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| 16/10/2007 |
BANÊ OF CYPRUS PUBLIC COMPANY LTD
TITAN CEMENT COMPANY S.A.
METKA S.A.
JUMBO S.A.
MARFIN POPULAR BANK PUBLIC CO LTD
SFAKIANAKIS S.A.
IASO S.A.
MICROLAND COMPUTERS S.A.
M. J. MAILLIS S.A.
SPRIDER STORES S.A
LAMDA DEVELOPMENT S.A.
MARFIN INVESTMENT GROUP HOLDINGS SA
PIRAEUS REAL ESTATE INVESTMENT COMPANY
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BANÊ OF CYPRUS PUBLIC COMPANY LTD : Announcement
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In September 2006, the Trustees of the AremisSoft Corporation Liquidating Trust filed civil actions against Bank of Cyprus and other European banks in connection with accounts maintained at Bank of Cyprus and other European banks by AremisSoft, Lycourgos Kyprianou, the ex-President and Managing Director of AremisSoft, and his wife. In August 2007, a federal judge in New York granted the Bank's motion to dismiss that case and found that the appropriate forum for any claims against the Bank is the judicial system in Cyprus. To date, the Trustees have not filed any claims for damages against the Bank in Cyprus.
Following the federal judge's decision dismissing the Trustees' case, the United States Attorney for the Southern District of New York pursuant to a coordination agreement with the Trustees, threatened to file, and on 15 October 2007 filed on a civil action against the Bank based on very similar allegations as the ones set out in the Trustees' civil action already dismissed by the federal judge. Despite the fact that the Bank did not engage in any conduct in the United States, the United States Attorney's civil suit claims that the Bank violated United States law by enabling Kyprianou to channel though $162 million of proceeds from his own fraudulent conduct through accounts maintained at the Bank.
The Bank denies the allegations contained in both civil actions, and regards them as totally unfounded. The Bank maintains that it acted according to law at all times, and is determined to vigorously contest all allegations of wrongdoing whether advanced by the Trustees in Cyprus or the United States Attorney in New York. The Bank does not expect any significant financial or business consequences as a result of such actions because the civil claims are - in its view - factually and legally without merit.
Founded in 1899, the Bank of Cyprus Group is the leading Cypriot banking and financial services group. In 1991, the Group established its first branch in Greece where it has been expanding rapidly since 1999. It has an established banking presence in the United Kingdom and in 2001 it expanded to Australia through a wholly owned subsidiary bank. In addition to retail and commercial banking, the Group's activities include finance, factoring, investment banking, brokerage, fund management, life and general insurance. The Group currently operates through a total of 287 branches, of which 144 operate in Cyprus, 123 in Greece, 6 in the United Kingdom, 11 in Australia, 1 in Romania, 1 in Russia and 1 in the Channel Islands. Bank of Cyprus also has representative offices in Russia, Canada, South Africa and the United States of America. The Bank of Cyprus Group employs 6.555 staff worldwide.
At 30 June 2007, the Group's Total Assets reached C£16,71 bn (euro 28,62 bn) and the Shareholders' Funds were C£1,04 bn (euro 1,77 bn). The Bank of Cyprus shares are listed on the Cyprus and Athens Stock Exchanges. Additional information can be found at the Group's website www.bankofcyprus.com
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TITAN CEMENT COMPANY S.A. : Announcement for purchase of own shares
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The company announces in accordance with article 4 par.4 of Commission Regulation no 2273/2003 of European Communities, that the Company has proceeded to the purchase of own shares, pursuant to decision of the Annual General Meeting of Shareholders dated 10th May 2007 and resolution of the Board of Directors dated 10th May 2007, as follows :
1) On 5.10.2007, the Company purchased 8,000 common shares, with average purchase price euro 36.12 per share and total purchase price euro 288,960.00.
2) On 9.10.2007, the Company purchased 6,000 common shares, with average purchase price euro 35,74 per share and total purchase price euro 214,440.00
3) On 12.10.2007, the Company purchased 3,000 common shares, with average purchase price euro 35,48 per share and total purchase price euro 106,440.00
The above 17,000 common shares in total, were purchased through the Athens Exchange member Alpha Finance, with average purchase price euro 35.87 per share.
