J&P-AVAX SA announces it raised its equity participation in the Rio-Antirrio Bridge concessionaire and operator companies, respectively named GEFYRA SA and GEFYRA LEITOYRGIA SA, following the purchase of shares from PROODEFTIKI SA.
More specifically, J&P-AVAX acquired 0.73% of GEFYRA SA and 1.34% of GEFYRA LEITOYRGIA SA for a total consideration of around euros 2.2 million, raising its equity participation to 12.14% of GEFYRA SA and 12.75% of GEFYRA LEITOYRGIA SA.
The Group's subsidiary ATHENA SA also acquired an additional 0.50% of GEFYRA SA and 0.92% of GEFYRA LEITOYRGIA SA for a total consideration of around euros 1.5 million, raising its equity participations to 8.39% and 8.81% respectively.
At Group level, J&P-AVAX SA's participation in GEFYRA SA and GEFYRA LEITOYRGIA SA amounts to 20.52% and 21.55% respectively.