31/05/2010
Aristovoulos G.
Petzetakis S.A. announces that further to a relevant request
by the Company’s Bondholders
«Schroder Credit Renaissance Fund Ltd.», «Schroder
Credit Renaissance Fund LP»,
“Cr Renaissance Partners Fund”
& «P. Schoenfeld Asset Management, LLC (THRACIA LLC)»,
the Board of Directors of the company accepted to extend for 30 days, thus for
1.07.2010 the automatic conversion of 1/3 of the bonds of the Convertible Bond
of 17,5 million Euro ,date by which the Company assumes that the sale and
purchase of the above mentioned bonds by the investor will be signed.
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