 |
|
| Listed Companies' Press Releases |
 |
|
Press Search |
Monthly Press
|
|
| 10/08/2009 |
LAMDA DEVELOPMENT S.A.
EUROBANK PROPERTIES REIC
HELLENIC DUTY FREE SHOPS S.A.
AEGEAN AIRLINES S.A.
AEGEAN AIRLINES S.A.
MINOAN LINES SA
MICHANIKI S.A.
LAMDA DEVELOPMENT S.A.
SCIENS INTERNATIONAL INVESTMENTS AND HOLDINGS SA
ASPIS BANK S.A.
ATTICA HOLDINGS S.A.
|
|
LAMDA DEVELOPMENT S.A. : Announcement
|
In accordance with Regulation of the Committee of European Community no 2273/2003, article 4, par.4, LAMDA Development S.A. (the Company) announces that following the decision of the Annual General Meeting of the Shareholders of the Company and the Board of Directors' resolution (dated May 5, 2009) purchased own shares through the Athens Exchange Member Eurobank EFG Securities Investment Firm S.A., as follows:
On August 7, 2009 the Company purchased 700 shares, with average cost price euro 6,83 per share and total purchase price euro 4.781,50. |
|
EUROBANK PROPERTIES REIC : Announcement of acquisition of own shares .
|
In accordance with Regulation of the Committee of European Community no 2273/2003, article 4, par.4, Eurobank Properties REIC ("the Company") announces that following the decision of the Annual General Meeting of the Shareholders of the Company (dated March 16th, 2009) and the Board of Directors. resolution (dated March 16th, 2009), purchased, own shares through the Athens Exchange Member Eurobank EFG Securities Investment Firm S.A. as follows:
On August 7, 2009 the Company purchased 1.000 shares, with average price euro 7.79 per share and total purchase price euro 7.790,00
|
|
HELLENIC DUTY FREE SHOPS S.A. : Share buyback
|
HELLENIC DUTY FREE SHOPS S.A. announces that, in accordance with article 4 par. 4 of the 2273/2003 Regulation of the EU Committee and the article 16 par. 5 of the law 2190/1920, following the decisions of its Annual General Assembly, dated on 18.06.2009, and its Board of Directors, dated on 18.06.2009, acquired own shares, through the ASE member N. KOMNINOS Securities S.A., as follows:
On 07.08.2009 the Company acquired 1,750 shares, for an average price of euro 6.23 per share, of total value euro 10,905.06
In total the Company holds, 741,260 shares representing 1.4072% of its issued share capital.
|
|
AEGEAN AIRLINES S.A. : Notification of significant changes in voting rights according to L. 3556/2007
|
| AEGEAN AIRLINES (the company) announces in accordance with L. 3556/2007, the resolution 1/434/3.7.2007 and Circular number 33 of the Hellenic Capital Market Commission that shareholder Mr. Leonidas Ioannou has submitted on 10/08/2009 to the Hellenic Capital Market Commission and the company notification of significant changes in voting rights according to which following a donation of 3,550,000 shares that took place on 07/08/2009 to his children, his participation in the company's share capital fell from 5.964% (corresponding to 4,260,000 shares and voting rights) to 0.993% corresponding to 710,000 shares and voting rights. |
|
AEGEAN AIRLINES S.A. : Notification of transaction according to article 13 of L.3340/2005
|
| AEGEAN AIRLINES S.A. (the company) announces, according to L. 3556/2007, the resolution of the Hellenic Capital Market Commission 1/434/3.7.2007 and article 13 of L.3340/2005, that Mr. Christos Ioannou, non executive member of the company's Board of Directors, acquired on 07/08/2009 due to a donation from Mr. Leonidas Ioannou 1,065,000 shares of the company, which correspond to a 1.49% stake in the company's share capital and voting rights.
|
|
MINOAN LINES SA : Announcement of regulated information according to the Law 3556/2007
|
The company Minoan Lines S.A. announces that the legal entity (GRIMALDI COMPAGNIA DI NAVIGAZIONE Spa) associated with Mr Emanuele G. Grimaldi Chairman of the Board of Directors (Liable person according to the article 13 of L. 3340/2005) bought 700 ordinary shares of a total value of euros 2,309.51 on August 7th, 2009.
