ΟΛΘ Α.Ε. announces the updates received from Belterra Holdings Ltd and Mr. Nikos Savvidis on 08/12/2021 and 09/12/2021 respectively, regarding the significant change in voting rights that resulted from the indirect acquisition by Mr. Nikos Savvidis 489,332 shares of OLTH SA, which corresponds to 4.85% of the total voting rights of OLTH (indirect participation).
This significant change in voting rights is analyzed on the one hand in the acquisition of 189,477 shares (1.88%) following the Mandatory Public Offer submitted by Belterra Investments Ltd to the Company’s shareholders on 30/06/2021, and on the other hand in the acquisition of 299,855 of shares (2.97%) by Belterra Investments Ltd, following the over-the-counter transfer from 06/12/2021.
Following the above, Mr. Nikos Savvidis controls, within the meaning of article 3 par. 1 c) L. 3556/07, Belterra Holdings Ltd, which controls, within the meaning of article 3 par. 1 c) N. 3556/07, Belterra Investments Ltd, which controls a total, directly and indirectly, 7,242,932 voting rights of the Company, ie a percentage of 71.85% of the total voting rights of the Company. In particular, Belterra Investments Ltd now directly owns 489,332 voting rights of the Company, ie 4.85% of the total voting rights of the Company, and at the same time already controls, within the meaning of article 3 par. 1 c) Law 3556/07 , Melbery Investments Ltd, which further controls, within the meaning of article 3 par.1 c) Law 3556/07, the South Europe Gateway Thessaloniki (SEGT) Ltd, holder of 6,753,600 voting rights of the Company, ie a percentage of 67 % of the total voting rights of the Company.
Prior to the date of the above transactions, Mr. Nikos Savvidis indirectly controlled, within the meaning of article 3 par. 1 (c) of Law 3556/2007, a percentage corresponding to 67.00% of the voting rights of the Company.
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Source From: Capital
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