Announcement concerning significant changes in number of shares and voting rights above 50% pursuant to Law 3556/2007 (Correct Repetition)
The company DIAS AQUACULTURE SA, (the “Company” or “DIAS SA”) announces pursuant to articles 14 and 21 of the L.3556/2007, decision 1/434/2007 and Circular No. 33 of the Capital Market Commission and following notifications received on 06/03/2012 that:
A) The company Tethys Ocean BV, after transactions carried out on 01/03/2010 on shares of the Company, exceeded the 50% of the shares and voting rights into the Company and holds directly 15,167,082 shares and voting rights (i.e. rate of 50.2894% of the total shares and voting rights) of the Company. Prior to the transactions conducted on 01/03/2012, Linnaeus Capital Partners BV held 9,167,082 shares and voting rights (i.e. rate 30.40% of the total shares and voting rights).
Tethys Ocean BV also notified the Company that the latest by 15/03/2012 and not prior to 12/03/2012, -subject to fulfilment of several conditions- has been bound to acquire additionally 1,705,751 shares corresponding to 1,705,751 voting rights representing 5.6558% of the Company's share capital.
B) The company Linnaeus Capital Partners BV notified that is 100% parent company of Tethys Ocean BV and as a result indirectly controls (as mentioned above) the total shares and voting rights held by Tethys Ocean BV in DIAS S.A. and that the changes referred to (A) affect as Linnaeus Capital Partners BV indirect holding.
C) The company I.I.H.C Industrial Investments Ltd notified that is 100% parent company of Linnaeus Capital Partners BV and as a result indirectly controls (as mentioned above) the total shares and voting rights held by Tethys Ocean BV in DIAS S.A. and that the changes referred to (A) affect I.I.H.C Industrial Investments Ltd as indirect holding.
D) Mr. Kahka Bendukidze notified that controls the 74,30% of the company I.I.H.C Industrial Investments Ltd which is 100% parent company of Linnaeus Capital Partners BV, which is 100% parent company of Tethys Ocean BV and as a result indirectly controls (as mentioned above) the total shares and voting rights held by Tethys Ocean BV in DIAS S.A. and that the changes referred to (A) affect Mr. Kahka Bendukidze as indirect holding.