Kronos Holidays SA https://www.kronosholidays.com Est. 1976 Wed, 11 Dec 2024 12:01:55 +0000 en-US hourly 1 https://wordpress.org/?v=7.1.2 https://www.kronosholidays.com/wp-content/uploads/2021/12/cropped-kronos-logoBIG-32x32.png Kronos Holidays SA https://www.kronosholidays.com 32 32 Announcement of Share Capital Reduction and Capital Return https://www.kronosholidays.com/en/announcement-of-share-capital-reduction-and-capital-return/ https://www.kronosholidays.com/en/announcement-of-share-capital-reduction-and-capital-return/#respond Tue, 10 Dec 2024 20:10:02 +0000 https://www.kronosholidays.com/?p=1362

ANNOUNCEMENT
Pursuant to Article 29, Paragraph 4 of Law 4548/2018

The Annual General Meeting of Shareholders of the company KRONOS TRAVEL – TOURS TOURISM, HOTEL, SHIPPING AND COMMERCIAL S.A. during its session on 30/10/2024, unanimously and by acclamation, decided, among other things, to reduce the company’s share capital by the amount of €250,000. This reduction will occur through a decrease in the nominal value of each share to five euros (€5), with the purpose of offsetting losses from previous years and returning capital to shareholders.

As a result, the company’s share capital will amount to €50,000, divided into 10,000 shares with a nominal value of five euros (€5) per share.

N. Heraklion, 20/11/2024

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