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Shareholders reduce holding

Hellenic Republic Asset Development Fund (HRADF), one of the largest oil companies in Southeast Europe,  and Paneuropean Oil & Industrial Holdings (POIH) have announced that they have sold 33.6m shares in HELLENiQ ENERGY, representing 11% of the existing ordinary shares. These were sold via an international private placement at a price of €7.00 per share. Although this is a third-party transaction, this will benefit the liquidity of HELLENiQ ENERGY’s shares.

1 February 2024

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