Vasiliko: Board meeting on 13/11 for EGM for issue of shares to CCC and conversion of capital into euros
Vasiliko Cement Works Public Company Ltd announces that the Board of Directors will meet on Tuesday, November 13, 2007 to deal with the following:
- Decision for an Extraordinary General Meeting and proposal to the EGM for the increase in the Company’s authorized share capital and the issue of new shares to The Cyprus Cement Public Company Ltd (CCC) for the enforcement of the agreement dated March 9, 2007, which was signed between the Company and CCC for the management, exploitation and sale of cement of the two companies, as well as the activities in the sector of quarry material and ready-made concrete.
- Conversion of the nominal value of the share capital into euros, pursuant to the provisions of Law 33(I)/2007.
The decisions of the Board of Directors will be announced prior to the CSE session on November 14, 2007.
- Decision for an Extraordinary General Meeting and proposal to the EGM for the increase in the Company’s authorized share capital and the issue of new shares to The Cyprus Cement Public Company Ltd (CCC) for the enforcement of the agreement dated March 9, 2007, which was signed between the Company and CCC for the management, exploitation and sale of cement of the two companies, as well as the activities in the sector of quarry material and ready-made concrete.
- Conversion of the nominal value of the share capital into euros, pursuant to the provisions of Law 33(I)/2007.
The decisions of the Board of Directors will be announced prior to the CSE session on November 14, 2007.
