The agreement, that is subject to bondholders' approval, concerns the sale of 4,654,906 shares or 29.31% of the company for 0.9 euros per share. The amount of the transaction amounts to €4.19 million.
In more detail, as stated in its announcement to the Athens Stock Exchange, "DOMIKI KRITIS ANONYMOS TECHNICAL COMMERCIAL HOTEL INDUSTRIAL COMPANY recently received today, Wednesday, 28.6.2023, notification from Mr. Georgios Synatsakis of Michael, who is the President and CEO and shareholder of of the Company directly and indirectly controlling a total of 68.619% of its and the Company's shares and voting rights and the company ADAMAS GROUP LTD, with headquarters in Nicosia, Cyprus, 42 Nestoros Street, Kaimakli, whose shares and the voting rights corresponding to them belong entirely to Mr. Dimitrios Koutras of Athanasiou, according to which on June 28, 2023 , on Wednesday, an Agreement was drawn up between G. Synatsakis and the company ADAMAS GROUP LTD for the future sale by G. Synatsakis to the company ADAMAS GROUP LTD of 4,654,906 shares of the Company belonging to G. Synatsakis, which correspond to a percentage of 29, 31% of all shares and voting rights of the Company, instead of 0.90 euros per share.
The sale and transfer of the Shares will take place when the Representative of the Bondholders of the Bond Loan issued by the Company gives his consent for this transaction. The Company will promptly announce any information it has regarding the consent of the Bondholders' Representative."
