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BANÊ OF CYPRUS PUBLIC COMPANY LTD|
MARFIN POPULAR BANK PUBLIC CO LTD
COCA-COLA Å.Å.Å. S.A.
J. & P. - AVAX S.A.
ELLÉNIÊÉ TECHNODOMIKI TEB S.A.
CÇ. ROKAS S.A.
PIRAEUS BANK S.A.
NOTOS COM HOLDINGS S.A.
BANÊ OF CYPRUS PUBLIC COMPANY LTD
BANÊ OF CYPRUS PUBLIC COMPANY LTD : Dates for the announcement of targets for the three-year period 2007-2009 and financial results for 2006
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MARFIN POPULAR BANK PUBLIC CO LTD : The judgment of the shareholders and the market cannot be obstructed or dictated.
We regret to announce that Piraeus Bank, using confidential information provided to Mr. Sallas as a gesture of good will and in accordance with market''s ethics, proceeded immediately thereafter to issue an announcement last night of an alleged "public tender offer" for the acquisition of Marfin Popular Bank. Such announcement, contrary to market regulations and best practices, was issued without having previously informed nor obtained the necessary approvals by the relevant regulatory authorities.
This confidential information was that Marfin Popular Bank, following all appropriate procedures, intended to submit today public offers for the acquisition of Piraeus Bank and of Bank of Cyprus, aimed at creating the largest bank in the Greek-Cypriot market and a sizeable European player.
Our public offers will of course be submitted as originally planned in order to give to the shareholders of all three banks the opportunity to assess whether their acceptance adds value to their investment.
We believe that the efforts of Piraeus Bank''s management to obstruct or dictate the judgment of the shareholders and the market cannot be successful.
FORTHnet S.A. : Successful placement of FORTHnet shares via an Accelerated Global Tender
HELLENIC COMPANY OF TELECOMMUNICATIONS & TELEMATIC APPLICATIONS (FORTHNET) S.A. ("FORTHNET" announces that its shareholders Novator Equities Ltd, Cycladic Catalyst Master Fund and Foundation for Research and Technology (together the "Selling Shareholders") notified FORTHNET of the successful completion of the accelerated book building process for the sale of existing FORTHNET shares held by them to international and domestic qualified investors (within the meaning of Article 2(1)(e) of the Prospectus Directive (Directive 2003/71/EC) via a private placement outside the US, under the Reg S exemption (the "Placement"). 8.1m shares were placed at EUR10.20 per share, representing 21.0% of FORTHNET''s outstanding share capital. The final size of the Placement was significantly above the minimum thresholds initially set by each of the Selling Shareholders due to strong international and domestic demand.
It is expected that the shares placed will be transferred during the course of today and the relevant trade will be settled on Wednesday, 17 January, 2007.
Merrill Lynch International acted as Sole Bookrunner, with Alpha Finance as Co-Lead Manager for the Placement.
Merrill Lynch International is acting for the Selling Shareholders and no one else in connection with the Placement. Merrill Lynch will not regard any other person (whether or not a recipient of this communication) as its client in relation to the Placement and will not be responsible to anyone other than the Selling Shareholders for providing the protections afforded to its clients nor for giving advice in relation to the placement or the contents of this communication or any transaction or arrangement referred to in this communication.
THIS ANNOUNCEMENT IS NOT AN OFFER OF SECURITIES FOR SALE IN THE UNITED STATES. SECURITIES MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES ABSENT REGISTRATION OR AN EXEMPTION FROM REGISTRATION.
