The Hellenic Republic Asset Development Fund (HRADF) on Thursday opened an accelerating book-building process for the placement of Helleniq Energy shares.
More specifically, HRADF opened an accelerating book-building offer, through private placement, of Helleniq Energy’s existing shares. The Fund sells part of its 35.48% equity stake in the listed company and Paneuropean Oil and Industrial Holdings SA sells part of its 47.10% equity stake in the listed company, or a total of around 10% of Helleniq Energy’s equity capital, depending on market conditions.
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