Announcement regarding the disbursement of common bond loans of Parent Company “ELGEKA S.A.” and its subsidiary company “DIAKINISIS S.A. Warehousing – Transport – Packaging”

Industrial area of Sindos – Thessaloniki, October 23rd, 2019

 

Announcement regarding the disbursement of common bond loans of Parent Company “ELGEKA S.A.” and its subsidiary company “DIAKINISIS S.A. Warehousing – Transport – Packaging”

 

“ELGEKA S.A.” announces, according to article 17 par. 1 of the Regulation (ΕU) 596/2014 of the European Parliament and the Council of 16th April 2014 and under article 2, par. 2 item (ig) of the 3/347/12.7.2005 Decision of the Board of Directors of the Hellenic Capital Market Commission, that on 23.10.2019 was disbursed the Common Bond Loan of thirty eight million and fifty thousand euro (€38,050,000), as provided by the contract, signed on 25.07.2019, with Alpha Bank, Eurobank, Piraeus Bank and National Bank of Greece. Likewise, at the same date was disbursed the Common Bond Loan of eleven million six hundred fifty thousand (€11,650,000) of the subsidiary company “DIAKINISIS S.A. Warehousing – Transport – Packaging”.

With the above disbursements, the refinancing of the existing loan liabilities of the parent company “ELGEKA S.A.” and the subsidiary company “DIAKINISIS S.A.” has successfully completed, as the short-term borrowing is converted into long-term, contributing significantly to the growth of the working capital, liquidity and profitability of ELGEKA Group.

 

Ministry of Economy & Development– General Secretariat for Commerce & Consumer Protection
Directorate of Societe Anonyme Companies & G.E.MI. – G.E.MI. Νο: 57298604000