Nel Lines to raise €33m to buy additional ferry

This story is available in full to Ferrynews subscribers only. Become a subscriber to see more.

Maritime Company of Lesbos, which operates Nel Lines, is planning a share capital increase this year to enable it to purchase an additional ferry, writes Paul Tugwell.

Nel aims to raise €33m ($48m) through the issuance of 47.3m new shares with an issue price of €0.70, the Athens Stock Exchange-listed company informed Greek bourse authorities.


This story is available in full to Ferrynews subscribers only. Become a subscriber to see more.