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UNITED TEXTILES S.A.
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Press Releases
| LIQUIDATION OF THE TANGLIBLE SHARES | August 8, 2006 «NAOUSSA SPINNING MILLS SA» announces that, according to the provisions of article 53 par. 2 of L. 3371/2005 (Government Gazzette Α 178/14.7.2005), resolution 1/380/4.5.2006 of the Capital Market Commission BoD (Government Gazzette Β 657/25.5.2006) and resolution 3/387/19.6.2006, the tanglible shares of the Company not submitted for dematerialization as of 10/31/2006, including shares issued from various corporate actions, will be liquidated through the Athens Exchange as follows: Upon decision of the Capital Market Commission, following relative request by the Company, a liquidation permit will be granted, a Member of the Athens Exchange will be authorised to carry out the transaction and the shares for liquidation will be determined as well as the starting date of the transaction. The proceeds of liquidation will be deposited at the Deposits and Loans Fund at the disposal of the beneficiaries. Regarding the above matters, the Company will inform the shareholders with further announcements. For that reason, Shareholders who have not dematerialized their shares are kindly requested to proceed the soonest possible and in any case prior to 10/31/2006 at the Company’s offices and request dematerialization of their shares by submitting the depository documents or registered securities and a copy of the document re "Data of Shareholder's and Stock Account at the Securities Dematerialized System -SAT".
With regard to the outcome of the liquidation as well as the whole process, including the required documentation for receipt of the proceeds of liquidation, beneficiary sharehoders will be informed with further announcements. For any clarification Shareholders may address the Company's Investor Relations Department (tel. 210-5708164 and 210-5708185) on an update on their shares dematerialization process.
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For further information, please contact: Ms. Petrula Geldenhuys, Head of Investor Relations (Τel: +30 210-5708164, 210-5708136),(E-mail: Varvari.Petrula@unitedtextiles.com), Mr. Ioannis Kalogeras, Communications & Public Relations Director (Tel. +30 210-5708030), (E-mail: press@unitedtextiles.com), Fax: +30 210-5708200. Website:www.unitedtextiles.com |
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