BLUE STAR MARITIME S.A.
Merger by absorption of BLUE STAR MARITIME S.A. with ATTICA HOLDINGS S.A.
The Board of Directors of BLUE STAR Maritime S.A. (Company) announce, pursuant to the provisions of Law 3340/2005, art. 2 of clause 3/347/12.7.2005 of the Capital Markets Committee, its decision taken on 27.06.2008 to propose to the Company?s shareholders the merger by absorption of the Company with ATTICA Holdings S.A. as per the provisions of articles 69-77a of Law 2190/1920, articles 1 to 5 of Law 2166/1993 and other provisions of commercial law as applicable.
It was resolved that the Transformation Balance Sheet date will be 30th June 2008. Mr. Vasilios Kazas, certified auditor of Grant Thornton S.A., was appointed to certify the values of the Company's assets.
The Board also decided, pursuant to article 289 of the Athens Exchange Regulation, to appoint the independent auditing company, PKF Euroauditing S.A., to evaluate the merging companies and state an opinion with regard to the exchange ratio of shares, which will be proposed in a subsequent Board meeting of the Company.
It was resolved that the Transformation Balance Sheet date will be 30th June 2008. Mr. Vasilios Kazas, certified auditor of Grant Thornton S.A., was appointed to certify the values of the Company's assets.
The Board also decided, pursuant to article 289 of the Athens Exchange Regulation, to appoint the independent auditing company, PKF Euroauditing S.A., to evaluate the merging companies and state an opinion with regard to the exchange ratio of shares, which will be proposed in a subsequent Board meeting of the Company.