16.10.2007 |
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METKA S.A. : Announcement pursuant to Law 3556/2007
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| METKA S.A. announces pursuant to Law 3556/2007 in combination with article 11 of Decision 1/434/03.7.2007 of the Hellenic Capital Market Commission that Mr. Georges Pallas - person obligated to notify pursuant to article 13 of Law 3340/2005 - sold, on Octomber 15 2007, 1.000 common shares of the company of a total value of Euro 18,800.00.
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JUMBO S.A. : Announcement
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Neither the sudden National elections nor the catastrophic fires with the distressing consequences for the total of Greek society, managed to decelerate the Jumbo Group's constant growth.
The management informs the shareholders, which are partners in our efforts, that during the first quarter of the financial year 2007/2008, sales increased by 18% y-o-y which is ahead of the management guidance of 12% -15% sales increase.
Fire had also a direct impact at Jumbo Group. On August 15 the Jumbo shop in Kolonos got fire and as a result its operation was suspended for one month.
The management would like to highlight that the satisfactory results were realized in a complicated national and international environment with negative characteristics:
- The dramatic reduction of Chinese subsidies to the exporters by 8 bps as of 01/07/2007 created a disruption in ports and to products deliveries especially of the back to school products in July and August.
-In China and internationally the cost of money is increasing and as a consequence the cost of goods is increasing too.
- The gradual revaluation of Chinese Yuan and the spectacular developments in the economies of Asia have a negative effect on prices and on deliveries of the products in time.
- The Greek economy despite the fact that it continues to grow with a rate above 4% due mainly to consumption, one can not disregard dangers for the future due to the long lack of measures for the increase of productivity combined with lack of support for such changes from Greek society.
The management would like to inform the shareholders that we are working in order to launch our first store in Balkans until December, before the Christmas period. The store is located near the center of Sofia, Bulgaria.
If there are no last minute surprises from the local bureaucracy, the first shop near the center of Sofia will open in line with the management's expectations and then we will proceed with the construction of 2 more in the neighbour country. The Group has already acquired a plot of 32.500m2 in the Ring Road of the Bulgarian capital, aiming at the construction of a second hyper-store while the company has one more plot inside Sofia for the construction of one more store.
Today, the company operates 39 Jumbo stores of which 16 are situated in Attica, 21 in the Greek province and 2 in Cyprus. The company will introduce in this financial year a new hyper store at the North side of Attica region, Varibobi. The management, in the medium-term, targets to increase its market share above 38% and this will be achieved with new capital investments of euro 150 millions in the next three years.
The management, as a result of the exceptional performance of the Group, will propose at the Annual General Meeting of Shareholders the distribution of 32 eurocents dividend per share an increase of 39% against last year.
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MARFIN POPULAR BANK PUBLIC CO LTD : Announcement.
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Marfin Popular Bank Public Co Ltd confirms press reports that it is examining the acquisition of a Bank in Russia.
In case of relevant decisions being taken, Marfin Popular Bank will immediately inform the investing public. |
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SFAKIANAKIS S.A. : Announcement
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| SFAKIANAKIS S.A. announces that by the decision of the Board of Directors dated 11.10.2007 Mr. Petros Gkoundelas has been appointed as new internal auditor of the Company, in replacement of Mr. Xenofon Lapardas. |
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IASO S.A. : Announcement of regulated information according to the law 3556/2007
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| The company IASO S.A. announces, according to L.3556/2007 (art. 3 and art. 21) in combination with article 11 of Decision 1/434/03.07.2007 of the Hellenic Capital Market Commission that the Independent Member of the Board of Directors, Mr Petropoulos Elias of Filopimenos (bound person according to article 13 of Law 3340/2005), on October 9th, 2007, sold 400 common shares, with a total net value of 4.992,00 euro, on October 11th, 2007, sold 100 common shares, with a total net value of 1.218,00 euro
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MICROLAND COMPUTERS S.A. : New Microland shop in Karditsa
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Microland franchise network is rapidly extended with one more Microland intelligent store in Karditsa at 5 Koumoundourou str. in Karditsa.
