GO plc - Increase in Shareholding in Forthnet

On 12 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 160,510 shares. Forgendo acquired 60,510 shares on 10 January for a total consideration of €32,675.40 (equivalent to €0.54 per share) and a further 100,000 shares on 11 January for a total consideration of €54,000 (equivalent to €0.54 per share). Following this additional purchase of shares via the Athens Stock Exchange, Forgendo’s equity stake in Forthnet has increased from 41.04% to 41.15%.

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