G.A.P. Vassilopoulos has announced some important changes to it share structure. As it said in an announcement on the Cyprus Stock Exchange, a number of transactions have taken place of late, leading to significant changes to the company’s share structure.
It said the changes are the result of over-the-counter transfers of 70,509,052 shares with a market value of €0.330 each by George, Aris and Petros Vassilopoulos in the associate company G.A.P. Vassilopoulos Holdings Limited, with non-monetary consideration.
As a result of the aforementioned transactions, the company G.A.P. Vassilopoulos Holdings Limited directly owns 99.9768% of the issued share capital of GAPV.
It is noted that G.A.P. Vassilopoulos’ share capital is equally divided between George, Aris and Petros Vassilopoulos.
