{"id":24763,"date":"2026-02-24T09:53:12","date_gmt":"2026-02-24T07:53:12","guid":{"rendered":"https:\/\/yknot.gr\/ir\/?p=24763"},"modified":"2026-02-24T18:48:08","modified_gmt":"2026-02-24T16:48:08","slug":"regulated-information-transfer-of-participation-in-subsidiary","status":"publish","type":"post","link":"https:\/\/yknot.gr\/ir\/regulated-information-transfer-of-participation-in-subsidiary\/","title":{"rendered":"Regulated Information Announcement \u2013 Transfer of Participation in the Subsidiary \u201cKiriacoulis France SARL\u201d"},"content":{"rendered":"<p>Y\/KNOT Invest S.A. (the \u201cCompany\u201d) informs the investing public that on Wednesday, 18 February 2026, has completed the transfer to a private investor of its entire participation, namely a 70% stake, in the company under the name \u201cKiriacoulis France SARL\u201d (\u201cKF\u201d), for a symbolic consideration of one (1) euro, taking into account the historical loss\u2011making results and the negative equity of KF at the time of the transfer. The purchaser is not a related party to the Company within the meaning of the applicable legislation.<\/p>\n<p>This divestment forms part of Management\u2019s strategic decision to disengage from loss\u2011making activities abroad.<\/p>\n<p>KF\u2019s business activities included, among others, the sale and chartering of sailing yachts, as well as the operation of bases in France through its subsidiaries. The execution of the above activities through French subsidiaries entailed increased working capital requirements and significant coordination, oversight, and management costs.<\/p>\n<p>Henceforth, the activity of selling and chartering sailing yachts in France will be conducted by the Company and\/or Y\/KNOT Invest Group companies in Greece, while the optimal structure for the continuation of the base\u2011management activity in France will be sought.<\/p>\n<p>Through this transaction, Y\/KNOT Invest S.A. achieves:<\/p>\n<ul>\n<li>\u202fthe reduction of operating expenses by leveraging the know\u2011how of existing operational structures and human resources of the Group,<br \/>\n\u2022\u202fthe improvement of consolidated financial results due to the discontinuation of consolidating KF\u2019s losses,<br \/>\n\u2022\u202fthe centralisation of business resources in Greece, from where all sales and fleet management activities of the Company will henceforth be conducted, and<br \/>\n\u2022\u202fthe strengthening of the group\u2019s capital adequacy.<\/li>\n<\/ul>\n<p>This announcement constitutes the disclosure of inside information within the meaning of Article 7 of Regulation (EU) 596\/2014.<\/p>\n<p>The Company will continue to keep the investing public informed of any significant development.<\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: center;\">Alimos, 24 February 2026<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Y\/KNOT Invest S.A. (the \u201cCompany\u201d) informs the investing public that on Wednesday, 18 February 2026, has completed the transfer to a private investor of its entire participation, namely a 70%<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8,978],"tags":[],"class_list":["post-24763","post","type-post","status-publish","format-standard","hentry","category-corporate-news","category-year-2026"],"_links":{"self":[{"href":"https:\/\/yknot.gr\/ir\/wp-json\/wp\/v2\/posts\/24763","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/yknot.gr\/ir\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/yknot.gr\/ir\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/yknot.gr\/ir\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/yknot.gr\/ir\/wp-json\/wp\/v2\/comments?post=24763"}],"version-history":[{"count":1,"href":"https:\/\/yknot.gr\/ir\/wp-json\/wp\/v2\/posts\/24763\/revisions"}],"predecessor-version":[{"id":24764,"href":"https:\/\/yknot.gr\/ir\/wp-json\/wp\/v2\/posts\/24763\/revisions\/24764"}],"wp:attachment":[{"href":"https:\/\/yknot.gr\/ir\/wp-json\/wp\/v2\/media?parent=24763"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/yknot.gr\/ir\/wp-json\/wp\/v2\/categories?post=24763"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/yknot.gr\/ir\/wp-json\/wp\/v2\/tags?post=24763"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}