Application for admission to the N.E.A. UPyachting Management PLC officially submitted the purchase of the Cyprus Stock Exchange in order to list its shares on the market board.
According to a relevant announcement, the company of Greek interests consists of people from Shipping, Ship Brokers, Yacht Manager and investment people with business and investment background and aims to use their experience in investments with a main focus on three pillars:
– Yacht ownership and equipment up to 40 meters
– promoting the idea of ​​Yachting as an investment, offering “Shipping – Holidays & Fixed Annual Income”, for 2 to 5 years locked, through the 2 Management programs offered by the company
– through the website of www.UPyachting.eu, a innovative yacht booking platform of all types and all over the world, (in the standards of the international hotel booking platform) gives the choice of yacht booking through a fleet of 9,500 boats in 40 countries.
The company’s shareholders expect dividend performance through the high profitability offered by yacht management from the exponential global trend created by the start of the pandemic.
The company through the listing of its shares in N.E.A. Cyprus Stock Exchange market is expected to offer transparency, audited accounts and stock market exit, both to existing shareholders and to new ones that will result from the Share Capital Increase that will follow in the fourth quarter of 2022.
In his statements, Mr. Chouliaras Theodoros, CEO of the company, states that:
“Today is an important moment for UPyachting Management PLC and the people who trusted us. The investment climate shows us the direction we aim to follow and add value to the company and its shareholders. which can be exploited in every corner of the globe without being trapped by a local or regional crisis makes us even more focused on trying to achieve our goals. ”
Also Mr. Lefteris Kontos, CEO of the English investment platform In4Capital and Exchange Listing Coordinator of the company emphasizes that:
“Our choice to enter the CSE was made for very specific reasons, also through the transparency provided by a European listed company as well as the international stock exchange ISIN that enables the ticker of UPyachting Management PLC to be visible on global platforms. such as Bloomberg, Reuters, MarketWatch, etc. give the lead for concluding strategic partnerships with funds and private investors from around the world but also for strengthening the commercial expansion of the company. ”
Source: Capital
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