Investors
Placings of Shares
Pursuant to a placing memorandum dated 2 August 2006, the Company raised approximately €30,000,000 (net of expenses) by the placing of 38,071,000 Ordinary Shares at €0.80 per share.
Pursuant to the Admission Document dated 15 June 2007 the Company offered 63,157,894 Shares of €0.80 at a price of €0.95 per share. Following the close of the placing on 18 June 2007, 63,157,894 Shares were issued.
The Shares of the Company (in aggregate, 101,228,894) were admitted to trading on the Alternative Investment Market of the London Stock Exchange ("AIM") on 21 June 2007 when dealings also commenced. The Company's Shares are not traded on any other exchange or trading platform nor has the Company applied to list its Shares on any other exchange or trading platform.
The Shares rank in full for all dividends or other distributions made or paid on the ordinary share capital and will rank pari passu in all other respects. The shares are listed in Euros and each share carries one vote. No ordinary shares are held as treasury shares.
Interested parties should note that the rights of Shareholders under Isle of Man law may differ from those in other jurisdictions and that care should be exercised in this regard.
Shareholders will be given the opportunity to vote on the continued life of the Company at the Company's annual general meeting to be held in 2016. If the resolution is not passed, a similar resolution will be proposed at every fifth annual general meeting thereafter.
The financial year end of the Company is 31 December in each year.