GO plc - Increase in Shareholding in Forthnet

Tuesday, January 25th, 2011

On 24 January, Forthnet S.A. announced that its largest shareholder Forgendo Ltd (the joint venture company between GO and its majority shareholder Emirates International Telecommunications) increased its shareholding in Forthnet S.A. through an acquisition of a further 72,999 shares on 20 January for a total consideration of €42,399.42 (equivalent to €0.58 per share). Following this additional purchase of shares via the Athens Stock Exchange, Forgendo’s equity stake in Forthnet has increased from 41.15% to 41.19%.

Print This Page Print This Page