Gr Sarantis S A : DOCUMENT FOR THE PROVISION OF INFORMATION UNDER L. 3401/2005
January 10, 2017 at 03:48 pm IST
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GR. SARANTIS S.A.
DOCUMENT FOR THE PROVISION OF INFORMATION UNDER L. 3401/2005 (article 4 par. 2.f) REGARDING THE ADMISSION TO TRADING IN THE ATHENS STOCK EXCHANGE OF 10,000 NEW SHARES OF GR. SARANTIS SA IN THE FRAMEWORK OF THE IMPLEMENTATION OF ITS STOCK OPTION PLAN
GR SARANTIS SA. (SARANTIS or the Company), in the framework of implementing the Stock Option Plan that has been introduced for the senior executives of the Company and other companies of the Sarantis Group in the sense of article 42e of Codified Law 2190/1920 (the Plan) and has been approved by the General Meeting of Shareholders of 18.07.2001 and modified by subsequent General Meetings, hereby informs the public of the following:
In the framework of the implementation of the Company's Stock Option Plan, one senior Group executive, to whom the stock options were granted, exercised the option within the exercise period between December 5th 2016 and December 15th 2016. In total 10,000 shares of nominal value 1.55 euro per share were granted at an exercise price of 2.00 euro which corresponds to 20,000.00 euro that was paid by December 15th 2016.
The Company's Board of Directors with its resolution dated December 16th 2016 has approved the Company's share capital increase, amounting to 15,500 Euro and the issuance of 10,000 new ordinary registered shares of a nominal value of 1.55 Euro each.
Following this, the Company's Board of Directors verified the payment of the amount of the aforementioned share capital increase. On 03.01.2017 the Greek Ministry of Finance and Development registered at GEMI, through 881212 (677) submission, elements of the Company regarding the aforementioned share capital increase and the verification of its payment, correspondingly.
After the aforementioned increase, SARANTIS share capital amounts to 53,910,522.10 Euro divided into 34,780,982 registered shares, with a nominal value of 1.55 Euro each.
SARANTIS will take all necessary actions, according to the respective Laws, for the new 10,000 shares to be admitted to trading in the Athens Stock Exchange.
About the present Document
The persons who are responsible for the information contained in this document are the following:
Copies of this document are available at SARANTIS headquarters at Maroussi, 26 Amaroussiou - Halandriou Str., 151 25, and on the Company's website www.sarantis.gr.
For further information you may contact the shareholders' services department (tel.: (+30) 210 61 73065.
Gr. Sarantis SA published this content on 10 January 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 10 January 2017 10:18:04 UTC.
Original documenthttp://ir.sarantis.gr/en/news/investors-press?item=1722
Public permalinkhttp://www.publicnow.com/view/F27A1F76C90B281DA5152BFC68C010D283D0F7E3
Sarantis S.A. is one of the world's leading distributors of branded consumer products. Net sales break down by family of products as follows:
- cosmetic products (42.3%): perfumery and toiletry products (Antonio Banderas, BU, C.THRU, Denim, Elode, Myrto, Noxzema, Prosar, STR8, Tesori l'Oriente and Vidal), skin care products (Astrid, Bioten, Elmiplant and Kolastyna), sun screen products (Carroten, Coppertone and Piz Buint) and hair care products (Final Net and Orzene Beer);
- household products (39.8%): food preservation products (Domet, Fino, Fox, Grosik, Hewa, Jan, Korunka Sanitas and Topstar), home maintenance equipment (Afroso, Ava, Flame, Septifos and Tuboflo), insecticides (Globol, Pyrox and Teza), shoe creams (Camel), etc. ;
- other (12.4%): including health care products, dietary supplements, pregnancy tests, etc.
The remaining net sales (5.5%) are from the manufacturing of plastic packaging products (Label Polipak).
At the end of 2020, the group operated a network of nearly 110,000 sales outlets in Europe.
Net sales are distributed geographically as follows: Greece (34.6%), Poland (23.6%), Romania (14%), Ukraine (7.1%), Czech Republic (5.2%), Serbia (5.1%), Bulgaria (3.3%), Hungary (2.6%) and others (4.5%).