Logicom is the largest shareholder of Demetra Investment Public Ltd, owning 29.62% of its share capital.
Demetra Investment Public Ltd ('Demetra') is listed on the Main Market of the Cyprus Stock Exchange and is a member of the FTSE/CySE20 index. Apart from the listed entity, the Demetra group includes a number of subsidiaries.
The Demetra group engages, amongst others, in real estate management and development, in the development, operation and management of sea-water desalination plants jointly with other stakeholders (including Logicom), and holds stakes in other listed or private entities.
In relation to the latter, Demetra holds a 10.3% stake in Logicom Public Ltd and more than 20% stake in Hellenic Bank Public Company Ltd, one of the main retail banks in Cyprus and the second largest banking institution on the island (making it Hellenic Bank’s largest single shareholder).