Specifically, the company announced to the Athens Stock Exchange the acquisition of minority shares in its subsidiary LS SANTORINI KAMARI HOTEL A.E., which owns the Zaffron Resort operating under the Radisson Blu brand, for an amount of €628,125.
Following this acquisition, the company's stake in the aforementioned subsidiary now amounts to 100% of its share capital.
The completion of this acquisition is part of the implementation of the use of proceeds from the Company's Public Offering of shares.