The aforementioned announcement is in accordance with L. 3556/2007 (art.3 and 21) and in combination with the resolution of the H.C.M.C. 1/434/3.7.2007 (Art. 11).
|
|
MICHANIKI S.A. : Publication of regulated information
|
| MICHANIKI S.A, in accordance with the provisions of law 3556/2007, (art. 3, 21) coupled with the art. 11 of Decision 1/434/3.7.2007 of the Hellenic Capital Market Commission, notifies that the shareholder and President of the Board of Directors of the company, P. Emfietzoglou proceeded on August 5, 2009 with the purchase of 3,000 common shares of total value euro 6,190 and on August 7 with the purchase of 2,500 common shares of total value euro 4,810. Additionally M. Emfietzoglou, Managing Director of the company, proceeded on August 5 with the purchase of 500 preferred shares of total value euro 745. |
|
LAMDA DEVELOPMENT S.A. : Announcement of regulated information according to Law 3556/2007
|
LAMDA Development S.A. (the Company) in accordance with the provisions of Laws 3556/2007 and 3340/2005, as well as the Decision 1/434/3.7.2007 of the Hellenic Capital Market Commission, announces that Consolidated Lamda Holdings S.A. on August 7, 2009 acquired 200 Company's registered common shares with total amount of euro 1.376,00.
Consolidated Lamda Holdings S.A. is pursuant to the provisions of Law 3340/2005 a related legal entity with Messrs. F. Antonatos, E.L. Bussetil, P. Kalantzis who are non executive members of the Company's Board of Directors and Mr. A. Tamvakakis, Vice Chairman, non executive member of the Company's Board of Directors. |
|
SCIENS INTERNATIONAL INVESTMENTS AND HOLDINGS SA : Purchase of own shares
|
| In accordance with article 4, par. 4 of Regulation 2273/2003 of the Commission of European Union, "Sciens International Investments and Holdings S.A." announces that following the resolution of the Extraordinary General Meeting of the Shareholders dated February 05, 2008 and the Board of Directors' resolutions dated March 5, 2008 and September 30, 2008, and in accordance with article 16 of L. 2190/1920, during the trading session of 10.08.2009 acquired 17,900 own shares through "MERIT Securities A.E.P.E.Y." at the price of euro 0.66 per share and the total value of the transaction amounted to euro 11,842.00.
|
|
ASPIS BANK S.A. : Press Release - Earnings As At H1 2009
|
Key financial figures of ASPIS BANK Group
The highlights of ASPIS BANK Group, for H1 2009 are summarized as follows:
Total assets, increased by 1% to euro 2.65 billion versus euro 2.62 billion at the end of 2008.
Loans net of provisions, decreased by 5.6% to euro 2 billion versus euro 2.1 billion at the end of 2008.
Customer deposits, increased by 11% to euro 2.21 billion versus euro 1.99 billion at the end of 2008.
The loan-to-deposit ratio reached 94.7%.
Operating expenses decreased by 21% to euro 44.6 million versus euro 56.3 million in H1 2008.
Loss after tax and minority interest, amounted to euro 30.5 million.
Total capital adequacy ratio is estimated at 8.8% (consolidated basis) and 10.4% (non consolidated basis).
With the economic environment still changing, ASPIS BANK unimpeded implements its strategic plans, which have timely been re-adjusted based on the deteriorating conditions.
Following the enhancement of liquidity through targeted actions such as the completion of the securitization of euro 424 million residential mortgage loans, and the significant increase of customer deposits compared to the end of 2008, ASPIS BANK is in the next phase of its strategy. In order to achieve growth, the Bank focuses on the strengthening of its capital adequacy. Towards that, the Extraordinary Meeting of ASPIS BANK's Shareholders resolved to increase the share capital via cash payment with a pre-emption right in favour of the existing shareholders at a ratio of 2 new to 1 old share, aiming at raising funds of euro 120 million. Depending on the economic and capital market conditions at the time of the relevant resolution of the Bank's Board of Directors the offer price may be set at levels that will lead to higher funds raised. Furthermore, the Bank's shareholders resolved to decrease the par value of the Bank's ordinary registered shares to euro 0.60 from euro 2.71 each, which will precede the share capital increase.
At the same time the rationalization and reduction of operating expenses program continues unimpeded, the results of which have a positive effect on the Bank's financial performance.
