Completion of the transaction for the acquisition of a 25% stake of ANEMOS RES S.A.
MOTOR OIL (HELLAS) CORINTH REFINERIES S.A. (the “Company”) with reference to its previous announcements dated December 18th, 2023, December 27th, 2023, and January 9th, 2024, hereby informs the investment community on the following:
Subsequent to the decision of the Extraordinary General Assembly of Company shareholders dated January 24th, 2024, the 100% Company's subsidiary MOTOR OIL RENEWABLE ENERGY SINGLE MEMBER S.A. (Buyer) completed the transaction (financial closing) for the acquisition of 123,059,250 registered shares issued by ANEMOS RES S.A. owned by the listed on the Athens Exchange company ELLAKTOR S.A. (Seller and SPA counterparty) for a total consideration amount of EUR 123,520,000. The said 123,059,250 shares correspond to 25% of the share capital of ANEMOS RES S.A. The transaction was completed on the 25th of January 2024.
It is reminded that MOTOR OIL RENEWABLE ENERGY SINGLE MEMBER S.A. possesses already 369,177,750 shares corresponding to 75% of the share capital of ANEMOS RES S.A. and therefore, following the completion of the transaction ANEMOS RES S.A. is 100% controlled by MOTOR OIL RENEWABLE ENERGY SINGLE MEMBER S.A.
Maroussi, 25 January 2024
The Board of Directors