Metlen Energy & Metals execs receive shares in tender offer exchange

Published 06/08/2025, 17:12
Metlen Energy & Metals execs receive shares in tender offer exchange

LONDON - Metlen Energy & Metals PLC announced Monday that several company executives and their associates received ordinary shares through a voluntary share exchange tender offer that concluded on July 25, 2025.

According to a regulatory filing, Chairman and CEO Evangelos Mytilineos received 122,477 ordinary shares of EUR 11 each. Companies closely associated with Mytilineos also participated in the exchange, with Frezia Ltd receiving 15,601,219 shares, Kilteo Ltd receiving 15,118,330 shares, and Melvet Investments Ltd receiving 57,757 shares.

The transaction involved executives exchanging their existing shares in Metlen Energy & Metals SA for shares in Metlen Energy & Metals PLC. Other company executives who participated in the exchange included Evangelos Chrisafis (116,103 shares), Dimitrios Papadopoulos (15,855 shares), and Christos Gavalas (59,616 shares).

Additional management participants included Ioannis Kalafatas (85,777 shares), Dinos Benroubi (45,137 shares), and several other persons discharging managerial responsibilities at the company.

The shares were issued at no cost as part of the share exchange offer, with transactions completed on August 1, 2025, outside a trading venue.

Metlen Energy & Metals PLC maintains a primary listing on the London Stock Exchange (LON:LSEG) and a secondary listing on the Athens Stock Exchange. The company issued the disclosure in accordance with regulatory requirements under the EU Market Abuse Regulation and UK law.

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