THIS ANNOUNCEMENT IS BEING DISTRIBUTED IN THE UNITED KINGDOM ONLY TO, AND IS DIRECTED AT (A) PERSONS WHO HAVE PROFESSIONAL EXPERIENCE IN MATTERS RELATING TO INVESTMENTS WHO FALL WITHIN ARTICLE 19(1) OF THE FINANCIAL SERVICES AND MARKETS ACT 2000 (FINANCIAL PROMOTION) ORDER 2005 (THE "ORDER") OR (B) HIGH NET WORTH ENTITIES, AND OTHER PERSONS TO WHOM IT MAY OTHERWISE LAWFULLY BE COMMUNICATED, FALLING WITHIN ARTICLE 49(1) OF THE ORDER (ALL SUCH PERSONS TOGETHER BEING REFERRED TO AS "RELEVANT PERSONS"). THE SECURITIES TO WHICH THIS ANNOUNCEMENT RELATES ARE AVAILABLE ONLY TO, AND ANY INVITATION, OFFER OR AGREEMENT TO SUBSCRIBE, PURCHASE OR OTHERWISE ACQUIRE SUCH SECURITIES WILL BE AVAILABLE ONLY TO OR WILL BE ENGAGED IN ONLY WITH, RELEVANT PERSONS. ANY PERSON WHO IS NOT A RELEVANT PERSON SHOULD NOT ACT OR RELY ON THIS ANNOUNCEMENT OR ANY OF ITS CONTENTS. PERSONS DISTRIBUTING THIS ANNOUNCEMENT MUST SATISFY THEMSELVES THAT IT IS LAWFUL TO DO SO.
ANY OFFER OF SECURITIES TO THE PUBLIC THAT MAY BE DEEMED TO BE MADE PURSUANT TO THIS COMMUNICATION IN ANY EEA MEMBER STATE THAT HAS IMPLEMENTED EU DIRECTIVE 2003/71/EC (TOGETHER WITH ANY APPLICABLE IMPLEMENTING MEASURES IN ANY MEMBER STATE, THE "PROSPECTUS DIRECTIVE") IS ADDRESSED SOLELY TO QUALIFIED INVESTORS (WITHIN THE MEANING OF THE PROSPECTUS DIRECTIVE) IN THAT MEMBER STATE.
COCA-COLA Å.Å.Å. S.A. : Conference Call Invitation Full Year 2006 Financial Results and Conference Call Wednesday, 14 February 2007
Coca-Cola Hellenic Bottling Company S.A. (Coca-Cola HBC, CCHBC) today announced that it will release Full Year 2006 financial results on Wednesday, 14 February 2007 at 8:30 am Athens Time, 6:30 am London Time, 1:30 am New York Time. The press release and presentation slides will be available as of that time on our website: www.coca-colahbc.com.
CCHBC Management will host a conference call, with financial analysts, discussing the results, on:
Date: Wednesday, 14 February 2007
Time: 4:00 pm Athens Time
2:00 pm London Time
9:00 am New York Time
Participants should dial one of the following numbers and quote "Coca-Cola HBC":
Greek participants please dial 00800 4413 1378
UK participants please dial 0800 953 0329
US participants please dial 1866 819 7111
Other Intl'' participants please dial +44 1452 542 301
Alternatively, participants can log into www.coca-colahbc.com for a live audio webcast of the conference call.
The conference call, which will include management''s remarks, followed by a Question-and-Answer session with financial analysts, will last approximately one hour.
Please dial in approximately 10 minutes ahead of the scheduled start time to ensure your participation.
Replay after the conference call:
This service will be available until and including February 22nd, 2007
UK callers please dial 0800 953 1533
Greek and other international callers please dial +44 1452 55 00 00
US callers please dial 1866 247 4222
Access code: 1602505#
Replay through the Internet:
An audio archive of the same replay can also be accessed following the conference call through the Internet at www.coca-colahbc.irevents.com. This service will be available until March 1st, 2007.
Coca-Cola HBC is one of the world''s largest bottlers of products of The Coca-Cola Company and has operations in 28 countries serving a population of 540 million people. CCHBC shares are listed on the Athens Exchange (ATHEX: EEEK), with secondary listings on the London (LSE: CCB) and Australian (ASX: CHB) Stock Exchanges. CCHBC''s American Depositary Receipts (ADRs) are listed on the New York Stock Exchange (NYSE: CCH).
J. & P. - AVAX S.A. : Publication of Group Presentation
|J&P-AVAX''s presentation to analysts and portofolio managers dyuring an event hosted in London by Citigroup on Friday, January 12, 2007 may be accessed at our corporate website www.jp-avax.gr under the News & Presenrations > Presentation Section.
