Karamolegos: With 97.57% Em. Car. Sole Proprietorship SA upon completion of the over-the-counter transfer of shares

The results of the Optional Public Offer of “EM. KAR. SOLE SHAREHOLDER SA.” (Proposer) for the acquisition of all the common registered voting shares of “KARAMOLEGGOS BAKERY SA” for a consideration of 3.22 euros per share in cash, the listed company announced today.

As the company states in a relevant announcement, the Acceptance Period started on 09.03.2022 and ended on 06.04.2022. During the Acceptance Period, 19 Shareholders legally and validly accepted the Public Offer (hereinafter the “Accepted Shareholders”), offering a total of 24,666 Shareswhich represent a percentage of approximately 0.26% of the total paid-up share capital and voting rights of the Company (hereinafter the “Offered Shares”).

From the Date of the Public Offer until the end of the Acceptance Period, the Offeror acquired through the Athens Stock Exchange (hereinafter the “ATHEX”) a total of 366,643 Sharesrepresenting approximately 3.85% of the total paid-up share capital and voting rights of the Company at a price per Share equal to the Offered Price.

Therefore, upon completion of the over-the-counter transfer of the Offered Shares, the Offeror and the Coordinated Persons will hold a total of 9,289,460 Shares, representing approximately 97.57% of the total paid-up share capital and the voting rights of the Company. Additional Shares that the Offeror may acquire after the end of the Acceptance Period until the date of completion of the above OTC transfer are not included in the above percentage.

THE Payment of the Offer Price to the Accepted Shareholders will begin around 08.04.2022.

See the full announcement in the right column “Related Files”