CLH increase stake in Lamda Development
CLH increase stake in Lamda Development
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CLH increase stake in Lamda Development

The company purchased 1,000,000 of the Lamda's registered common shares
RE+D magazine
05.11.2021

CLH's total participation in the Company’s share capital and voting rights increased to approximately 43.8% from approximately 43.2%.

LAMDA Development S.A. in accordance with the provisions of Law 3556/2007 and the article 19 of the Regulation 596/2014/EU and after relevant notification, announced that the company “Consolidated Lamda Holdings S.A.” (CLH), on 01.11.2021 purchased 1,000,000 of the Company’s registered common shares, at an average price of €7.30 per share and for a total consideration of €7,300,000. 

CLH's total participation in the Company’s share capital and voting rights increased to approximately 43.8% from approximately 43.2%. 

CLH is, pursuant to the provisions of article 3 par.1 (26) of the Regulation 596/2014/EU, a legal person closely associated with Mr. Fotios Antonatos, Non-Executive Member of the Company’s Board of Directors.