Metlen PLC has initiated a voluntary share exchange tender offer to acquire all outstanding shares of METLEN ENERGY & METALS S.A. not already held by its controlling shareholder, aiming to consolidate ownership and enhance operational efficiencies.

Information on the Target

METLEN ENERGY & METALS S.A. (the “Company”) is a publicly traded firm whose share capital amounts to €138,814,916.17. This capital is divided into 143,108,161 ordinary registered shares, each with a nominal value of €0.97. Notably, Metlen PLC, a public limited company established under the laws of England and Wales, is the sole shareholder of the Company, represented by its founder Mr. Evangelos Mytilineos.

Currently, Mr. Mytilineos directly holds 122,477 Company Shares and, through his controlled entities—Emergia Holdings Ltd, Frezia Ltd, Kilteo Ltd, Melvet Investments Ltd, and Rocaldo Ltd—he holds an additional 30,777,306 Company Shares. Collectively, these holdings represent approximately 21.59% of the Company’s total voting rights, indicating a significant stake in the business.

Industry Overview in the Target’s Specific Country

The energy and metals industry in Greece has been experiencing substantial growth driven by increased global demand for energy resources and metal products. With a strategi