Papanikolopoulou & Partners has advised the National Bank of Greece and Piraeus Bank as financial advisers to Metlen Energy & Metals regarding its dual listing on the London Stock Exchange and the Athens Stock Exchange. Bernitsas, working with Clifford Chance, has advised Metlen. Karatzas & Partners, working with Latham & Watkins, advised Citigroup Global Markets and Morgan Stanley & Co as UK Sponsors and have also advised Citibank and Morgan Stanley Senior Funding on Greek law matters.
According to Bernitsas, the transaction was structured as a voluntary share exchange tender offer, through which Metlen Energy & Metals PLC offered newly issued, euro-denominated shares in exchange for all outstanding shares of Metlen Energy & Metals SA (formerly Mytilineos SA).
The move establishes the UK-listed PLC as the new parent company of the Metlen group, aiming to enhance international visibility, expand its shareholder base, and improve access to global capital markets. With a market capitalization of approximately EUR 6.2 billion, Metlen is one of Greece’s largest listed companies.
The Papanikolopoulou & Partners' team included Managing Partner Christina Papanikolopoulou, Senior Associate Athina Palli, and Junior Associate Christina Rapti.
The Bernitsas team included Partners Nikos Papachristopoulos, Maria Nefeli Bernitsa, and Fotodotis Malamas, Counsel Eleni Stazilova, Senior Associate Stella Papakosta, and Associates Marinos Shiapanis, Tania Patsalia, Yannis Seiradakis, Manto Karamanou, and Katia Zigoulianou.
The Karatzas & Partners team included Partners Catherine Karatzas, Alexandra Kondyli, and Valia Apostolopoulou, Senior Counsels Eleana Rouga, Sophia Mavridou, and Vassilis Goulielmos, Senior Associate Eleonora Ligoutsikou, Associates Pavlina Anagnostopoulou, Dimitris Passas, Katerina Stathakarou, Konstantina Meletiadou, Sophia Papasimakopoulou, Ioulia Baslari, Associate Magda Komi, and Trainee Lawyer Anna Desylla.
