The public limited company under the name “INTRACOM HOLDINGS S.A.” and the trade name “INTRACOM HOLDINGS” (hereinafter the “Company”), in the context of and following the announced commencement of the merger process (hereinafter the “Merger”) by absorption of “EUROPE HOLDINGS S.A.” (hereinafter “EUROPE”), a 40% subsidiary of our Company, by “CREDIABANK S.A.” (hereinafter “CREDIABANK”), announces to the investing public the signing of a binding agreement with “Thrivest Holdings Ltd,” a shareholder of “CREDIA BANK S.A.”, pursuant to which INTRACOM HOLDINGS, in its capacity as the major shareholder of EUROPE, and “Thrivest Holdings Ltd”, in its capacity as the major shareholder of CREDIABANK, have undertaken to vote in favor of the aforementioned Merger at the respective general meetings of the two merging companies and to refrain from any action that would prejudice or delay the approval of said Merger.
Furthermore, our Company has agreed to a lock-up of the new shares it will receive for a period of 6 months following the completion of the Merger.
The Company will keep investors informed of any material developments, in accordance with applicable law.