Microland, subsidiary company of Altec Group continues consequently its development strategy aiming to expand its network all over Greece.
The differentiation of Microland network lies in the specialised and completed solutions in all the sectors of high technology, in the direct response of consumer's needs, in the most convenient relation price - quality, as well as in the specialised personnel.
Through www.eml.gr Microland's electronic shop, customers can purchase customized solutions of products and services 24 hours per day, 365 days per year.
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M. J. MAILLIS S.A. : Obligation of shareholders and other persons to notify the company, in accordance with Law 3556/2007.
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The company M.J.MAILLIS S.A. wishes to draw the attention of its shareholders and investors to the notification obligations that are laid down by the provisions of articles 9, 10 and 11 of law 3556/2007, the provisions of decision 1/434/3.7.2007 and of the Circular No 33 of the Capital Market Commission.
In order to facilitate the calculation of the thresholds provided here below, M.J.MAILLIS SA informs its shareholders and investors that the share capital of the company currently amounts to 55,614,326.96 Euros, divided in 73,176,746 common registered shares with right of vote, nominal value 0.76 Euros each.
More specifically, in accordance with Law 3556/2007, it constitutes individual obligation of (a) each shareholder of company, who acquires or disposes shares with voting rights, and as a result of their acquisition or disposal the percentage of voting rights that s/he holds or exercises reaches, crosses or goes below the threshold of 5%, 10%, 15%, 20%, 25%, 1/3, 50%, and 2/3 of the total number of the company's voting rights or, provided that s/he holds a percentage of voting rights that is greater than 10%, and makes a change equal to or greater than 3% of the company's total voting rights, and (b) of each person of (shareholder or not), who is entitled to acquire, dispose of or exercise voting rights and consequently the acquisition or the disposal or the exercise of these, the percentage of rights of vote that possesses, reaches, it exceeds or it descends the above thresholds, to concurrently inform the company and the Capital Market Commission as soon as possible and, in any case, at the latest within three (3) days of trading, the first of which is the day following the date on which s/he was notified or should have been notified of the acquisition, disposal of or possibility of exercising the voting rights.
In order to facilitate the follow-up of days of negotiation, the Capital Market Commission publishes in the site (www.cmc.gov.gr) the timetables of days of negotiation of organised markets that function in Greece.
Every notification must include the following information:
(a) the percentage of voting rights that is held as a result of acquisition or disposal, (b) the chain of controlled undertakings through which the voting rights are essentially held, provided that this situation applies, (c) the date on which the percentage of voting rights reached, crossed or went below the above thresholds, (d) the identity of the shareholder, even if she is not entitled to exercise voting rights, and of the person entitled to exercise voting rights on behalf of the said shareholder.
The above notification shall take place through the submission to our Company and to the Capital Market Commission of the TR1 notification form that is posted on our website, legally signed by the person subject to the notification obligation or by another person who is legally authorised. In the event that the person subject to the notification obligation is a legal entity, the form should be signed by its legal representative.
The form is accompanied by an annex, on which the persons subject to the notification obligation must fill in their personal details and then submit it to the Capital Market Commission only.
The person subject to the notification obligation is responsible for the proper completion of the notification form and shall be liable for any inaccuracies and omissions.
The TR1 notification form should be submitted:
1.To our Company head offices at 5 Xenias & Harilaou Trikoupi St., 14562, Kifissia, Shareholder's Department (tel.:+30 210 6285000), during working hours and days, or by sending a fax to the following number: +30 210 6285296(or to the following e-mail address: sotiria.smani@maillis.gr).
The person subject to the notification obligation must ensure the successful dispatch of the documents and their receipt by the Company's competent Shareholder Service Department.
2. To the central registry of the Capital Market Commission at 1 Kolokotroni and Stadiou St., 105 62, Athens; it should be addressed to the Directorate of Public Offerings and Supervision of Listed Companies and it should be marked: "notification of significant changes to voting rights in accordance with law 3556/2007". Submission may also take place by sending a fax to the following number: +30 210 3377243.
The person subject to the notification obligation must ensure the successful dispatch of the documents and their receipt by the competent registry service of the Capital Market Commission.
