The Board of Directors of the company “EPSILON NET S.A.” announces to the shareholders that, according to article 101 of the Law 4548/2018, in its session, dated 10/11/2021, decided unanimously to grant a special permission, which is valid for six (6) months, pursuant to article 100 of Law 4548/2018, as now in force, for conducting the following transactions with affiliated parties in the meaning of the Law 4548/2018, as now in force and IAS 24&28 1) Acquisition from the company «SINGULARLOGIC S.A» 25,250 shares of the company under the name «PROFESSIONAL C.S. SA», representing 25.25% of its share capital for 718,994.00 € and 2) Acquisition from the company «EPSILON SINGULARLOGIC S.A» 25,250 shares of the company under the name «PROFESSIONAL C.S. SA», representing 25.25% of its share capital for 718,994.00 €.
In order to grad the permissions for the abovementioned transactions, the Board of Directors took into consideration the Fairness Opinion Reports on the issue, dated 26/10/2021, conducted by the Independent Chartered Accountant Panagiotis Patsis (Reg. Nr. 112921) of the Audit Firm “PKF Euroconsulting S.A.”, from which the conclusion is that every one from these transactions is reasonable and fair for the Company and the shareholders that are not affiliated parties, including the minority shareholders (article 101 par.1 of the L4548/2018)
According to article 100 par. 3 of the Law 4548/2018, within the next ten (10) days from the publication of this announcement, shareholders representing 1/20 of the share capital of the company can request the calling of a General Meeting in order to decide on the issue of permission.
The Opinion Reports according to article 101 of the Law 4548/2018 are uploaded (only in Greek) on our website:
