Quest Holdings S.A. informs the investors that following to the 2 July 2020 decision of the Board of Directors, on July 27, 2020 the Company proceeded with the execution of a program concerning the issuance of a common bond loan for the amount of ¤ 12,000,000 (twelve million euros) according to the provisions of Law 4548/2018 and Law 3156/2003. Alpha Bank S.A. has been appointed as the operator, paying agent and representative of the bondholders and the bond lenders. The bond loan will be used to pay the tax resulting from the capitalization of the company's reserves that had been formed from specially taxed profits.
Attachments
Original document
Permalink
Disclaimer
Quest Holdings SA published this content on 27 July 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 July 2020 14:50:04 UTC
Quest Holdings S.A. is specialized in the distribution of computer and telecommunications products. In addition, the group offers IT, postal and financial services. Net sales are divided across the following activities:
- distribution of computer and telecommunications products (65.3%): PCs, laptops, tablets, printers, telecommunications equipment, smart objects etc. Quest Holdings S.A. also manages the "you.gr" e-commerce platform;
- IT services (16.1%): design and implementation of integrated IT solutions; development of cloud-based applications; systems integration; development of digital communications and e-commerce platforms; development of enterprise application software; consulting services for company digital transformation, etc;
- mail and parcel delivery services (14.3%);
- development of electronic payment solutions (3.4%; business sold in September 2021): in particular, development and management of point-of-sale terminals;
- renewable energy production (0.9%).
Net sales are distributed geographically as follows: Greece (79.3%), rest of Europe (20.4%) and others (0.3%).