Metlen Energy & Metals

Ioannis Kalafatas, board member responsible for the energy division at Metlen Energy & Metals, sold 8,800 ordinary shares on 10 October at €47.61 per share. The transaction had a volume of around €419,000 and was executed on the Athens Stock Exchange. The disclosure was made as a mandatory notification by a PDMR under the Market Abuse Regulation; the company gave no reasons for the sale. The nominal value of the ordinary shares is €11 and the current price on the Athens exchange is quoted at €47.61. » More on de.investing.com

Paraskevi Bouzali, director of corporate affairs and communications at Metlen Energy & Metals, sold 6,817 ordinary shares at €45.9449 per share on the Athens Stock Exchange, totaling around €313,000. The transaction was published as a PDMR notification under the Market Abuse Regulation; the reason for the sale and the remaining holding were not disclosed. » More on de.investing.com

Hamblin Watsa Investment Counsel Ltd. has reduced its voting stake in Metlen Energy & Metals PLC from 9.25% to 8.35%, thereby falling below the reporting threshold on August 29. The Toronto-based subsidiary of Fairfax Financial Holdings Limited now controls 11,938,047 voting rights through indirect holdings held on behalf of several insurance and reinsurance companies. According to the filing, Hamblin Watsa holds no other financial instruments related to Metlen and reported the change under UK transparency requirements. » More on de.investing.com

METLEN Energy & Metals PLC has made a final decision to invest €50 million to build its fourth defense plant in the industrial area of Volos, which will manufacture components for Leopard 2A8 tanks. The facility, covering more than 10,000 m² and equipped with five heavy machining centres, is scheduled to start operations in the first half of 2027 and will create 200–250 jobs; it will be part of the planned METLEN Technologies Hub. The company names strategic partners such as IVECO and KNDS and plans to include the project under the Greek law on strategic investments. » More on de.investing.com

Metlen Energy & Metals PLC issues, following regulatory approval, 13,998,756 new ordinary shares as part of a squeeze-out and a capital increase of €153,986,316. The new shares will be traded on the London Stock Exchange from 1 September and on the Athens exchange the same day; CREST book-entry has been completed. After the capital increase, Metlen PLC’s share capital amounts to €1,573,252,780, divided into 143,022,980 registered ordinary shares. » More on de.investing.com