News
Sale of Shares through Private Placement
The Management of the company under the name “ALUMIL ALUMINIUM INDUSTRY S.A.” (hereinafter referred to as the “Company”), in accordance with the applicable legislation and further to its relevant announcement dated 29.05.2025, responsibly and promptly informs the investment community that on Tuesday, 03.06.2025, the principal shareholders of the Company, Mr. Georgios Mylonas (son of Alexandros) and Mrs. Evangelia Mylona (daughter of Alexandros), proceeded with the sale, through a private placement, of 1,620,684 shares, which correspond to 5% of the Company’s paid-up share capital, at a sale price of €4.90 per share and a total value of €7,941,351.60.
Specifically:
- Mr. Georgios Mylonas sold 1,134,479 shares with a total value of €5,558,947.10; and
- Mrs. Evangelia Mylona sold 486,205 shares with a total value of €2,382,404.50.
Through this transaction, the Company significantly enhances the dispersion of its shareholding base into high-quality investment portfolios, which constitutes a consistent strategic objective of the Management.
Additionally, in accordance with the agreement with the Bondholders, the total amount of €7,941,351.60 will be provided by the principal shareholders to the Company in the form of a long-term cash facility, which will be used exclusively for the repayment of the Company’s loan obligations.
The Management remains committed to strengthening the Company’s financial robustness and investment attractiveness.