption of the spun off divisions, which was approved by the Decision of the Minitry of Devleoopment woth protocol No Κ2 14428/28.11.2008, INTRACOM CONSTRUCTIONS SOCIETE ANONYME TECHNICAL AND STEEL CONSTRUCTIONS share capital amounts to �1,489,780.00, diveded into 92,617,000 common registered shares of par value �0.34 each.
It is noted that out of the current share capital incerase amonting �,158,780, the amount of �,110,800 corresposnds to the increase of the share� par value of the allready previously exisitng shares i.e. 77,770,000 of the Company from �0.30 to �0.34 each and the remaining amount of �,047,980 corresponds to the issue of the 14,847,000 new shares of par value �0.34 each.
The ATHEX BoD in its session dated 06.08.2009 approved the floating of the 14,847,000 new common registered shares of par value �0.34 each in the ATHEX, which were issued as a result of the current absorption of the spun off divisions.
The Prospectus under Law 3401/2005 that was prepared for the absorption of the spun off divisions ppresented herein and was approved by the BoD of HCMC on 3.08.2009 is avialble to the invesmtent community as of 5.08.2009, at the Company’s business headquarters (19th km Peania – Markopoulo Ave. 190 02 Peania, Attica, Greece tel.: +30 210 6677700) and the issue� advisor ALPHA BANK SA head offices (45 Panepistimiou str. 2nd floor, Athens, Attica, Greece, 10564). In addition, a copy of the Prospectus is posted at the websites of the Athens Exchange (www.ase.gr/content/gr/Companies/ListedCo/Prospectus/), the Hellenic Capital Markets Commission (www.hcmc.gr), the issue� advisor ALPHA BANK S.A. (http://www.alpha.gr/page/default.asp?la=1&id=5224) as well as the Company’s website (https://www.intrakat.gr/).
For more information, shareholders may contact the Company’s Shareholder Services Department (tel.: +30 210 6677700) during business days and hours.