ELLÉNIÊÉ TECHNODOMIKI TEB S.A. : Presentation at the Foreign Institutional Investors
|We inform the investors that the updated corporate presentation of the Group is on the website of the Company, www.etae.com and has also been sent to the Athens Exchange. This presentation is presented today to foreign institutional investors in London during the road show "Greek Construction Day" hosted by CITIGROUP.|
CÇ. ROKAS S.A. : C. ROKAS S.A. proceeds with the develpoment of 4 wind farms in Cyprus of 179,4 MW total capacity
C. ROKAS S.A., through its subsidiary Rokas Aeoliki Cyprus Ltd, has been granted four production licenses by the Cyprus Energy Regulatory Authority (CERA) for the installation of new wind farms in Cyprus of a total capacity of 179.4 MW. The total investment cost is estimated at approximately euro 200 mil.
The above wind farms will be developed in two stages: Stage A includes the development of 89.7 MW in the existing electrical grid. The construction is expected to begin by the end of 2007 and completed in 2008. Stage B includes also the development of 89,7 MW total capacity, which will be based however on the upgrade of the electrical grid in Cyprus in the near future.
JUMBO S.A. : Announcement
Pursuant to the Capital Market Commission BoD resolution no. 13/375/17.03.2006, the company ?JUMBO LIMITED TRADING COMPANY? announces the following to the investing public:
The Capital Market Commission, pursuant to the General Manager?s Decision no. 8/08.01.2007, has decided that:
1. EFG EUROBANK Securities S.A. shall be appointed as the member of the Athens Stock Exchange in charge to sell nine hundred twenty eight (928) shares that derive from unsold fractions of shares, which have come up due to the increase of the company?s share capital, which was decided in the Shareholders? 1st Repeat Extraordinary General Meeting, on 03.05.2006.
2. Shares will be sold on Monday, January 15, 2007, pursuant to article 99 of the Athens Stock Exchange Regulation. The starting price of the shares shall not be lower than the previous daily close of the share, in a rate greater than two per cent (2%).
3. The Member must on the same day inform the Central Securities Depository and the Capital Market Committee on the outcome of the sale.
The product of the above sale will be submitted by the Athens Stock Exchange Member, on behalf of the company, to the Deposit and Loans Fund. The investing public will be informed on the outcome of the sale, the procedure and the supporting documents required, in order for them to receive the amount they have the right to by the Deposit and Loans Fund.
PIRAEUS BANK S.A. : Illegitimate reactions and late statements by MARFIN
The Management of Piraeus Bank denies disclosures and information according to which it had been allegedly officially notified of Marfin Popular Bank''s intention to take over Piraeus Bank. Such an intention may not be serious unless it is concrete. It would be concrete if, first, it specified the acquisition target and bank and, second, defined the main acquisition terms and conditions. At no time -so far- has Marfin Popular Bank stated in an official and binding way whether it is interested in taking over Bank of Cyprus (whose principal shareholder is Piraeus Bank) or Piraeus Bank directly. Besides, no official and concrete public tender offer has been announced, although Marfin Popular Bank is tardily claiming that it had communicated its intentions.
The resolution of the Piraeus Banks Board of Directors on the public offer to the shareholders of Marfin Popular Bank -clear in its content and terms- was announced duly and in writing on January 11 2007, as soon as it was made, in implementation of the Bank''s business plans. It is quite clear that there is currently only one public tender offer and is coming from Piraeus Bank. The latter has already committed itself officially and in writing to the supervisory authorities of Greece and Cyprus.
Since Piraeus Bank has resolved upon proceeding to an official and binding public offer, which was communicated both to the competent authorities and to the Board of Directors of Marfin Popular Bank, any subsequent takeover offer to be resolved upon by the Board of Directors of Marfin Popular Bank, is unlawful and non-compliant to normal procedure, according applicable legislation and standard international practice.
One wonders, what kind of confidential information with respect to a concrete public tender offer could have been supplied by Marfin Popular Bank, given that as of this morning''s press release the Board of Directors of Marfin Popular Bank still claims that it will convene today to resolve upon this matter.
PANTECHNIKI S.A. : Announcement of financial audit for the year 2005
|In the context of fulfilling the company''s obligation for announcement of information in accordance with the article 275 paragraph D of the Hellenic Stock Market Commission Regulation, the company PANTECHNIKI S.A. announces that the financial audit for the year 2005 has been completed. From the audit certain differences, amounting to the sum of 213.986,30 euros occurred, of which 42.342,00 euros have already been paid to the Greek Public Authorities while the remaining sum of 171.644,30 euros will be paid within the fiscal year 2007.
