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SUBMISSION OF APPLICATION TO THE CYPRUS SECURITIES AND
EXCHANGE COMMISSION FOR THE EXERCISE OF THE SQUEEZE OUT RIGHT
IN ORDER TO ACQUIRE THE REMAINING SHARES OF
AMATHUS PUBLIC LIMITED
Additional to the announcement printed on 14 February 2022 in relation to the completion of the Takeover Bid to the shareholders of Amathus Public Restricted (“Amathus”), the group of Platon, Antigone, Joanna and Tereza Lanitis, the group of Costas, Evagoras and Iason Lanitis, Mr. Marios Lanitis, Mrs. Isabella Eliades and the businesses Lanitis E.C. Holdings Restricted and Unity Managers (Cyprus) Restricted Stademos Holdings Restricted (the “Offerors”) announce that the participation of the Offerors within the issued share capital of Amathus is 92,207%.
Pursuant to the Takeover Bid phrases, in case the Offerors purchase not less than 90% of the issued share capital of Amathus, the Offerors intend to train the Squeeze Out proper offered by Article 36 of the Takeover Bids Legislation, L.41(I)/ 2007 as amended (the “Legislation”) in an effort to purchase 100% of the shares of Amathus on the value of €0,20 per share. This proper could also be exercised inside three months from the completion of the Takeover Bid acceptance interval.
The Offerors inform the investing public, in accordance with the provisions of the Legislation, that on 16 February 2022 the Offerors submitted an software to the Cyprus Securities and Alternate Fee for the train of the Squeeze Out proper offered by the Legislation.
Nicosia
17 February 2022
Disclaimer
Amathus Public Ltd. printed this content material on 17 February 2022 and is solely answerable for the knowledge contained therein. Distributed by Public, unedited and unaltered, on 17 February 2022 07:43:08 UTC.
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