SHAREHOLDERS

In the following table is presented the shareholders structure of the company.

Shareholders No of Shares Holding Percentage
SAROGAD INVESTMENTS LIMITED 13.853.754 60,06%
QUANTRONI INVESTMENTS LIMITED 9.213.728 39,94%
TOTAL 23.067.482 100,00%


Note: (1)  "In other Investors" are included Shareholders with a holding percentage below 5%.

The following factors contributed to the configuration of the above-mentioned shareholders structure:

- The increase of share capital, by public offering and private investment (27-29/3/2000) and the issue of 1.052.690 new common shares.

- The decision of the Extraordinary General Assembly of the Company's shareholders, on 13 July 2000, for the increase of the share capital by 3.843.645.000 drachmas (€11,279,955.98) issuing 15.374.580 new common shares, with the capitalisation of part of the reserves, from the share premium granting two new gratis shares for one held, at the nominal value of Grd. 250.

 

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