State Printing House Plc (registered office: 1102 Budapest, Halom utca 5., company registration number: 01-10-042030) decided in accordance with Resolution No. 11\/2007.(03.30) of the Company\u2019s Annual General Meeting of 30 March 2007 and Resolution No. 3\/2007 (08.15) of the Board of Directors and pursuant to the applicable provisions of act CXX of 2001 on capital markets that the 9,475 Series \u201cB\u201d (HU0000078506) and the 73,470 Series \u201eC\u201d (HU0000079843) registered, physical employee shares granting preferential rights to dividends with a par value of HUF 980 each issued by State Printing House Plc would be converted into dematerialized shares.
\nThe Board of Directors of State Printing House Plc hereby informs the Company\u2019s shareholders that they should, by the deadline specified below, submit their registered physical employee shares granting preferential rights to dividends at the following locations and times so that such shares may be converted into dematerialized shares, with the proviso that at the time of submitting such shares, each shareholder must specify the investment service provider that they have entered into a securities account agreement with, otherwise such shareholder will be deemed to have failed to submit their shares.
\nLocation for submitting the shares: the Administration Office [\u201c\u00dcgyviteli Iroda\u201d] at the registered office of State Printing House Plc at 1102 Budapest, Halom utca 5., or the Secretariat [\u201cTitk\u00e1rs\u00e1g\u201d] at the Company\u2019s branch at 3060 P\u00e1szt\u00f3, F\u0151 \u00fat 141.
\nThe shares can be submitted at the above locations between 8.00 and16.00 on business days.<\/p>\n
Opening date of conversion: 1 September 2007.
\nClosing date of conversion: 14 November 2007, with the proviso that the conversion may be closed sooner if all securities are submitted.
\nDate of conversion: 15 November 2007, the business day following the last day allowed for the submission of shares.
\nConversion of shares does not affect the rights connected to shares.<\/p>\n
After every registered, physical employee share granting preferential rights to dividends with a par value of HUF 980 which was submitted regularly, one registered, dematerialized employee share granting preferential rights to dividends with a par value of HUF 980 will be credited on the central securities account of the account manager by KELER Zrt. Afterwards, the account manager will credit the dematerialized share without delay on the securities account of the account owner.<\/b><\/p>\n
Any ordinary share that does not comply with the conditions of submission laid down in this announcement will be deemed not to have been validly submitted. All such shares and all ordinary shares not submitted will be declared void by State Printing House Plc. as of 18:00 on 14 November 2007, which will be announced in C\u00e9gk\u00f6zl\u00f6ny. Damaged shares can only be accepted if the security can unambiguously be identified as the share with the given serial number.<\/p>\n
The serial numbers of all those shares that have not been validly submitted will be registered by the Company and the dematerialised shares replacing them will be registered by the central depository on the Company\u2019s central securities account with the proviso that the last owner of the physical shares is entitled to the ownership of the dematerialised shares registered on the account until the sale of the shares that have not been validly submitted.<\/p>\n
The dematerialised shares replacing those shares that have not been validly submitted will be sold by the Company with the help of an investment service provider as a selling agent, shareholders will be informed of the details in the announcement about the closing of the conversion. In case of an unsuccessful sale, the Company will decrease the share capital with the nominal value of the unsold shares on the first general meeting after the deadline for sale pursuant to section 12.\u00a7 (1) of act CXX of 2001 on capital markets.
\nThose shares that have been declared invalid cannot be traded but by handing over them, their owners may claim the credit of dematerialised shares on their account or they may claim the value of the sold dematerialised shares if the total amount of shares is sold. After handing over the share declared invalid, the Company will pay the value of the sold dematerialized shares reduced by the costs incurred until the enforcement of the claim to the last certified owner of the share pursuant to rules for limitation of claims in securities.<\/p>\n
The Company will make an announcement about the amount of value, and the location and date of payment. Payment will start after the 6 months deadline or after the selling of the dematerialised shares replacing all those physical shares that have not been validly submitted <\/p>\n
Should you have any questions about the dematerialisation, please contact Mr Antal T\u00f3th (+36-1-431-381) at the Administration Office or Mr Tam\u00e1s Karak\u00f3, controlling director – IR contact (+36-1-431-1228).<\/p>\n
\nState Printing House Plc<\/b><\/p>\n","protected":false},"excerpt":{"rendered":"
State Printing House Plc decided in accordance with Resolution No. 11\/2007.(03.30) of the Company\u2019s Annual General Meeting…<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[9],"tags":[],"yoast_head":"\n