Motor Oil accounted for 29.87% of ELLAKTOR’s total voting rights after acquisition of the percentage held by the shipowners Dimitris Bakos and Ioannis Kaimenakis for a price of 1.75 euros per share.
It is noted that the acquisition of 104,000,000 common registered shares issued by ELLAKTOR SA (corresponding to 29.87% of the Issuer’s voting rights) took place through an over-the-counter (OTC DvP) transaction on 06.05.2022.
In detail, the company ELLAKTOR SA (hereinafter the “Company” and / or “Issuer”) announces an update (according to article 9 of law 3556/2007) that it received on May 9, 2022, in compliance with the Transparency Directive, regarding significant change in participation and voting rights, as follows:
The legal entity, MOTOR OIL (HELLAS) CORINTH REFINERIES SA, based in Greece, informs about the acquisition of its participation in the share capital and the voting rights of the company ELLAKTOR SA, as follows:
Date of transaction during which the shareholder’s participation percentage rose above the 25% limit: 06.05.2022.
Number of shares and equal number of voting rights before the transaction:
(a) 0% direct participation (ie 0 common registered voting shares) and
(b) 0% indirect participation (ie 0 common registered voting shares)
Number of shares and equal number of voting rights after the transaction:
(a) a direct participation of 29.87% (ie 104,000,000 common registered voting shares),
(b) an indirect contribution of 0% (ie 0 common registered voting shares) and
total participation percentage and voting rights 29.87% (ie 104,000,000 common registered voting shares) on the total voting rights of ELLAKTOR SA.
Additional information – Remark.
The acquisition of 104,000,000 common registered shares issued by ELLAKTOR SA (corresponding to 29.87% of the Issuer’s voting rights) took place through an over-the-counter (OTC DvP) transaction on 06.05.2022.
The information is provided due to the acquisition of shares and corresponding voting rights, ie exceeding the limit of 25%, in accordance with Law 3556/2007, as in force.
Source: Capital

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