Platona Enterprises Company Limited, Antigone, Joanna and Tereza Lanitis, Costas Galatariotis Ltd., Evagoras and Iason Lanitis, Marios Lanitis, Isabella Eliades, Lanitis E.C. Holdings Limited and Unity Managers Limited offered to acquire remaining 14.4% stake in Amathus Public Limited for €3.6 million.

Platona Enterprises Company Limited, Antigone, Joanna and Tereza Lanitis, Costas Galatariotis Ltd., Evagoras and Iason Lanitis, Marios Lanitis, Isabella Eliades, Lanitis E.C. Holdings Limited and Unity Managers (Cyprus) Limited offered to acquire remaining 14.4% stake in Amathus Public Limited (CSE:ANC) for €3.6 million on November 3, 2021. The Takeover Bid is subject to the condition that the required approvals are obtained by the Cyprus Securities and Exchange Commission (“CySEC”) as provided by the Law. As of December 14, 2021, Cyprus Securities and Exchange Commission approved the deal.

The deal is expected to be completed by January 25, 2022. Cyprus Investment and Securities Corporation Limited acted as financial advisor for Offeror.