In response to no. 772 / 3.3.2022 letter of the Athens Stock Exchange and following the publication of KATHIMERINI dated 3.3.2022, where it is stated that the consolidation agreement of VARAGIS SA was approved by the Athens Multi-Member Court of First Instance on 16.9.2020, the company informs the investor has been informed that a decision has been issued ratifying the above agreement, but the text of this decision has not yet been made available to it.
If further data emerge, the company will return with further commentary and information to the investing public, Varangis said in a relevant announcement.
At the same time, he reminds that based on the said consolidation agreement to the new body, the company “VARANGIS FURNITURE & INTERIORS SA”, 99% of the company’s assets, the total staff and liabilities of 15.1% of the total liabilities of the company and that both the price and the proceeds of liquidation of the remaining assets will be used to repay the other liabilities of the company, as formulated in accordance with the Resolution Agreement, and then the Company will be dissolved and liquidated. ”
Source: Capital
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