Louis Cruise Lines Ltd reminds warrant holders that, according to the Issue Terms contained in the Newsletter dated July 6, 2002, the last day for exercising them is October 31, 2002.
The warrants’ exercise price is 23 ½ cents per warrant. Every warrant exercised will be converted to one share of nominal value 10 cents and will be equivalent to an existing share (rank pari passu). The new shares resulting from the exercise of warrants will be registered in the Central Registry and will be listed in the CSE.
Owners of warrants who would like to exercise them must complete and sign the related Notification that will be sent to them, declare the number of shares for which the warrant is exercised and deposit it along with the required amount (number of shares for which the warrant is exercised @£0,23 ½ for the warrant exercise price): a) at the company’s registered office, 54-58 Evagorou Ave., Nicosia, along with the related check payable to “Louis Cruise Lines Ltd” or b) at any Laiki Bank store, by depositing the amount due to bank account number 070-31-062241 together with the Notification.
The company encourages warrant holders to seriously consider the share’s trading price at the CSE during the time of exercising the Warrants. It is noted that at the date of this announcement, the share’s price is lower than the Warrants’ exercise price. It is also noted that, based on CSE regulations, the last day of trading for Share Warrants at the CSE is September 26, 2002.
The warrants’ exercise price is 23 ½ cents per warrant. Every warrant exercised will be converted to one share of nominal value 10 cents and will be equivalent to an existing share (rank pari passu). The new shares resulting from the exercise of warrants will be registered in the Central Registry and will be listed in the CSE.
Owners of warrants who would like to exercise them must complete and sign the related Notification that will be sent to them, declare the number of shares for which the warrant is exercised and deposit it along with the required amount (number of shares for which the warrant is exercised @£0,23 ½ for the warrant exercise price): a) at the company’s registered office, 54-58 Evagorou Ave., Nicosia, along with the related check payable to “Louis Cruise Lines Ltd” or b) at any Laiki Bank store, by depositing the amount due to bank account number 070-31-062241 together with the Notification.
The company encourages warrant holders to seriously consider the share’s trading price at the CSE during the time of exercising the Warrants. It is noted that at the date of this announcement, the share’s price is lower than the Warrants’ exercise price. It is also noted that, based on CSE regulations, the last day of trading for Share Warrants at the CSE is September 26, 2002.