INTRALOT S.A.
Decisions of the Second Repeat Session of the Extraordinary General Assembly dated 16.11.2009
In accordance with article 4.1.3.3 of the Athens Stock Exchange Regulation, INTRALOT notifies that during the Second Repeat Session of the Extraordinary General Assembly of the shareholders dated 16.11.2009, that took place on Monday, December 14, 2009, the following matter of the agenda was discussed and decided:
"Approval of program of distribution of options on Company's shares to persons among those referred in article 13§13 of the Codified Law 2190/1920 as amended and in force, and amendment of the current program. Granting authorization to the Board of Directors to regulate the relative details".
The approval of program of stock option plan to persons among those referred in paragraph 13, article 13 of Codified Law 2190/1920, as modified and in force (Program III) was decided and more specifically that the above share purchase options to be granted to the Board of Directors members, to General Directors, to Directors and Managers of the Company and of its affiliated companies, as defined in paragraph. 5 of article 42e of Codified Law 2190/1920, as well as to persons providing services in a regular basis to the Company and/or to the abovementioned affiliates. The beneficiaries and the exact number of stock options for purchase of shares that will be granted in each one of them will be determined by the Board of Directors of the Company. The price to exercise the stock options was fixed to four (4) Euro per share while the INTRALOT's shares that will be finally issued, in case all options to be granted are exercised, will not exceed eight millions (8,000,000) shares (i.e. approx. 5,03% of the share capital of the Company). For the satisfaction of stock options the Company will proceed to increases of its share capital. The duration of this program will be four-year, i.e. up to December 2013. Each beneficiary, during each year, will be entitled to exercise options which will not exceed 1/3 of the total number of options granted to him/her.
In the event change of the current number of Company's shares up to the determination, the granting or the exercise of stock options, the number of each beneficiary's options and the price of exercise will be adjusted, in order that the beneficiaries maintain their ratio of participation in the share capital of the Company.
The Company's Board of Directors was authorized to draw up the relative regulation of above-mentioned Program III and to regulate any other relative detail in relation to this program.
Finally, the amendment of the current stock option program (Program II) for purchase of shares was decided, so that no more options to be granted other than those already granted.
Present 55 shareholders representing 55,471,405 shares with a respective number of votes (quorum rate 34.89%).
Voted: FOR: 52,558,318 (94.75%), AGAINST: 2,913,087 (5.25%), ABSTENTION: 0
"Approval of program of distribution of options on Company's shares to persons among those referred in article 13§13 of the Codified Law 2190/1920 as amended and in force, and amendment of the current program. Granting authorization to the Board of Directors to regulate the relative details".
The approval of program of stock option plan to persons among those referred in paragraph 13, article 13 of Codified Law 2190/1920, as modified and in force (Program III) was decided and more specifically that the above share purchase options to be granted to the Board of Directors members, to General Directors, to Directors and Managers of the Company and of its affiliated companies, as defined in paragraph. 5 of article 42e of Codified Law 2190/1920, as well as to persons providing services in a regular basis to the Company and/or to the abovementioned affiliates. The beneficiaries and the exact number of stock options for purchase of shares that will be granted in each one of them will be determined by the Board of Directors of the Company. The price to exercise the stock options was fixed to four (4) Euro per share while the INTRALOT's shares that will be finally issued, in case all options to be granted are exercised, will not exceed eight millions (8,000,000) shares (i.e. approx. 5,03% of the share capital of the Company). For the satisfaction of stock options the Company will proceed to increases of its share capital. The duration of this program will be four-year, i.e. up to December 2013. Each beneficiary, during each year, will be entitled to exercise options which will not exceed 1/3 of the total number of options granted to him/her.
In the event change of the current number of Company's shares up to the determination, the granting or the exercise of stock options, the number of each beneficiary's options and the price of exercise will be adjusted, in order that the beneficiaries maintain their ratio of participation in the share capital of the Company.
The Company's Board of Directors was authorized to draw up the relative regulation of above-mentioned Program III and to regulate any other relative detail in relation to this program.
Finally, the amendment of the current stock option program (Program II) for purchase of shares was decided, so that no more options to be granted other than those already granted.
Present 55 shareholders representing 55,471,405 shares with a respective number of votes (quorum rate 34.89%).
Voted: FOR: 52,558,318 (94.75%), AGAINST: 2,913,087 (5.25%), ABSTENTION: 0