Maroussi, 6 August 2025 - METLEN ENERGY & METALS S.A. (the “Company”), according to the provisions of law 3556/2007, announces the following, on the basis of the relevant notifications received by each of METLEN ENERGY & METALS PLC (“Metlen PLC”), Mr. Evangelos Mytilineos, EMERGIA HOLDINGS LTD, ROCALDO LTD, FREZIA LTD, KILTEO LTD, MELVET INVESTMENTS LTD and Fairfax Financial Holdings Limited (“FFH”):
1. The share capital of the Company amounts to €138,814,916.17 and is divided into 143,108,161 ordinary registered shares, each having a nominal value of €0.97 (the "Company Shares").
2. On 30 July 2025, Metlen PLC acquired 129,024,224 Company Shares, which were lawfully and validly tendered to Metlen PLC in the context of the voluntary share exchange tender offer that it submitted on 25 June 2025, in accordance with Law 3461/2006 (the “Tender Offer”).
As a result, as of 30 July 2025, Metlen PLC holds directly 129,024,224 Company Shares, representing approximately 90.16% of the Company’s share capital and voting rights.
It should be noted that, according to the Company’s announcement dated 01.07.2025, Mr. Evangelos Mytilineos and his controlled entities (within the meaning of Article 3, paragraph 1(c) of Law 3556/2007), EMERGIA HOLDINGS LTD, ROCALDO LTD, FREZIA LTD, KILTEO LTD and MELVET INVESTMENTS LTD (together the “Controlled Persons”) were persons acting in concert (as defined in article 2, paragraph (e) of Law 3461) with Metlen PLC, as well as with each other (together the “Persons Acting in Concert”) with respect to the Tender Offer. As a result, as at 30 July 2025, each of Mr. Evangelos Mytilineos and the Controlled Persons were deemed to hold indirectly 129,024,224 Company Shares, representing approximately 90.16% of the Company’s share capital and voting rights.
3. On 1 August 2025:
(a) Evangelos Mytilineos and the Controlled Persons were issued ordinary shares in the capital of Metlen PLC in exchange for their Company Shares, following the settlement of the Tender Offer. As a result, as of 1 August 2025, Mr. Mytilineos has ceased to control Metlen PLC and he and the Controlled Persons have ceased to act in concert with Metlen PLC, and
(b) Subsidiaries of FFH and subsidiaries of FFHL Group Ltd, a company controlled by FFH, were issued ordinary shares in the capital of Metlen PLC in exchange for their Company Shares, following the settlement of the Tender Offer.
In view of the above:
