The voting rights directly and indirectly controlled by Papoutsanis's chief executive and board member, Menelaos Tasopoulos, now account for 26.52%, according to a disclosure by the company to investors.
Mr Tasopoulos controls a total of 7,185,249 ordinary registered shares carrying voting rights, equivalent to 26.52% of the total. Of these, 1,918,367 shares are held directly through the joint account “KEM TASOPOULOS-KARATZA”, while the remaining 5,266,882 are held indirectly through “SAPON SINGLE-MEMBER S.A.”, a company he controls.
The change represents an increase in the holding from 25.96% to 26.52%, without exceeding the thresholds set out in Article 9 of Law 3556/2007, according to the relevant disclosure.
Meanwhile, the company announced that on 21 October 2026, Mr Tasopoulos bought 150,000 shares in Papoutsanis through the joint account “KEM TASOPOULOS-KARATZA” on the Euronext Athens market, at a price of €3.30 per share.