GO plc - Increase in shareholding in Forthnet

On 21 December, GO plc announced that Forgendo Limited (the joint venture company between GO and its majority shareholder Emirates International Telecommunications) increased its shareholding in Forthnet through an acquisition of a further 32,296 shares. Forgendo acquired 28,000 shares on 16 December for a total consideration of €16,800 equivalent to €0.60 per share and a further 4,296 shares on 17 December for a total consideration of €2,534.64 equivalent to €0.59 per share. Following this additional purchase of shares via the Athens Stock Exchange, Forgendo’s equity stake in Forthnet has increased from 40.71% to 40.74%.

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