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First “green” light for the listing of the Athens International Airport to the ASE

ΓΙΩΡΓΟΣ ΚΟΝΤΑΡΙΝΗΣ/EUROKINISSI

The agreement signed on December 7 has been ratified along with the changes required so as to enable the listing of Athens International Airport (AIA) on the Stock Exchange

The listing of Athens International Airport (AIA) on the Stock Exchange is a strategically important choice of the government, Deputy Minister of Economy and Finance, Thanos Petralias, underlined in Parliament.

As he explained, the agreement signed on December 7 has been ratified along with the changes required so as to enable the listing of Athens International Airport (AIA) on the Stock Exchange. He also clarified that the main changes that are coming concern the harmonization with the corporate governance framework applicable to listed companies. More specifically, one of the main changes concerns the management of the company which should be carried out by a company that owns a percentage of 50% and not 40% which is the current case.

“This is an act of strategic importance, in order to increase the capitalization of the Greek capital market. It is the seventh largest company to enter the Athens Stock Exchange, which means that the Greek financial market is now becoming developed. What is being done is of strategic importance and we expect it to be successfully completed in February,” emphasized Petralias.

“It was a very right choice instead of being sold to a fund, as main opposition SYRIZA wanted, to be listed on the Athens Stock Exchange and allow Greek citizens and Greek companies, etc., to also invest,” he added.