ELLAKTOR

Ellaktor’s CEO Leonidas Bobolas informed about the acquisition of 100,000 shares, representing 0.06% of total outstanding shares. On the other hand, according to euro2day.gr, Kallitsantsis brothers, who seek to replace Ellaktor’s top management at the next AGM (25 July), acquired yesterday an additional 4% stake, raising their participation in the company to approximately 27%. Note that current management team (Bobolas and Koutras) together own approximately 22%. In an interview with Bloomberg, CEO Bobolas pledged to stand down next year even if he wins the battle for control of the company (remaining however as a non-executive board member), making way to professional CEO hired by the new board.  

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