INTRALOT S.A.
Announcement on the decisions of the 2nd Repeat Session of Ordinary General Assembly dated 6 May 2008 .
In accordance with articles 278 and 290 of the Athens Stock Exchange Regulation, INTRALOT notifies you that during the second repeat session of the Ordinary General Assembly of the Shareholders of the Company dated 6 May 2008, which took place on 3 June 2008, the following issue of the agenda was discussed and decided:
10. Amendment of the Program regarding stock options to persons among those mentioned in article 13 of the Codified Law 2190/1920, as applicable and approved by the General Assemblies of Shareholders on 04.05.2005, 22.09.2006 and 24.10.2007 (Program II). Grant of authorization to the Board of Directors to settle the relevant details.
The amendment of the abovementioned Program II was approved as follows:
The duration of Program II was extended for three more years; therefore Program II remains in force until December 2011. It was decided that the stock options can be granted, apart from the members of the Board of Directors, the General Directors and the Directors of the company and of its subsidiaries, to executives of the company and of its subsidiaries that will be decided by the Board of Directors of the Company based on evaluation performance criteria. The options that could be offered are increased by up to 4.800.000. Moreover, in compliance with the provisions of the amended article 13 par. 13 of the Codified Law 2190/1920, the exercise of the options can be done according to the provisions of the amended article 13 par. 13 of the Codified Law 2190/1920 and every calendar trimester maximum, the Board of Directors will increase the share capital and will issue and deliver the shares to the beneficiaries. Finally, the Board of Directors of the company was authorized to amend the relevant regulation of Program II according to the abovementioned and to determine, henceforth, the beneficiaries of Program II, the way of the exercise of the options and any other term of Program II. All other material terms of Program II remain unchanged.
Present were 68 shareholders, representing 69.197.850 shares with a respective number of votes (quorum rate 43,54%). Voted: FOR: 57.643.218 (83,3%), AGAINST: 11.554.632 (16,7 %), ABSTENTION: 0
10. Amendment of the Program regarding stock options to persons among those mentioned in article 13 of the Codified Law 2190/1920, as applicable and approved by the General Assemblies of Shareholders on 04.05.2005, 22.09.2006 and 24.10.2007 (Program II). Grant of authorization to the Board of Directors to settle the relevant details.
The amendment of the abovementioned Program II was approved as follows:
The duration of Program II was extended for three more years; therefore Program II remains in force until December 2011. It was decided that the stock options can be granted, apart from the members of the Board of Directors, the General Directors and the Directors of the company and of its subsidiaries, to executives of the company and of its subsidiaries that will be decided by the Board of Directors of the Company based on evaluation performance criteria. The options that could be offered are increased by up to 4.800.000. Moreover, in compliance with the provisions of the amended article 13 par. 13 of the Codified Law 2190/1920, the exercise of the options can be done according to the provisions of the amended article 13 par. 13 of the Codified Law 2190/1920 and every calendar trimester maximum, the Board of Directors will increase the share capital and will issue and deliver the shares to the beneficiaries. Finally, the Board of Directors of the company was authorized to amend the relevant regulation of Program II according to the abovementioned and to determine, henceforth, the beneficiaries of Program II, the way of the exercise of the options and any other term of Program II. All other material terms of Program II remain unchanged.
Present were 68 shareholders, representing 69.197.850 shares with a respective number of votes (quorum rate 43,54%). Voted: FOR: 57.643.218 (83,3%), AGAINST: 11.554.632 (16,7 %), ABSTENTION: 0