A SeaJets family member acquires 5,48% of MIG stocks

By | 2023 Newsletter week 5 | No Comments

On Februray 1, 2023, the Athens Stock Market announced that Mrs Despoina Iliopoulou (daughter of Mr Marios Iliopoulos – Seajets), holds 5,48% of voting rights, through Ration Holding LTD, in Marfin Investment Group after the acquisition of shares on 31 January 2023.

By that agreement, Mrs Iliopoulou holds 51,525,000 voting rights out of 939,510,748 voting rights of the Issuer.

The announcement brings new developments to MIG’s ongoing transformation story, considering that with the control of 5.48% of MIG, the Iliopoulos (SeaJets) family becomes its second largest shareholder after Piraeus Bank.

SeaJets owns 17 passenger ships, most of which are high-speed crafts and connects 33 Aegean islands and Crete, while its fleet transport capacity is 3,500 cars and 20,000 passengers.

Attica Group: Announced the merger with ANEK Lines to the Athens Stock Market

By | 2022 Newsletter week 38 | No Comments

According to an official Attica Group press release (in Greek) the deal contains:

  • The merger with the absorption of ANEK Lines by Attica Group with an exchange of one common or preferred share of ANEK for 0,1217 new common registered shares of Attica Group and
  • the payment of EUR 80 million for full and complete repayment of ANEK Line’s loan to its creditors from the consolidated scheme which will be formed on the date of the completion of the merger.

The agreement was sent on Tuesday 20 September 2022 by the legal advisors to be signed by the representatives of the contracting parties.

The Boards of Directors of both companies will be convened in accordance with the law and decide on the initiation and individual parameters of the merger process.

Attica Group points out at its press release that:  “We estimate that the specific agreement will benefit the shareholders, the employees and the suppliers of both companies as well as the Hellenic Coastal Shipping.”