As stated by the company in a relevant announcement on the Athens Stock Exchange in accordance with the regulations of the Athens Stock Exchange and Law 3556/2007, and following its announcement on 18.06.2024, upon the fulfillment of the condition set forth in the share purchase agreement dated 03.07.2024, the company completed the transaction on 29.04.2025. This involved the purchase from Flowpulse Limited of 24,038,644 common shares in "MHV Mediterranean Hospitality Ventures PLC" (MHV), which represent 19.99875% of the share capital of MHV.
Following the completion of this transaction, the company now holds 99.99% of the share capital of MHV. The total purchase price for the above shares amounts to ninety-two million three hundred sixty-three thousand six hundred thirty-six (92,363,636) Euros, payable according to the terms set out in the aforementioned share purchase agreement.
The conclusion of the share purchase agreement dated 03.07.2024, subject to conditions, was approved by the company’s Board of Directors in its decision of 10.06.2024, in accordance with the provisions of Articles 99-101 of Law 4548/2018.
