ELVALHALCOR announced today that pursuant to notaries 7285, 7286, 7287, 7288 and 7289 from 28.02.2022 notarial deeds of purchase and sale of agricultural parcels of the Athens Notary Marina Georgiou Karageorgi, which were transferred to the Mortgage on the 18th. 2022 the rest, the company acquired, for a total price of € 29.0 million, plus taxes, fees, commissions and other expenses, amounting to € 1.2 million, ie a total amount of € 30.2 million, the ownership, prefecture and possession of real estate ( of agricultural parcels) in Oinofyta, Boeotia (in the location “MADARO”, of the real estate district of the Local Community of Agios Thomas, of the Municipal Unit of Inofyta, of the Municipality of Tanagra, of the Regional Unit of Viotia, of the Region of Central Greece) adjacent to the Company’s factories and namely:
(a) a plot (plot) of a total area of 126,959.95 sq.m., after the commercial warehouse buildings, and a plot (plot) of a total area of 141,708.66 sq.m.,
(b) a plot of 2,044.71 sq.m.
(c) a plot of land with an area of 5,404.61 sq.m.,
(d) a plot of land of 5,090.85 sq.m., and
(e) of a plot of land with an area of 4,394.39 sq.m.
The properties will be used, in the long run, for storage and distribution of Group products.
The payment by the Company, according to the above, of the total price, plus taxes, fees, commissions and other expenses, ie the total amount of € 30.2 million, was made as follows:
– in the amount of € 30.0 million, with consumption of an equal part of the funds raised from the issuance of a common bond loan, amounting to € 250,000,000, lasting seven (7) years, divided into 250,000 intangible, common, anonymous bonds of nominal value € 1,000 each, with an annual interest rate of 2.45%, held in accordance with the decision of 5.11.2021 of the Extraordinary General Meeting of the Company’s shareholders and the decision of 5.11.2021 of the Board of Directors of the Company (“Joint Bond Loan”), in accordance with the commitments of the Company referred to in, approved by the number 3/935 / 08.11.2021 decision of the Board of Directors of the Hellenic Capital Market Commission, Prospectus for the public offering in Greece, with payment of cash, and admission to trading in category of fixed income securities of the regulated market of the Athens Stock Exchange, of the above bonds of the Common Bond Loan, and
– by the remaining amount of € 0.2 million, from own, except for the funds raised by the Company from the issuance of the Joint Bond Loan.
Source: Capital
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