MINOAN LINES SA Announcement

Minoan Lines S.A. acquired from companies of INTERAMERICAN GROUP on February 12th, 2016 the total number of 3,037,000 shares (the “Shares”) of the non-listed company under the firm “HELLENIC SEAWAYS SOCIETE ANONYME SHIPPING COMPANY (hereinafter “HSW”) corresponding to 3.91% of its share capital.

 

The total share price of HSW amounting to 4,555,500.00 euros was totally paid on the same day to the seller companies.

 

To enhance its participation in HSW, Minoan Lines S.A. is currently in an ongoing process of conducting transactions for the purchase of HSW shares owned by interested minority shareholders.