During Q2 2009 targeted actions to increase the Bank's penetration in the consumer credit market have been taken. Towards that, an innovative product, ASPIS One MasterCard was launched to the market. Simultaneously, the recently developed private banking activities (ASPIS Premium Banking) are growing. The network of Business Centers, which supports the Bank's SMEs financing activities, is expanding. The recently established business center network counts 2 such centers and is expected to expand to 5 by the end of 2009.
The slowdown in economic activity imposed the containment of Banks activities and the readjustment of the provisioning policy, which increased significantly in order to immunize the Bank against future potential losses. Financial performance was negatively affected by these factors, and loss after tax and minority interests amounted to euro 30.5 million.
Review of Group Balance Sheet
Total assets increased by 1% ytd, reaching euro 2.65 billion. Given the slowdown in economic activity, ASPIS BANK maintained its conservative lending policy and increased provisions for loan losses. Thus, loans net of provisions decreased by 5.6% ytd to euro 2 billion. Targeted actions of the Bank to enhance consumer credit growth continued unimpeded. Credit cards and consumer loans, which account for 7% of ASPIS BANK Group loan portfolio, increased by 8% ytd and by 18% yoy respectively. Loans to small and medium sized enterprises decreased by 8% ytd as a result of low economic activity and the application of stricter credit criteria.
Customer deposits increased by 11% to euro 2.21 billion versus euro 1.99 billion at the end of 2008. The loan-to-deposit ratio reached 94.7%, which is satisfactory given the market conditions, and ensures the Bank's capacity for growth.
Given the reported losses, the Group total equity decreased by 19% ytd to euro 132 million. The group total capital adequacy ratio is estimated at 8.8%. Following the successful completion of the impending share capital increase, the capital adequacy ratio will substantially be strengthened to one of the highest ratios in the Greek banking market.
Review of Group results
The ASPIS BANK Group recorded losses after taxes and minority interests of euro 30.5 million as a result of the suppression of the Bank's activities which was not offset by the reduction interest expenses and operating expenses by 21%.
Net interest margin, which has been suppressed during 2009, is being improved compare to the first months of 2009, due to the de-escalation of deposit interest rates and interbank market interest rates. The de-escalation of interest rates resulted in the reverse of the upward trend of interest expenses during the last quarters. In specific, interest expenses decreased by 2% in relation to H1 2008. Nevertheless, interest expense reduction could not offset the reduction of interest income. Consequently, net interest income decreased to euro 7 million versus euro 23 million in H1 2008.
The containment of the Bank's operations has resulted in a reduction of net commission income by 23% to euro 9 million versus euro 12 million in H1 2008. Profits from financial transactions amounted to euro 1.8 million versus losses of euro 0.8 million in H1 2008.
The uninterrupted implementation of the Bank's program for rationalization and reduction of operating expenses resulted in a reduction of operating expenses by 21% to euro 44.6 million. Administrative expenses decreased by 11% to euro 15.9 million versus euro 17.8 million in H1 2008 as a result of reduction of all expenses categories. Staff expenses decreased by 31% to euro 22.5 million versus euro 32.7 in H1 2008, which had been burdened with one-off expenses. Depreciation increased to euro 6.15 million versus euro 5.7 million in H1 2008.
Provisions as a result of the readjustment of provisioning policy and the adverse economic climate increased by 49% and reached to a total of euro 16 million versus euro 11 million in H1 2008.
Following the successful completion of the forthcoming share capital increase and given the enhanced liquidity and the readjusted provisioning policy, the Management of ASPIS BANK is optimistic to return to profitability.
|
|
ATTICA HOLDINGS S.A. : Announcement of Regulated Information according to Law 3556/2007
|
| Attica Holdings S.A. (the Company), pursuant to the provisions of the Law 3340/2005 and the Law 3556/2007, the Decision 1/434/03.07.2007 and the Circular nr. 33 of the Hellenic Capital Market Commission, announces that MARFIN INVESTMENT GROUP HOLDINGS S.A., a company which may be considered closely associated to the Vice-Chairman of the Board of Directors Mr. Andreas Vgenopoulos, bought 700 ordinary shares of Attica Group of total value Euro 1,399.96 on 6th August, 2009.
|
|
|
|
|
|
|
