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HRADF: Signing of the share purchase agreement for the acquisition of a majority stake in the share capital of Heraklion Port Authority S.A.

The Hellenic Republic Asset Development Fund (HRADF), a member company of GROWTHFUND – The National Fund of Greece, announces that today, Monday, December 18, 2023, took place the signing of the share purchase agreement for the acquisition of a 67% stake in the share capital of Heraklion Port Authority (HPA S.A.) between the Fund and the consortium consisting of the companies “Grimaldi Euromed S.p.A.” and “Minoan Lines S.A.”, for a total fee of 80 million euros. The signing ceremony was attended by the Minister of Finance, Kostis Hatzidakis, the Minister of Shipping and Insular Policy, Christos Stylianides, the Minister of Rural Development and Food, Lefteris Avgenakis, the Deputy Minister of Development, Maximos Senetakis, the CEO of HRADF, Dimitris Politis, the CEO of GROWTHFUND – The National Fund of Greece, Grigoris D. Dimitriadis, the President and CEO of Grimaldi Euromed S.p.A., Emanuele Grimaldi, the Corporate Short Sea Commercial Director of the Grimaldi Group, Guido Grimaldi, the CEO of Minoan Lines, Loukas Sigalas, the President of the Board and Managing Director of SYMMETOCHES LIMENOS IRAKLEIOU S.A, Paul Kyprianou, the CEO of HPA S.A., Minas Papadakis and the President of the Board of Directors of HPA S.A., Ioannis Vardavas.

For more information, please refer to the attached document