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The BoD will propose to the upcoming AGM a total cash distribution to € 45.0 million (0.38/sh gross) compared to € 40.0 million in 2021 (0.34/sh).
It should be noted that this is the second 5-star resort of Brown Hotels in Greece - after Isla Brown Corinthia which started its operation last year in the Spring.
The engineers' fund will retain approximately 5% of the Bank's share capital after the completion of the increase.
Bids must be submitted by May 17, 2023 at 1:00 p.m. (Greece time) and the payment of the Public Financial Contribution, is of a maximum budget amount of 18,750,000 euros.