In case of the notification form is sent through fax, it should be accompanied by a cover sheet that will show the details of the sender, its signature, his contact details and the number of sent pages.
Each person bound to the aforementioned obligations should make sure that all related documentation is successfully received both by the Company's Shareholder Service Department as well as by the competent registry service of the Capital Market Commission.
According to article 26 of law 3556/2007 in the event of a breach of the above obligations, the Capital Market Commission has the authority to issue a reprimand or impose a penalty up to euro 1,000,000.
In order to facilitate our Shareholders and Investors, in relation to the above, we have posted the TR1 notification form of significant transactions.
Notification Form TR1.
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SPRIDER STORES S.A : Announcement of Adjustable Information of Law 3556/2007
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| SPRIDER STORES S.A. announces based on Law 3556/2007 (articles 3 and 21) in combination with article 11 of Decision 1/434/03.07.2007 of the Hellenic Capital Market Commission that on October 15, 2007, Mr. Dorotheos Athanasios Hatzioannou father of President and Executive Member of the Board of Directors (bound person according to article 13 of Law 3340/2005), Mr. Athanasios Dorotheos Hatzioannou sold 1.900 common shares, with a total net value of euro 30,544.00.
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LAMDA DEVELOPMENT S.A. : Announcement - Intention to participate in public tenders
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To the Shareholders of the Company
Announcement - Intention to participate in public tenders
issued by the company under the name "LAMDA DEVELOPMENT HOLDING AND REAL ESTATE DEVELOPMENT COMPANY" and the distinctive title "LAMDA DEVELOPMENT S.A.", having its registered seat in Athens (16, Laodikeias Street) (hereinafter the "Company")
We hereby announce, pursuant to paragraph 5 of article 1 of the Presidential Decree No 82/1996, that the Company, by means of relevant resolution of its Board of Directors, has decided to participate (either on its own or as a member of joint ventures or consortia) in procedures for the award of public work or procurement contracts, in accordance with the provisions of Law 3310/2005 (paragraph 1 of article 15 of Law 2328/1995 having been repealed).
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MARFIN INVESTMENT GROUP HOLDINGS SA : Announcement of Purchase of own shares.
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| In accordance with article 4, par. 4 of Regulation 2273/2003 of the Committee of European Union, "MARFIN INVESTMENT GROUP HOLDINGS S.A." announces that following the resolution of the Extraordinary Annual General Meeting of the Shareholders dated July 25, 2007 and the Board of Directors' resolution dated July 31, 2007, and in accordance with article 16 par. 5 of L.2190/1920, during the trading session of 16/10/2007, MIG acquired 1,231,949 own shares through "INVESTMENT BANK OF GREECE S.A." at the average price of Euro 6.6962 per share and the total value of the transaction amounted to Euro 8,249,376.89
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PIRAEUS REAL ESTATE INVESTMENT COMPANY : PRESS RELEASE
9- MONTHS RESULTS 2007
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The nine months pre-tax profit amounted to euro 7.077,8 on 30.09.07, versus euro 6.197,9 thousand in the same period of 2006 marking a 14,2% rise.
Total tax stood at euro 405.9 thousand against euro 257 thousand last year, increased by 58%, as a result of the taxation rate increase since the beginning of 2007. Thus, profit after tax grew by 12,3%, rising to euro 6,672 thousand from euro 5,941 thousand last year.
Basic earnings per share amounted to euro 0,12 in the first nine months against euro 0,11 in the same period last year.
Total assets of Piraeus Real Estate Investments S.A stood at euro 110,9 mn. at the end of September 2007 against euro 111.1 mn. on 31.12.2006.
The company's total investments, at the end of September 2007, rose to euro 100.9 mn. versus euro 99,9 mn. on 31.12.06. Total investments, concerning 27 real estates throughout the Greek territory, account for 91% of total assets.
The company's turnover (rental income) in the first 9 months of 2007 amounted to euro 6.010,4 thousand, against euro 5.749,7 thousand in the same period last year, increased by 4.53% mainly due to the increase in the rental income as a result of the investment portfolio progressive maturing.
The annualized rental return on investment portfolio value rose to 8% in the first nine months of 2007 against 7,7% in 2006.
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