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Laiki Inv.: Warrant exercise period

Laiki Investments Ltd would like to remind all warrant holders that pursuant to the issue terms, warrants are exercisable on December 1-15, 2003.

All warrant holders who wish to exercise their warrants must submit the relevant certificate together with the amount of £2,00 for every share at any Popular Bank branch any working day.

The company would like to notify all warrant holders that they should seriously consider the share’s trading price at the CSE during the time of exercising the warrants. It is noted that on the date of this announcement, the share’s price is lower than the warrant’s exercise price.

All warrant holders who will not exercise their warrants in 2003, may do so on December 1-15, 2004 and 2005.
Tuesday, 4 November, 2003 - 10:20