SYSTEMS SUNLIGHT SA informs the investing public that it has assigned without recourse, a receivable from the Greek state, to its affiliated company “Olympia Group Holdings SA”. The price for the said transaction amounts to EUR 8.1000.000.
DELOITTE prepared the relevant valuation report, on which the above mentioned price was based. The said assignment was decided for the purpose of financing the receivable, and will improve the Company’s consolidated results and equity by EUR 480.000 and EUR 365.000 respectively.
Athens, 23 December 2019