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In discussions with Piraeus Bank, WRED for the percentage it holds in Trastor

TRASTOR announced today that according to information received from its main shareholder WRED LLC, the latter is in negotiations with the also shareholder Piraeus Bank SA for the transfer of all the shares of the Company held by WRED LLC to Piraeus Bank A .Ε.

The signing of an agreement between them will probably be completed within the next few days, provided that the necessary approvals are obtained, TRASTOR states in a relevant announcement.

He also clarified that he is not participating in the negotiations and is not a party to the agreement that may be signed.

The company will inform the investing public about any essential developments, the announcement concludes.

It is noted that according to what is mentioned on the Trastor website, WRED controls 52.1% of the company, Piraeus Bank already holds 44.8%, with the rest being in “Other shareholders”.

The trading of the share was temporarily suspended

Following a relevant request of the Hellenic Capital Market Commission and following today’s announcement of the company, the trading of the shares of TRASTOR SA is temporarily suspended from today, Thursday, January 20, 2022, according to paragraph 1 of article 17 of Law 3371/2005 (Government Gazette AD / 178 / 14.7.2005), for reasons of protection of the investing public and the smooth operation of the securities market of the above company, and until it provides information to the investing public regarding with the possible completion and terms of the transaction.

Source From: Capital

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