IASO S.A. : Announcement
|The Board of Directors of IASO S.A. decided in principle to propose to the General Assembly of the shareholders to distribute shares at preferential terms to the new doctors of the company,through a non preemptive share capital increase. The terms of the distribution of shares will be decided at a later meeting of the Board of Directors, together with the decision for the date of the relevant General Assembly.
NOTOS COM HOLDINGS S.A. : Announcement
Further to information publicized on 30/11/2006 in the Imerisia financial newspaper for the period 01/01/2006 to 30/09/2006, NOTOS COM Holdings SA informs the investment community that Company and Group transactions with affiliates in the sense of IAS 24 for the remaining period were as follows:
1. Company and Group turnover of goods and services reached 8,502 thd euro and 416 thd euro (versus 392 thd euro) respectively.
2. Company and Group purchases of goods and services reached 4,530 thd euro and 1,039 thd (versus 392 thd) respectively.
3. Company and Group receivables on 30/09/2006 were 7,320 thd euro and 164 thd (versus 1,043 thd) respectively.
4. Company and Group payables on 30/09/2006 were 2,406 thd euro and 466 thd (versus 1,043 thd) respectively.
5. Remuneration for members of the Board of Directors who are also company managers reached 635 thd euro on 30/09/2006.
6. Finally, there were no amounts receivable nor payable to and from company managers who are also members of the Board of Directors on 30/09/2006.
MICHANIKI S.A. : Michaniki is participating in Greek Construction Day
MICHANIKI S.A. participates in Citigroup Greek Construction Day that takes place in London, on January 12, 2007.
More specific the company will present the results and her prospects in public of institutional investors as well as in one-on-one meetings with Mutual Funds and Financial Institutions.
See the presentation
BANÊ OF CYPRUS PUBLIC COMPANY LTD : Ôhe Board of Directors of BANK OF CYPRUS rejects the declared intention by MARFIN POPULAR BANK to submit a public tender offer to the shareholders of BANK OF CYPRUS
At its extraordinary meeting held today, the Board of Directors of Bank of Cyprus has examined the letter it received this morning from Marfin Popular Bank regarding the latter''s declared intention to submit a public tender offer to the shareholders of Bank of Cyprus.
Despite the fact that there are questions regarding the legality and validity of the proposed offer by Marfin Popular Bank to the shareholders of Bank of Cyprus, the Board of Directors considers it appropriate to inform its shareholders, staff and the investing public in general about the essence of these developments.
The Board of Directors of Bank of Cyprus considers that the declared intention of Marfin Popular Bank:
* Cannot be taken seriously as it comes from an organisation which has only recently been created through the combination of three financial institutions, whose operations have not as yet been merged. International practice indicates that mergers require time and close co-operation by all parties involved. Consequently, the intended hostile acquisition of another two larger banking organisations by Marfin Popular Bank entails high risks for the shareholders and staff of all involved.
* Offers a proposed consideration which comprises solely of Marfin Popular Bank shares. To date, Marfin Popular Bank has not published its audited consolidated financial statements of the recently merged entity, which are fundamental for the correct assessment of the proposed consideration, thus entailing significant risks for the shareholders of Bank of Cyprus. Besides, the public tender offer announced by Bank of Piraeus yesterday (11 January 2007) values Marfin Popular Bank at approximately half its current market value.
* Does not reflect the history, size, credibility and excellent prospects of the largest Bank in Cyprus.
The Board of Directors also believes that any potential combination of Marfin Popular Bank with Bank of Cyprus will create a significant concentration of the Cypriot banking sector in one organisation, with clear adverse implications on the level of competition in the market and on the wider economy of Cyprus.
The autonomous expansion of the activities of Bank of Cyprus in Cyprus, Greece and the promising markets of Russia and Romania will generate significant value to shareholders. Consequently, contrary to Marfin Popular Bank, the future profitability of Bank of Cyprus will continue to be based on recurring and steadily increasing profits derived primarily from banking activities.
The Board of Directors has unanimously reached the conclusion that the declared intention of Marfin Popular Bank is not in the best interest of the shareholders, staff and customers of Bank of Cyprus or the wider economy.