HRADF's 31.18% stake in HELLENiQ ENERGY transferred to the Public Wealth Fund
HRADF's 31.18% stake in HELLENiQ ENERGY transferred to the Public Wealth Fund

HRADF's 31.18% stake in HELLENiQ ENERGY transferred to the Public Wealth Fund

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RE+D magazine
22.01.2025

The 31.18% of the share capital and voting rights of HELLENiQ ENERGY, which were directly held by the Hellenic Republic Asset Development Fund (HRADF), have been transferred to the Public Wealth Fund (Ypertameio) as a result of the merger through absorption of the Fund by the Hellenic Corporation of Assets and Participations (HCAP).

HELLENiQ ENERGY Holdings S.A.” (the “Company”) announced, pursuant to the provisions of article 14 par.3 of L. 3556/2007, that, following a notification received from the Hellenic Republic on 20.01.2025, the 31.18% of the Company’s share capital and voting rights previously held directly by the “Hellenic Republic Asset Development Fund S.A.” (“HRADF”), was transferred on 31 December 2024 to the “Hellenic Corporation of Assets and Participations” (“HCAP”) as a result of the merger by absorption of the HRADF. 

The sole shareholder of HCAP is the Hellenic Republic. Therefore, the total percentage of the Company’s share capital and voting rights controlled by the Hellenic Republic remains unchanged.