Capital Market Dept.: Approval of the squeeze-out for European Credit

The approval of Allianz’s request for the squeeze-out of the shares of European Pressure was decided by the Board of Directors of the Capital Market Commission during today’s meeting.

In more detail, the Board of Directors of the Committee during its 962nd/31.8.2022 meeting decided:

– The approval of the request of the company “ALLIANZ SE” for the exercise of the right of redemption (squeeze-out) on the shares of the company “EUROPEAKI PISTI ANONYMOS ETEIRIA GENIKON ASFALISEN”, in accordance with article 27 of Law 3461/2006, as applicable .

– The revocation of the operating license of the company “CFS INVESTMENT SERVICES COMPANY” pursuant to paragraph 1 paragraph a of article 8 of Law 4514/2018, at the request of the company.

– The extension of the operating license of the company “FAST FINANCE INVESTMENT SERVICES LIMITED” in terms of the provision of ancillary investment services of business consulting and research in the field of investments and financial analysis on the financial instrument no. 1 of Section C΄ of Annex I of Law 4514/2018.

Source: Capital

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