Amsterdam’s Leonidsport B.V., a company backed by Louis-Dreyfus, has submitted a voluntary tender offer to the shareholders of the Greek company Organization Port Authority of Thessalonikis Societe Anonyme (Thessaloniki Port Authority S.A. / THPA S.A.), for the acquisition of up to 2.116.800 ordinary registered shares with voting rights.
The company has initiated the process of this voluntary tender offer on January 10, 2025.
The tender offer concerns the acquisition of part of the company’s shares not exceeding a maximum of two million one hundred sixteen thousand and eight hundred (2.116.800) shares representing 21,00% of the total paid-up share capital and voting rights of the company.
Leonidsport B.V. was established as a holding company for the purpose of participating in the capital of another entity and does not employ any employees, while on the date of the tender offer, the share capital amounts to €100.00 and is divided into 100,000 ordinary shares of nominal value of €0.001 each.
Alpha Bank S.A. is acting as advisor to the Leonidsport B.V. for the tender offer for the acquisition of part of the company’s shares.
Leonidsport B.V. confirmed the price offered, in cash, for the acquisition of each tender offer share amounts to €27.00.
The implementation of the tender offer, as noted in a relevant Athens Exchange Group announcement, is subject to the approval of the information memorandum by the Hellenic Capital Markets Commission, which will include all the terms of the tender offer.
The tender offer is optional and will be effective, irrespective of the number of shares that are lawfully and validly tendered until the end of the acceptance period, subject to the maximum number of shares of the tender offer.
