ELLAKTOR

Ellaktor’s second largest shareholders,  Anastatios Kallitsantsis and Dimitrios Kallitsantsis who together own about 13% of company’s shares, resigned from their positions as chairman and vice-chairman of the BoD respectively (both remaining in the BoD). With an official announcement, Kallitsantsis brothers disclosed their intention to propose at the next AGM (29 June) the replacement of group’s top management, specifically of the group CEO Leonidas Bobolas  and of the vice-chairman of the BoD Dimitrios Koutras (Koutras is also Chairman and CEO of the construction arm Aktor). Note that Bobolas and Koutras together own approximately 22% of Ellaktor, while according to company’s last presentation (May 2018) the shareholders structure is as follows: Management team 38.7%, foreign institutional investors 29.3%, Greek institutional investors 8.4%, retail 21%, and treasury 2.6%.  

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