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G.A.P. Vassilopoulos announces share capital changes

10:57 - 05 December 2023

Companies

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.

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