Pursuant to article 19, para. 2, L. 3556/2007, our company informs you that the Board of Directors at its meeting held on 24.03.2011 decided to convene an Extraordinary General Shareholders Meeting on Friday, April 29th 2011 at 12:00pm, where the Company's shareholders are invited to take a decision on the suggested share capital increase by the amount of 5,262,350.28 Euros with payment in cash and the issue of 11,959,887 new common registered shares with voting right of 0.44 Euros of nominal value each, with subscription price of 1.25 Euros per share and with pre-emption right in the entire new capital in favor of existing shareholders and with respective modification of article 3 of the Company's Articles of Association.
In particular, we are announcing the suggested modification and the draft of the new Articles of Association, to be submitted for discussion to shareholders during the Extraordinary General Meeting on 29.04.2011. In particular, paragraph 1, of article 3 of the Company's Articles of Association is suggested to be modified as follows:
«1. The Company's share capital had been initially fixed at twenty five million drachmas, 25,000,000 divided in twenty five thousand shares 25,000 of one thousand drachmas 1,000 drs. nominal value each.
Successive share capital increases followed resulting from the respective general meeting decisions as follows:
a. December 29, 1976 for 50,000,000 drs.
b. October 1, 1978 for 75,000,000 drs.
c. June 15, 1980 for 88,000,000 drs.
d. May 10, 1981 for 47,340,000 drs.
e. November 14, 1982 for 53,000,000 drs.
f. September 9, 1984 for 12,160,000 drs.
g. February 14, 1988 for 15,000,000 drs.
h. June 19, 1988 for 10,610,000 drs.
i. July 9, 1989 for 221,845,000 drs.
j. June 30, 1991 for 21,000,000 drs.
k February 28, 1993 for 481,045,000 drs. of which 432,598,000 due to readjustment of assets value according to the provisions of L. 2065/92 and 48,447,000 drs. in cash.
l June 20 1993 for 500,000,000 drs.
m October 3 1993 for 1,600,000,000 drs.
n. September 25, 1994 for 800,000,000 drs.
o. June 25 1995 for 900,000,000 drs.
p. BoD resolution dated 28-2-1997, 225,000,000 drs in cash
q. June 29 1997 for 656,209,284 drs. of which 655,892,284 due to readjustment of Company fixed assets value and 317,000 drs. in cash.
r. 15-3-1998 for 5,684,980,000 with the issue of 5,684,980 new shares of 1,000 drs. nominal value each through capitalization of share premium reserves and special reserves.
s .15-3-1998 change of each share's nominal value from one thousand (1,000) drs. each to seven hundred and fifty each (750)drs. each.
t. 15-3-1998 increase by one billion nine hundred forty nine million two hundred fifty two thousand and two hundred and fifty drachmas (1,949,252,250) in cash with the issue of two million five hundred ninety nine thousand and three (2,599,003) new shares of seven hundred and fifty drachmas (750) nominal value each and subscription price of two thousand four hundred drachmas (2,400) each (share premium difference),
u. BoD Resolution dated 01/10/1998 469,216 drachmas for fractions roundings.
v. 29-11-1998 change of each share's nominal value from seven hundred and fifty (750) drs. each to five hundred (500)drs. each.
w. 29-11-1998 increase by sixty thousand two hundred and fifty (60,250) drachmas for fractions roundings.
y. 24-10-1999 change of each share's nominal value from five hundred (750) drs. each to three hundred and fifty (350) drs. each.
z. 24-10-1999 increase by one hundred fourteen thousand two hundred (114,200) drachmas for fractions roundings (totally three hundred and twenty six and three shares approximately 326.3 ).
aa. 26-3-2000 Company share capital increase with public offering and private placement totally for the amount of two billion four hundred fourteen million seven hundred sixty four thousand and eight hundred drachmas (2,414,764,800), with the issue of six million eight hundred ninety nine thousand and three hundred twenty eight (6,899,328) new common registered shares with voting right of three hundred drachmas (350) nominal value each.
ab. 30.6.2001 Company?s share capital increase with capitalization of reserves from the issue of shares at share premium, for the total amount of forty three million nine hundred eighty seven thousand and one hundred forty eight drachmas (43.987.148), or one hundred twenty nine thousand eighty nine euros (129.089), with simultaneous increase of the nominal value of each share from three hundred and fifty drachmas (350) to three hundred and fifty drachmas ninety seven cents (350,9725), or one euro and three cents (1,03).
ac. 25.5.2002 Company's share capital increase with capitalization of reserves from the issue of shares at share premium for the total amount of fifty eight million eight hundred thousand and three hundred euros (58,800,300), with simultaneous increase of the nominal value of its share by one euro and thirty cents (1.30), namely from one euro and three cents (1.03) to two euros and thirty three cents (2.33).
ad. 25.5.2002 Company share capital decrease by twenty three million five hundred twenty thousand and one hundred and twenty euros (23,520,120), with simultaneous decrease of the share's nominal value by fifty two cents (0.52), namely from two euros and thirty three cents (2.33) to one euro and eighty one cents (1.81), for the purpose of a proportional, equal-amount allocation to shareholders.
