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 completed the acquisition of remaining 14.4% stake in Amathus Public Limited.
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 completed the acquisition of remaining 14.4% stake in Amathus Public Limited (CSE:ANC) on January 25, 2022. During the offer period, 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 acquired 6.718% stake while remaining will be acquired through compulsory acquisition. On February 21, 2022, the offerors received approval from Cyprus Securities and Exchange Commission for the exercise of the Squeeze Out right for the acquisition of 100% of the shares.