LeonidsPort announced the approval by the Capital Market Commission of its Information Memorandum for the public offer submitted for 21% of TPA.

In particular, as noted, LeonidsPort B.V.'s Voluntary Public Offer concerns the acquisition of up to a maximum of 2,116,800 shares of the company "Organisation of Thessaloniki Port Authority S.A.", representing up to 21% of the share capital and voting rights of the company, including the shares of POTH that the proposer will acquire, through the stock market or over-the-counter, until the end of the acceptance period of the Voluntary Public Offer.

The offered price of the voluntary public offer amounts to €27.00 per share and is the final and maximum consideration that the offeror will offer for the acquisition of shares, as the offeror does not intend to revise the terms of the public offer.

It should be noted that LeonidsPort managed to acquire a stake of just over 2.6% of PPA in the previous days, although it is far from the target of 21%. In particular, as announced in the previous days, LeonidsPort acquired 212,114 shares of the company on 13.01.2025, corresponding to 2.1% of the share capital and voting rights, while on 14.01.2025 it acquired 48,306 shares of the company, corresponding to 0.5% of the share capital and voting rights. Taking into account the above acquisitions, LeonidsPort now holds 260,420 shares, representing 2.6% of the company's share capital and voting rights.