ACQUISITION OF ADDITIONAL 48.53% STAKE IN HELLENIC SEAWAYS MARITIME S.A.

ACQUISITION OF ADDITIONAL 48.53% STAKE IN HELLENIC SEAWAYS MARITIME S.A.

 

ATTICA GROUP HOLDS 98.83% OF SHARE CAPITAL

OF HELLENIC SEAWAYS MARITIME S.A.

 

 

ATTICA HOLDINGS S.A. (“Attica Group”) announces the completion of the acquisition of an additional stake of 48.53% in HELLENIC SEAWAYS MARITIME S.A. ("HSW"), in implementation of the agreement with Minoan Lines S.A. ("Minoan Lines") dated 26.10.2017 for the acquisition of a total of 37,667,504 shares of HSW for a cash consideration of Euro 78.5 million.

 

As per the same agreement, Attica Group sold and delivered SUPERFAST XII to a Grimaldi Group company for a cash consideration of € 74.5 million, and HSW sold and delivered HIGHSPEED 7 to Minoan Lines for a cash consideration of € 25 million.

 

Following conclusion of the aforementioned transaction, Attica Group now holds 98.83% of the total share capital of HSW.

12th June 2018


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