Maroussi, December 22, 2023 – The Société Anonyme with the corporate name “INTRACOM S.A. HOLDINGS” and d.t. “INTRACOM HOLDINGS” (hereinafter the “Company”), announces, in accordance with article 17 of Regulation (EU) 596/2014, that following negotiations, the Shareholders Agreement dated 22/12/2023, has been signed between the companies “LAMPSA HELLENIC HOTELS COMPANY S.A.” and “INTRACOM VENTURES SINGLE MEMBER S.A.” (d.t. INTRACOM VENTURES), a wholly owned subsidiary of our Company, regulating shareholder relations between the two parties, in the context of an agreement for INTRACOM VENTURES to acquire 25% of the Cypriot company “SELENE ENTERPRISES COMPANY LIMITED”, which until today was a wholly owned subsidiary of the company LAMPSA HELLENIC HOTELS COMPANY S.A., which will acquire a minority holding in Regency Hellenic Investments S.A. by a combined acquisition of 33.91% of the shares held in that company by the credit institutions ALPHA BANK, EUROBANK and NATIONAL BANK and the corresponding percentage of the senior facility loan of Regency Entertainment S.A. held by the credit institutions ALPHA BANK, EUROBANK and NATIONAL BANK.
INTRACOM VENTURES’ holding in SELENE ENTERPRISES COMPANY LIMITED will be implemented via share capital increases so that INTRACOM VENTURES can cover its 25% stake in the financing of the above transaction.
It is noted that completion of this investment in Regency Hellenic Investments S.A. is subject to approval by the Hellenic Gaming Commission, obtainment of any other necessary regulatory or contractual approvals and simultaneous acquisition of the relevant part of shares and loans held by the vendor banks in the above -mentioned company.