Marfin CLR new shares listed

Following the merger with CLR Capital Public Ltd, Laiki Investment EPEY Public Company Ltd (LI) announced that as of January 15, the Company’s name in the CSE, will change to Marfin CLR Public Co Ltd., which will become the largest firm among financial services firms in terms of volume traded on the CSE.
Marfin CLR Public Co Ltd also announced that after taking into account the terms of the Reorganization and Merger Plan dated August 1, 2008 according to which CLR Capital merged with LI, which has been approved by the General Meetings of the shareholders and the creditors of CLR and further approved and ratified by the Nicosia District Court on December 12, 2008, the Board of Directors decided to issue and allocate 85,712,953 new ordinary shares of Marfin CLR to the shareholders of CLR. The new ordinary shares, which will rank pari passu with the existing shares of Marfin CLR, will be allocated in the ratio of 0.3726 shares of Marfin CLR of nominal value EUR0.34 each for every share of CLR of nominal value EUR0.17 each. As a result of the completion of the merger Plan, Marfin’s CLR issued share capital will stand at EUR97,142,404.02 divided into 285,712,953 ordinary shares of nominal value EUR0.34 each.