Balram Chainrai's share in Rodon now exceeds 36%

11:13 - 14 February 2025

Real Estate Reporter

Investor Balram Chainrai has proceeded with the purchase of another 4,526 shares of Agros Development Company "Proodos" Public Ltd, the owner of the Rodon Mount Hotel & Resort in Agros.

According to a recent announcement on the CSE, Balram Chainrai purchased 4,526 of the Company's shares on 13 February, representing approximately 0.13% of the issued share capital, at a price of €3.00 per share.

Following the aforementioned acquisition, the Offeror directly holds 1,295,510 shares representing approximately 36.08% of the issued share capital and voting rights of the company.

(Source: InBusinessNews)

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