8 Sep 2006 07:01
IRF European Fin Investments Ltd 08 September 2006 8 September 2006 IRF EUROPEAN FINANCE INVESTMENTS LTD ("IRF") Completion of the merger of Proton Bank S.A. ("Proton Bank"), Omega Bank S.A. ("Omega Bank") and Proton Securities S.A. ("Proton Securities") IRF (AIM: IRF) is pleased to announce that the merger of Proton Bank, Omega Bankand Proton Securities has today been approved, at general meetings of each ofProton Bank, Omega Bank and Proton Securities. The merger is expected to beeffective on September 29, 2006 in accordance with the draft merger agreementwhich has been previously announced. In addition, the shareholders elected the following people to the Board ofDirectors of Proton Bank who shall serve as Directors of the merged entity uponthe merger being effective: Angeliki Frangou, Chairman of the BoardAntonios Athanasoglou, Executive Vice Chairman of the BoardElias Lianos, Managing Director and CEOTheodoros Mylonas, Deputy Managing DirectorDimitrios SaramantisHasdai CaponGeorgios KintisGeorgios MinetasMarkos ForosPanagiotis AlexakisAlexandra Stavropoulou Angeliki Frangou, Chairman of IRF stated that "we are pleased with today'smeetings and look forward to the merger becoming effective so that we candeliver the merger and other efficiencies to our shareholders." This information is provided by RNS The company news service from the London Stock Exchange