Aspis reduces stake in Options Cassoulides

Aspis Holdings Public Co Ltd (ASP.CY) announced that it has reached an agreement with a strategic investor to sell 100% of its subsidiary Company, Beira Investments Ltd for a total consideration of EUR5.7 mln.
Beira Investments currently holds 18.98% of the share capital of Options Cassoulides Plc which corresponds to 8.8 mln shares. After the agreement will materialize, ASP will still participate in the share capital of OPT with a stake of 10% or 5.1 mln shares.