Astir Palace Vouliagmeni S.A.

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ASTIR PALACE VOULIAGMENIS HOTEL SINGLE MEMBER SOCIETE ANONYME

Shipowner George Prokopiou acquires stake in Astera Vouliagmenis

According to unconfirmed reports, shipowner George Prokopiou has reached an agreement to acquire a stake exceeding 30% in Astera Vouliagmenis.

It is currently unclear whether this stake pertains to the Turkish Dogus participation (33%) or if it involves a share from the Arab owners, with discussions indicating that the price is around 300 million euros.