Sale of paper-based shares
Sale of paper-based shares
According to the decision 20/430/6.6.2007 of the BoD of the Capital Market Committee, LAMDA Development S.A. informs the Shareholders that permission was granted to carry out the sale of 1.650 paper-based registered shares that have not been submitted for dematerialization or derive from companys transactions and have been issued to the beneficiaries of paper-based shares.
According to the same decision, EFG Eurobank S.A. has been appointed as the competent member of the Athens Exchange that will carry out the sale of the abovementioned shares.
The commencement of the period of the sale of these shares has been set for Monday, 25th June 2007. The sale shall be carried out in accordance with article 99A of the Athens Exchange Rulebook and with the decision 1/380/4.5.2007 of the BoD of the Capital Market Committee.
The outcome of the sale will be announced to the Shareholders through the means outlined in the pertinent legislation (article 18, L.3371/2005). The proceeds of the above sale will be deposited, for the benefit of the entitled shareholders, to the Deposits and Loans Fund.
