The company announces that the Extraordinary Shareholders Meeting was held on October 19, 2006 in its factory in Schimatari, Viotia. The General Meeting was attended by 7 shareholders, representing 5,627,811 common registered shares and respective voting rights, equal to 25.67% on the total 21,920,570 common registered company shares and voting rights.
During the Extraordinary Shareholders Meeting, the following decisions were taken:
Regarding the only issue on the agenda, the attendants with voting right representing (5,627,811 shares) 100% approved the purchase of own shares by the company according to article 16 par. 5 of Cod. Law 2190/1920 of up to 10% of the total number of company shares, after deducting the shares held by the company from previous purchases.
The Highest Acquisition price will be 8.00 Euro per share and the Lowest 2.00 Euro per share. The period within which the purchases will take place is November 6, 2006 till October 19, 2007.