E.V.H. purchases 5,000 shares in Salamis Tours, bringing share capital up to 85.33%
10:35 - 10 December 2024
E.V.H. Investments Limited has announced that it has purchased an additional 5,000 shares in Salamis Tours (Holdings), bringing its share capital in the company up to 85.33%.
More specifically, an announcement on the Cyprus Stock Exchange says, "In accordance with article 26(1)(a) of the Takeover Bids Law of 2007 to 2022, E.V.H. Investments Limited («E.V.H.») announces that on 09 December 2024 purchased 5.000 shares in Salamis Tours (Holdings) Public Limited («Salamis») at the price of €4,20 per share for a total consideration of €21.000. Following the above acquisition, E.V.H.directly holds 31.169.704 shares representing c.85,33% of the total issued share capital and of the voting rights of Salamis."
In November, E.V.H. Investments submitted a public proposal for the acquisition of up to 100% of the issued share capital of Salamis Tours. E.V.H. Investments was already the main shareholder, holding 83.26% of Salamis Tours' share capital at the time.
Also read: E.V.H. Investments moves to fully acquire Salamis Tours, submitting a public offer