The Hellenic Capital Market Commission approved the prospectus for FAIS HOLDINGS SOCIÉTÉ ANONYME’s initial public offering and listing on the Athens Stock Exchange, and also cleared MASDAR HELLAS SINGLE-MEMBER SA to exercise squeeze-out rights in TERNA ENERGY INDUSTRIAL COMMERCIAL TECHNICAL SOCIETE ANONYME. For FAIS HOLDINGS, the approved prospectus covers an offering of up to 9,100,500 new shares and up to 2,275,125 existing dematerialized, common, registered voting shares, with cash payment and the abolition of existing shareholders’ pre-emptive rights, alongside the listing for trading on the Regulated Market of the Athens Stock Exchange of the company’s total 45,502,500 shares. The squeeze-out approval relates to MASDAR HELLAS SINGLE-MEMBER SA’s request under Article 27 of Law 3461/2006.
Hellenic Capital Market Commission 2025-03-17
Hellenic Capital Market Commission approves FAIS Holdings IPO prospectus and Masdar Hellas squeeze-out of Terna Energy
The Hellenic Capital Market Commission approved FAIS HOLDINGS SOCIÉTÉ ANONYME’s prospectus for its initial public offering and listing on the Athens Stock Exchange, involving up to 11,375,625 shares. Additionally, MASDAR HELLAS SINGLE-MEMBER SA received clearance to exercise squeeze-out rights in TERNA ENERGY INDUSTRIAL COMMERCIAL TECHNICAL SOCIETE ANONYME under Article 27 of Law 3461/2006.