Iktinos Hellas S.a.ATHEX: IKTIN

Completion of the sale of the subsidiary company IDEI S.A.”

· Issued by Iktinos Hellas S.A.

IKTINOS HELLAS SA. announces to the investment community that the transfer of 100% of the shares of its subsidiary ΙΔΕΗ Α.Ε. to ΝΑΝΚΟ ΕΝΕΡΓΕΙΑ Α.Β.Ε.Τ.Ε., which operates in the Renewable Energy Sources sector, has been completed.

The total consideration for the transaction amounted to €8,300,000.

The completion of the transaction contributes to the improvement of the Company's financial position and is in line with its strategy to focus on its core business activities.


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