Following the corporate transformation and the recent announcement of the spin-off of its PPP/concession-related activities into M Concessions S.A., METLEN Energy & Metals PLC ("METLEN") continues to progress the consolidation of its infrastructure-related activities under a wholly owned standalone company, METKA Group ("METKA"). METKA is envisaged to encompass METLEN's construction, concessions and PPP investments, and facility management businesses (METKA ATE, M Concessions S.A. and Unison S.A.). The proposed re-organisation seeks to enhance operational flexibility and further develop METKA as a leading infrastructure platform, positioned to capture opportunities across infrastructure, PPPs, concessions and adjacent sectors, including real estate, logistics, water, and environmental projects, in Greece and the broader Southeast Europe region.
In this context, METLEN is reviewing strategic options, which include a potential listing of METKA on Euronext Athens. The strategic review is being undertaken with a view to providing METKA with additional capital to support its growth and expansion, thus further enhancing its self-funding capacity and financial autonomy. Should METLEN decide to proceed with a listing, it expects to retain majority control of METKA, which will remain METLEN's dedicated infrastructure platform, benefiting from the continued association with METLEN while pursuing its own growth opportunities. Any potential transaction would remain subject to, among other factors, prevailing market conditions, and completion of the relevant corporate and regulatory processes. Further announcements will be made as appropriate.
Important information
This announcement is for information purposes only and does not constitute or form part of any offer to sell or issue, or any solicitation of an offer to purchase or subscribe for, any securities in any jurisdiction. This announcement does not constitute a prospectus.
This announcement may contain “forward-looking” statements and projections regarding certain of METLEN’s plans and its current goals, intentions, beliefs and expectations concerning, among other things, METLEN’s infrastructure-related activities and the prospects, growth, strategies and the industries in which METLEN operates. These forward-looking statements can be identified by the fact that they do not relate only to historical or current facts. By their nature, forward-looking statements are inherently subject to risks, uncertainties and contingencies which relate to factors that are beyond METLEN’s ability to control or estimate precisely, and that could cause actual events or results to differ materially from those expressed therein. Accordingly, undue reliance should not be placed on these forward-looking statements, which speak only as of the date of this announcement. METLEN does not undertake any obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date of this announcement.
For further information please contact:
Investors Relations
Tel. +30 210-6877300 | Fax +30 210-6877400 | E-mail: ir@metlengroup.com
Press Office
Tel. +30 210-6877346 | Fax +30 210-6877400 | E-mail: communications@metlengroup.comv
