15 June 2007
Distribution of two new bonus shares for every ten old
KLOUKINAS-LAPPAS SA announces that the Annual General Meeting of
shareholders on May 17th 2007, decided a Share Capital increase of
Euro 1,237,514.40 through the capitalization of reserves and the issue
of 4,125,048 ordinary shares with a nominal value 0.30 € per share.
The shares will be distributed on the following terms: 2 new bonus
shares for every 10 old shares.
The company’s Share Capital will increase to Euro 7,425,086.40 and
will be divided to 24,750,288 ordinary shares with a nominal value of
Euro 0.30 per share.
The Athens Stock Exchange Authorities approved the trading debut of
the new bonus shares as of 27 June. Entitled to the bonus shares will
be holders as at the market’s close on June 19. The shares will trade
ex-bonus right on June 20.