The consideration has been agreed at €55 million representing a 0.74x P/BV multiple.

TITAN Cement Group accelerates its climate mitigation efforts through a $35 million investment in Florida Terminal

The offering price of the Bonds has been determined at par, i.e. € 1,000 per Bond.

The company announced the construction of a 70 MW photovoltaic park in Mavrodendri.

Within the second half of 2022, its construction is expected to be completed and the farm is expected to be put in operational mode.

Mr. Kitsios will assume his duties in mid-January 2022.

The consideration for 100% of the shares of the two companies amounts to €85million.