A significant share redistribution occurred in today’s Athens Stock Exchange session, as two large share packages of EYDAP changed hands through pre-agreed transactions worth a total of €103.43 million. The transactions involved 10,343,370 shares, corresponding to 9.71% of the water company’s share capital, at a disposal price of €10 per share. The transfer took place within the closing auctions framework, significantly affecting daily turnover and the market’s overall picture. As announced, the buyer of the packages is GEK TERNA, which thus strengthens its position in the water resource management sector.
Specifically, as stated in a related announcement by GEK TERNA Group, on March 3, 2026, its 100% subsidiary URBAN SERVICES SINGLE MEMBER S.A. acquired through stock exchange transaction from a private shareholder a 9.71% stake in EYDAP S.A. (Ticker: EYDAP) for €103.4 million. EYDAP S.A. is Greece’s largest company operating in water distribution and management, as well as providing sewerage and wastewater treatment services. The company, through a regulated framework, serves over 40% of the country’s population.
The transaction is part of the Group’s strategic planning for investments in critical infrastructure sectors that offer long-term and recurring revenues. Additionally, the water resource management and related infrastructure sector is expected to present significant investment interest in upcoming periods, given climate change challenges and the need to adapt to this environment.
