Announcement of Regulated information based on Law 3556/2007 Call Option Exercise
Announcement of Regulated information based on Law 3556/2007
Call Option Exercise
The company ELLAKTOR S.A. informs the notification, received on January 3rd, 2025, regarding the exercise of a call option by the shareholder REGGEBORGH INVEST B.V., as follows:
«Dear Sirs,
With reference to the existing Call Option for 15,600,000 ordinary registered voting shares in Ellaktor S.A. (“the Issuer”) granted by Motor Oil (Hellas) Corinth Refineries S.A. (“MOH”) to Reggeborgh Invest B.V. (“Reggeborgh”), please kindly allow us to inform you of the following:
Reggeborgh sent MOH on 31st December 2024 a Call Option Exercise notice giving them a notice of its intention to partially exercise it and acquire 10,400,000 of the Call Option Shares (2.987% of the Issuer’s share capital and voting rights) at the Pre-Agreed Price of €1.25 per Share (the “Call Option Consideration”).
The completion of the transaction shall take place between the 13th and 31st of January 2025 (the “Call Option Completion Date”).
At this point, Reggeborgh holds 167,672,350 shares / voting rights in the Issuer (48.155% of the total) and has a call option for 15,600,000 shares / voting rights (4.4802% of the total) exercisable between 06.05.2022 and 06.05.2025, as per our latest announcement of 10th July 2024.
After the completion of the above transaction, Reggeborgh will hold 178,072,350 shares / voting rights in the Issuer (51.142%) and a call option for 5,200,000 shares / voting rights (1.493% of the total).
Following completion of the transaction, allow us to revert to you, accordingly.
We remain at your disposal for any further clarification».
Kifissia, 07.01.2025