NIREUS S.A.

Announcement for the acquisition of 50% of the shares of subsidiary

The management of NIREUS AQUACULTURE SA announces the acquisition of one thousand and twenty-two (1.022) shares, equivalent to 50% of total shares of its subsidiary company PROTEUS EQUIPMENT SA, for 1.350.000 euro.  The shares were held by the shareholders and members of the Board of Directors Aristides Belles (409 shares) and Nicholaos Chaviaras (409 shares), as well as the shareholder Pantelis Lamprinoudis (204 shares).

The transaction has been approved by the 1st Repeated General Meeting of Shareholders of 05.04.2015, according to the provisions of article 23a of CL 2190 / 1920.  After the acquisition, NIREUS AQUACULTURE SA owns 100% of the shares of its subsidiary PROTEUS EQUIPMENT SA.