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No Demetra warrants were exercised due to price ratio

Demetra Investments Ltd. announced that according to its prospectus of the 21 April 2000 and terms of issuance of warrants of the company, the last day for exercising the said warrants, at the price of CYP 1.20 cents each, was the 31 January 2002.

The company announced that due to the relation of the price of shares with the exercise price of warrants as at that date, no warrants were exercised.
Wednesday, 13 February, 2002 - 10:06