Plaisio founder, co-CEO unveils offer to de-list company from ATHEX through share buy-back

The chairman/Co-CEO/founder of Greece-based retailer Plaisio Computer, Georgios Gerardos, on Thursday announced a public offering to re-acquire 100 percent of the company’s shares in order to de-list it from the Athens Stock Exchange (ATHEX).

The offering price is 4.58 euros per share, according to an issued statement, with Gerardos possessing 66.71 percent of voting rights, and co-CEO Costas Gerardos possessing 15.47 percent – ie 82.18 percent by both.

The public offering calls for the remainder of the stake (17.82 percent or more than 3.93 million shares) to be purchased by the pair for aforementioned price per share.

Georgios Gerardos said the de-listing provide more business flexibility and less restrictions, as emanating from the regulatory framework for listed companies.