AVE: Participation in Yalco's AMK with up to EUR 5 million

The participation will be carried out through AVE Participation Ltd, a wholly owned subsidiary of AVE S.A. and the implementation of the intention is subject to the approval of the General Meeting of YALCO shareholders.

AVE: Participation in Yalcos AMK with up to EUR 5 million

This article is an AI translation of an original piece published in Greek. Read original

The AVE Group of Companies hereby informs the investing public that it intends to participate with an amount of up to 5 million euros in the proposed share capital increase of the company  "YALCO," which is included in the Agenda of the Ordinary General Meeting of its shareholders to be held on June 2, 2026, for the purpose of adopting resolutions.

The participation will be carried out through AVE Participation Ltd, a wholly-owned subsidiary of AVE S.A. and the implementation of the aforementioned intention is contingent upon the General Meeting of YALCO shareholders approving all items on the Agenda, particularly those regarding the share capital increase through the capitalization of liabilities and a contribution in kind, and the reduction capital through a reduction in the par value of the shares, offset by an equal amount of prior-year losses.

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