On Monday December 22, 2014,  13:30 hours, the  Extraordinary General Meeting of Trastor was held, following the adjournment of the meeting initially designated for 18/12/2014. During the initial meeting of the General Assembly the shareholder PASAL AE submitted a request for deferment for 16/01/2015 pursuant to Article 39 par. 3 of Law 2190/1920, which was dismissed by the President of the General Assembly who then accepted the shareholder's, Piraeus Bank, deferral request for  22.12.2014.

According to Article 39 paragraph 3b of Law. 2190/1920 today's General meeting is a continuation of the previous one and the processes of publication of the shareholders is not required.

In today's meeting, the shareholder PASAL AE, submitted to the President of the Assembly-objection declaration of invalidity of the Convention because it violated the provisions of Article 39 par. 3 of Law 2190/1920 and declared that they will not attend the General Assembly and are entitled of all rights reserved thereof, for the judicial cancellation of the General Meeting's decision.

At the General Meeting a new shareholder attended, and following the withdrawal of the shareholder PASAL SA, the table of shareholders present was read and approved again by the General Meeting as being attended in person or by proxy by four shareholders representing 19,501,346 shares or percentage 35.53% of up share capital of the Company.

The Chairman of the General Meeting asked the shareholders to indicate whether or not to provide a special license under Article 23a paragraph 2 and 3 of CL2190 /1920,to Pasal SA  as to how the debt settlement of the company will be met.

Piraeus Bank, representing 33.80% of the share capital stated that it will not provide the above license. A shareholder representing 1.56% of the share capital stated that it will not take part to the vote and the two other shareholders representing 0.17% of the share capital stated that they do provide the special permission.

Therefore, the Extraordinary General Meeting by a majority of the shareholders [33.80% of 35.53%] decided by 95.13% that will not give the special permission as stated in Article 23a paragraph 2 and 3 of Law 2190/1920, regarding the debt settlement of the company Pasal Development AE to Trastor Reic.