Reasoned opinion of BoD 11.08.2017
(WorldNews Greece)

Maroussi, August 11th, 2017 REASONED OPINION OF THE BOARD OF DIRECTORS OF THE COMPANY TRADING AS ``GRIVALIA PROPERTIES REAL ESTATE INVESTMENT COMPANY`` AND WITH DISTINCTIVE TITLE ``GRIVALIA PROPERTIES REIC`` ON THE MANDATORY TENDER OFFER OF THE COMPANY ``FAIRFAX FINANCIAL HOLDINGS LIMITED``. On August 11th, 2017, the Board of Directors of the Company trading as "GRIVALIA PROPERTIES Real Estate Investment Company" (the "Company"), expressed its reasoned opinion, pursuant to Article 15 of Law 3461/2006, with regard to the mandatory public tender offer of "FAIRFAX FINANCIAL HOLDINGS LIMITED" (the "Offeror"), accompanied by a report submitted to the Board...