Kiriacoulis”: Renamed to Y/KNOT Invest

The listed institution announced its volition to alteration its sanction and firm individuality to Y/KNOT Invest S.A. from “Kiriacoulis Mediterranean Cruises Shipping S.A.”, successful bid to align with the company’s caller concern illustration and strategic reorganization.

“This inaugural marks the adjacent step successful the Group’s earthy improvement from a institution with a strong household footprint, to a multi-shareholder, extroverted enactment that focuses connected renewal, diversification and extroversion with the purpose of creating a modern, flexible and sustainable concern ecosystem.

The institution seeks to make a modern, recognizable firm identity. The sanction Y/KNOT was chosen for its dual symbolism and its modern planetary character. Inspired by the operation “Why Not?” it expresses connected the 1 manus the spirit of innovation and boldness, while “KNOT” symbolizes the transportation with the sea, the tradition and continuity of the Group, arsenic well arsenic the transportation betwixt people, activities and values.

Five pillars of strategic development

The projected alteration concerns a holistic transformation, touching connected the way the Group operates, collaborates and develops.

Meanwhile, the motorboat of a stock buyback programme with an acquisition terms scope betwixt 0.60 and 8.00 euros is applicable impervious of shareholder support for the company’s prospects.

1. Group Activities

The firm intent amended reflects the company’s commercialized activities successful the sectors of yachting and shipping, marina management, tourism and hospitality, aiming for a much balanced and resilient concern portfolio.

2. Innovation and merchandise development

Investment successful caller services and experiences that harvester quality, technology and sustainability, responding to modern lawsuit needs and planetary trends, with the purpose of strengthening the Group’s presumption successful planetary markets.

3.Customer acquisition with a “Customer First – Digital First” philosophy

Prioritizing the lawsuit acquisition done a modern fleet and portfolio of services, integer tools, personalized services and modern work that creates value successful each contact.

4.Organizational renewal and concern successful people

Aligning firm structures, processes and teams with a caller operating exemplary that enhances collaboration, transparency and reward. At the aforesaid time, cultivating a civilization that inspires, learns and renews, which connects the acquisition of the company’s radical with the attraction of caller talents and the shared committedness to continuous progress.

5. Creating value for shareholders and society

Continuous enhancement of ratio and transparency, guided by sustainable improvement and the instauration of substantial value for each stakeholders.