Inform Wolf: Free distribution of own shares to the CEO

INFORM P. LYKOS SA HOLDINGS announced that on 1.6.2022, 300,000 treasury registered shares were offered free of charge through over-the-counter transfer through BETA SECURITIES SA from the company to Mr. Panagiotis Spyropoulos, CEO.

The disposal took place following the decisions of the Ordinary General Meeting of Shareholders dated 18.06.2021, which approved the free distribution of the Company’s shares to the CEO of the Company subject to the achievement of specific objectives, as determined by the Board of Directors on 8.1 .2021 its decision and the achievement of which was certified during the meeting of the Board of Directors from 14.7.2021.

The above shares in accordance with the decisions of the above Ordinary General Meeting came from the acquisition by the Company of its (own) shares, in order to implement the above decisions for free distribution of shares to the Chief Executive Officer.

The above shares that were offered free of charge had a total acquisition value of € 475,216.06, with an average purchase price of € 1,5841.

Following the above disposition, the Company no longer holds own shares.

Source: Capital

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