29/06/2016 - Sale of Ro/Pax DIAGORAS to AML

Attica Group (Attica) announces the sale of Ro/Pax Vessel Diagoras to the newly-established Moroccan company “AFRICA MOROCCO LINKS” (“AML”), in the context of the previously announced agreement between Attica Group and BMCE Bank of Africa to operate scheduled ferry services between Morocco and Europe through AML. Attica Group will hold a 49% participation, while 51% will be held by a group of Moroccan shareholders led by BMCE Bank of Africa Group.

Diagoras will cover the immediate operational needs of the Tanger Med (Morocco) – Algeciras (Spain) line. The sale of the Vessel is part of a broader agreement which includes also a repurchase agreement for the same financial consideration, should a replacement vessel be found.

Diagoras has already been replaced in her 2016 scheduled itineraries on the Greek domestic routes by other vessels of the Group.

Kallithea, 29th June, 2016


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