DOCUMENT FOR THE PROVISION OF INFORMATION UNDER L.3401/2005 (article 4 par. 2 f)
S&B INDUSTRIAL MINERALS S.A.: DOCUMENT FOR THE PROVISION OF INFORMATION UNDER L.3401/2005 (article 4 par. 2 f) REGARDING THE TRADING OF NEW SHARES IN THE FRAMEWORK OF ANNUAL IMPLEMENTATION OF STOCK OPTIONS PLAN FOR EXECUTIVES
S&B Industrial Minerals (S&B or the Company), makes this announcement in connection to the exercise of stock options by employees of the Company and its affiliated companies. Following S&B's announcement on 16.11.2012 related to the Stock Options Plan granted to top management executives and approved by the General Shareholders Meeting, the Company, herewith, informs about the exercise price, the number of shares that were granted and the listed on the Athens Exchange upon application by the Company, as follows:
1. Out of a total of 54 executives (22 of which are executives of the Company's foreign affiliates) who were entitled to the offering, 17 executives (4 of which are executives of the Company's foreign affiliates) exercised their Stock Option rights by written notice to the Company's Board of Directors.
2. The offer concerned 428,024 new, ordinary, registered shares of the Company of a nominal price of €1 each, out of which 87,175 options were actually exercised and an equal number of shares issued.
3. The issue price of the new shares is as follows:
|
Plan |
Exercise Price |
Options exercised / Shares granted |
Amount |
|
2008 Plan |
€7.53 |
0 |
- |
|
2009 Plan |
€4.06 |
42,775 |
173,666.50 |
|
2010 Plan |
€3.90 |
35,300 |
137,670.00 |
|
2011 Plan |
€4.52 |
9,100 |
41,132.00 |
|
TOTAL |
|
87,175 |
€ 352,468.50 |
4. The payment in cash of the share capital increase was concluded on 07.12.2012 and amounted to €352,468.50. It was certified by a decision of the Company's Board of Directors on 7.12.2012 and recorded in the Register of Societes Anonymes on 28.12.2012 with decision K5-976 of the Ministry of Development, Competitiveness, Infrastructure, Transport and Networks.
5. Following the above increase, the Company's share capital amounts to €51,197,862 divided to 51,197,862 common, registered shares of nominal value €1 each.
6. The Company will proceed with all necessary actions required by law, in order to effect the listing of the new shares on the Athens Exchange.
Mr. Ioannis Christodoulakis, Chief Financial Officer of S&B Industrial Minerals S.A. is responsible for compiling this document and for the accuracy of the information contained herein. Tel.: 210 6296152
Copies of the document are available from the Company's registered seat (15 A.Metaxa Str., 145 64 Kifissia, P.O. Box 51528) and in electronic form from the Company's website (http://www.sandb.com).
Further information may be obtained from Mr. Haris kotsokolos, Investor Relations Manager, tel.: 210 6296157