Titan Cement Co. S.A. (“the Company”) announces pursuant to Law 3556/2007 and Decision 1/434/03.7.2007 of the Hellenic Capital Market Commission and following relevant notification pursuant to article 13 of Law 3340/2005, that on April 24, 2012
Mr. Andreas Canellopoulos, non executive member of the Board of Directors of the Company contributed 1.875.900 common shares,
Mr. Dimitrios Papalexopoulos, executive member of the Board of Directors of the Company contributed 748.080 common shares,
Mrs. Alexandra Papalexopoulou-Benopoulou, executive member of the Board of Directors contributed 674.544 common shares,
Mr. Nellos-Panagiotis Canellopoulos, executive member of the Board of Directors contributed 420.600 common shares,
Mr. Takis-Panagiotis Canellopoulos, executive member of the Board of Directors contributed 61.400 common shares,
to the public Cypriot company EDYVEM ELLINIKA DOMIKA YLIKA VIOMICHANIKH EMBORIKI METAPHORIKI DIMOSIA ETAIRIA LTD (ΕΔΥΒΕΜ ΕΛΛΗΝΙΚΑ ΔΟΜΙΚΑ ΥΛΙΚΑ ΒΙΟΜΗΧΑΝΙΚΗ ΕΜΠΟΡΙΚΗ ΜΕΤΑΦΟΡΙΚΗ ΔΗΜΟΣΙΑ ΕΤΑΙΡΕΙΑ ΛΤΔ “EDYVEM”), in which the above persons are shareholders, by way of subscription to a capital increase through an Over the Counter (OTC) transaction.
Also, the Company announces that after the written notification received from EDYVEM, on 24/4/2012 the percentage of voting rights of our Company of the above-mentioned shareholder increased from 4,79% to 11,16% thus exceeding the threshold of 10%. Also EDYVEM declared to us that it is not controlled by an individual or legal entity in the sense of L. 3556/2007 art. 3.
27/4/2012