21.5.2003 Company share capital decrease by twenty four million four hundred twenty four thousand and seven hundred and forty euros (24,424,740), with simultaneous decrease of the share's nominal value by fifty four cents (0.54), namely from one euro and eighty one cents (1.81) to one euro and twenty seven cents (1.27), for the purpose of a proportional, equal-amount allocation to shareholders.
ae. 17.12.2003 Company share capital decrease by three hundred ninety four nine hundred eighty two thousand euros and seventy cents (394,982.70), due to the cancellation of three hundred eleven and ten (311,010) Company treasury shares, pursuant to article 16 para. 12, of codified law 2190/20.
af. 17.12.2004 Company share capital decrease by one million seventy two thousand five hundred and two euros and thirty cents (1,072,502.30), due to the cancellation of eight hundred forty four thousand four hundred and ninety (844,490) Company treasury shares, pursuant to article 16 para. 12, of codified law 2190/20.
agΙ. 17.12.2004 Company share capital decrease by fourteen million nine hundred eighty five thousand and six hundred and seventy euros (14,985,670), with simultaneous decrease of the share's nominal value by thirty four cents (0.34), namely from one euro and twenty seven cents (1.27) to ninety three cents (0.93), for the purpose of a proportional, equal-amount allocation to shareholders.
ah. 30.6.2006 Company share capital increase by twenty six million four hundred forty five thousand three hundred (26,445,300) euros with capitalization of reserves (profit of previous years) with simultaneous increase of the nominal value of each share by sixty (0.60) cents, namely from ninety three cents (0.93) to one euro and fifty three cents (1.53).
ai. 11.4.2007 Company share capital increase with cash payment by two million twenty three thousand sixty five euros and forty five cents (2,023,065.45) with the issue of one million three hundred twenty two thousand two hundred and sixty five (1,322,265) new common registered shares with voting right of one euro and fifty three cents (1.53) nominal value each share and subscription price of (4) four euros each share.
29.6.2007 revocation of the decision as of 11.4.2007 by the Extraordinary General Shareholders Meeting due to non approval of shares allocation way by the Capital Market Commission and recovery of the Company's share capital to the amount of sixty seven million four hundred thirty five thousand five hundred and fifteen Euros (67,435,515) divided in forty four million seventy five thousand and five hundred common registered shares (44, 075,500)with voting right of one euro and fifty three cents (1.53) of nominal value each share.
aj. 29.06.2007 Company share capital decrease by forty four million seventy five thousand five hundred euros (44,075,500), with simultaneous decrease of the share's nominal value by one euro (1.00), namely from one euro and fifty three cents (1.53) to fifty three cents (0.53), for the purpose of a proportional, equal-amount allocation to shareholders.
al. June 6, 2008 Company's share capital increase by twenty eight thousand two hundred and eight euros and thirty two cents (28,208.32) with capitalization of the reserve 'difference from the issue of shares at share premium' with an increase of the nominal value of each share by 0.00064 cents of the Euro, namely from fifty three cents (0.53) to 0.53064 cents; subsequently, decrease of each share?s nominal value by 0.09064 cents, namely from 0.53064 cents to forty four cents (0.44) with the issue-due to this decrease- of nine million seventy nine thousand five hundred and fifty three (9.079.553) new common registered shares of forty four cents (0.44) nominal value each.
am. 29.04.2011 Company share capital increase with payment in cash by the amount of five million two hundred sixty two thousand three hundred and fifty euros and twenty eight cents (5,262,350.28) and the issue of eleven million nine hundred fifty nine thousand and eight hundred eighty seven (11,959,887) new common registered shares with voting right, forty four cents (0.44) nominal value each share.
As a result, the company's share capital amounts to twenty eight million six hundred fifty thousand five hundred seventy three euros and sixty cents (28,650,573.60) divided in sixty five million one hundred fourteen thousand nine hundred and forty (65,114,940) common registered shares of forty four (0,44) cents nominal value each.
A draft of the Company's Articles of Association, as applying after the modifications proposed in the Extraordinary General Shareholders Meeting is available on the Company web address (www.iaso.gr), and on ATHEX web address (www.ase.gr).