{"id":4012,"date":"2020-04-27T11:53:30","date_gmt":"2020-04-27T11:53:30","guid":{"rendered":"https:\/\/kedipes.com.cy\/?p=4012"},"modified":"2020-09-07T11:56:02","modified_gmt":"2020-09-07T11:56:02","slug":"press-release-5","status":"publish","type":"post","link":"https:\/\/kedipes.com.cy\/en\/announcements\/press-release-5\/","title":{"rendered":"Press Release"},"content":{"rendered":"<p>In the context of the implementation of the Commitments undertaken by The Cyprus Republic towards the European Commission, an agreement was signed on 24\/04\/2020 to sell 49% of the share capital of Altamira Asset Management (Cyprus) Limited.<\/p>\n<p>The agreement relates to the sale to Altamira Asset Management S.A., 490 Class &#8220;A&#8221; shares, with a nominal value of \u20ac 1.00 each, held by the Cooperative Asset Management Company Ltd (SEDIPES).<\/p>\n<p>The agreed sale price was set at \u20ac 4.5 million and confirmed by an independent expert as compliant with market conditions provided by the Commission for the Protection of Competition.<\/p>\n<p><a href=\"https:\/\/kedipes.com.cy\/wp-content\/uploads\/\u0394\u0395\u039b\u03a4\u0399\u039f-\u03a4\u03a5\u03a0\u039f\u03a5-27042020.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">Click here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In the context of the implementation of the Commitments undertaken by The Cyprus Republic towards the European Commission, an agreement was signed on 24\/04\/2020 to sell 49% of the share capital of Altamira Asset Management (Cyprus) Limited. The agreement relates to the sale to Altamira Asset Management S.A., 490 Class &#8220;A&#8221; shares, with a nominal value of \u20ac 1.00 each, held by the Cooperative Asset Management Company Ltd (SEDIPES). The agreed sale price was set at \u20ac 4.5 million and confirmed by an independent expert as compliant with market conditions provided by the Commission for the Protection of Competition. Click[&#8230;]<\/p>\n","protected":false},"author":1,"featured_media":1906,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[25],"tags":[],"class_list":["post-4012","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-announcements"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Press Release - \u039a.\u0395.\u0394\u0399.\u03a0\u0395.\u03a3.<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/kedipes.com.cy\/en\/announcements\/press-release-5\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Press Release - \u039a.\u0395.\u0394\u0399.\u03a0\u0395.\u03a3.\" \/>\n<meta property=\"og:description\" content=\"In the context of the implementation of the Commitments undertaken by The Cyprus Republic towards the European Commission, an agreement was signed on 24\/04\/2020 to sell 49% of the share capital of Altamira Asset Management (Cyprus) Limited. The agreement relates to the sale to Altamira Asset Management S.A., 490 Class &#8220;A&#8221; shares, with a nominal value of \u20ac 1.00 each, held by the Cooperative Asset Management Company Ltd (SEDIPES). The agreed sale price was set at \u20ac 4.5 million and confirmed by an independent expert as compliant with market conditions provided by the Commission for the Protection of Competition. 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