The purchases were made at an average price of 32.6 euros
Evangelos Mytilineos purchased shares via London on Good Friday through his controlled entity, Kilteo Ltd. This move carries significant weight, as the acquisitions occurred on a day when the Athens Stock Exchange was closed and the stock was facing intense downward pressure.
The stock purchases were executed at an average price of 32.6 euros per share. For the record, the stock closed yesterday in Athens at approximately 35.42 euros, nearly 10% higher than the price at which the group's major shareholder bought in.
www.bankingnews.gr
Readers’ Comments