Results

Motor Oil (Hellas) Corinth Refineries SA

11/16/2020 | Press release | Distributed by Public on 11/16/2020 02:07

Completion of the transaction for the divestment of IREON INVESTMENTS LTD from OPTIMA ASSET MANAGEMENT A.E.D.A.K.

16 Nov 2020

Completion of the transaction for the divestment of IREON INVESTMENTS LTD from OPTIMA ASSET MANAGEMENT A.E.D.A.K.

Following the announcements dated8 and 21 July 2020, MOTOR OIL (HELLAS) CORINTH REFINERIES S.A. hereby announces the completion of the transaction for the sale of the 94.52% stake of the share capital of OPTIMA ASSET MANAGEMENT A.E.D.A.K by its subsidiary IREON INVESTMENTS LTD (Seller) to OPTIMA BANK Α.Ε. (Buyer)for a total consideration amount of Euro 199,870.30.

Following the above, the direct stake of IREON INVESTMENTS LTD in OPTIMA ASSET MANAGEMENT A.E.D.A.K. became nil.

Maroussi, 12 November 2020

The Board of Directors