Eurobank: Demetra Holdings sold 8.58% to Logicom Services

The completion of the sale of 8.58% (17.152.353 ) of Demetra Holdings to Logicom Services announced today (17.1.2025) h. According to Eurobank’s announcement, the total transaction price amounted to almost EUR 27 million, i.e. EUR 1.55 per share. CORVERSE In detail the Bank’s announcement: Following its announcement of 25 November 2024, Eurobank Anonymous Company (Bank), a subsidiary of Eurobank Ergasias Services and Shareholders Anonymous Company (Eurobank Holdings), announces that on 16 January 2025, it completed the sale to Logicom Services Limited (Logicom) of 8.58% of Demetra Holdings Plc (Demetra) (17.152.353 shares), for a price of approximately €27 million, corresponding to €1.55 per share. It is recalled that this transaction is part of the Bank’s wider agreement with Demetra and Logicom, which provides in addition to the above transaction and acquisition by the Bank an additional 24,66% in the Greek Bank Public Company Ltd, by Demetra (21,33%) and Logicom (3,33%). The completion of this part of the agreement is expected about 10 February 2025, provided that the required regulatory approvals have been obtained.