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Universal Golf Enterpises Plc — Major Shareholding Notification 2025
Dec 23, 2025
2535_dirs_2025-12-23_f3c62dcc-eb74-46a6-808c-967198015559.pdf
Major Shareholding Notification
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Annex 27 (TO BE COMPLETED BY THE REAL BENEFICIARY AND SENT TO THE COMPANY)
NOTICE OF ACQUISITION OR DISPOSAL OF A SIGNIFICANT HOLDING BY THE ACQUIRER OR DISPOSER PURSUANT TO PARAGRAPH 5.3.7.2
| NAME of the ACQUIRER OR DISPOSER: *
AFFILIATED COMPANIES :
PHOTOS PHOTIADES GROUP LTD | | | |
| --- | --- | --- | --- |
| NAME of the ISSUER:
UNIVERSAL GOLF ENERPRISES | | TRANSACTION DATE:
22/12/2025 | |
| DESCRIPTION OF
THE TITLE: | NUMBER OF
SECURITIES: | % VOTING RIGHTS / SHARE
CAPITAL BEFORE THE
ACQUISITION OR DISPOSAL | % VOTING RIGHTS / SHARE
CAPITAL AFTER THE
ACQUISITION OR DISPOSAL |
| ORDINARY/
SHARES/LISTED | 30.795.432 | 2.27% | 56.25% |
| COMPLETED: ECM CSE ☑ OTHER MARKET**
_______ | | | |
| Refers:
BUY ☑
SELL ☐
PRICE PER SECURITY: EURO. 0.89
COMPOSED OUTSIDE THE STOCKEXCHANGE
(Over the Counter – OTC) ☑ | | | |
| IF OTHER REASON DETERMINE: Dividend in kind
_______ | | | |
- The name refers to the registered owner or the beneficiary of the securities (natural or legal person), even if he is not entitled to exercise voting rights, as well as the natural person entitled to exercise voting rights on behalf of the beneficiary.
** Where applicable, the chain of related undertakings through which the acquirer or disposer holds the voting rights.
*** To clarify whether the security to which the issuer refers is listed or not on the CSE, e.g. if he has listed on the CSE preference shares or shares of another Class or Bonds and proceeds to a transaction of ordinary (with voting rights) non-listed shares, he should also complete this form.
***Indicate the market in which the transaction was completed in case of parallel listing.
I declare that, to the best of my knowledge, all the above information is correct and true.
Signature
22/12/2025
Date
Note:
This Declaration:
(a) Concerns issuers that have listed their securities on the Emerging Companies Market (ECM) of the Cyprus Stock Exchange or on another market in case of parallel listing (the obligation to announce also applies in the case of a share of a listed issuer that is not listed on the CSE, e.g. if it has preference shares or shares of another Class or Bonds listed on the CSE and proceeds to a transaction of ordinary (with voting rights) non-listed shares, it must also proceed to the completion of this form).
(b) Should be notified by the acquirer or the disposer to the issuer of the ECM Market, within two working days of the acquisition or disposal of the shares,
(c) It is provided that in this case the issuer must immediately and without undue delay transmit this information to the CSE for publication with a relevant announcement through the CSE's Announcement System, known as OAM
Annex 27 (TO BE COMPLETED BY THE REAL BENEFICIARY AND SENT TO THE COMPANY)
NOTICE OF ACQUISITION OR DISPOSAL OF A SIGNIFICANT HOLDING BY THE ACQUIRER OR DISPOSER PURSUANT TO PARAGRAPH 5.3.7.2
| NAME of the ACQUIRER OR DISPOSER: *
AFFILIATED COMPANIES :
PICAM LIMITED | | | |
| --- | --- | --- | --- |
| NAME of the ISSUER:
UNIVERSAL GOLF ENTERPRISES | | TRANSACTION DATE:
22/12/2025 | |
| DESCRIPTION OF
THE TITLE: | NUMBER OF
SECURITIES: | % VOTING RIGHTS / SHARE
CAPITAL BEFORE THE
ACQUISITION OR DISPOSAL | % VOTING RIGHTS / SHARE
CAPITAL AFTER THE
ACQUISITION OR DISPOSAL |
| ORDINARY SHARES
LISTED | 2,416,070 | 0.30% | 4.41% |
| COMPLETED: ECM CSE ☑ OTHER MARKET**
_______ | | | |
| Refers:
BUY ☑
SELL ☐
PRICE PER SECURITY: EURO. 0.61...
COMPOSED OUTSIDE THE STOCKEXCHANGE
(Over the Counter – OTC) ☑ | | | |
| IF OTHER REASON DETERMINE: Dividend in kind
_______ | | | |
- The name refers to the registered owner or the beneficiary of the securities (natural or legal person), even if he is not entitled to exercise voting rights, as well as the natural person entitled to exercise voting rights on behalf of the beneficiary.
** Where applicable, the chain of related undertakings through which the acquirer or disposer holds the voting rights.
*** To clarify whether the security to which the issuer refers is listed or not on the CSE, e.g. if he has listed on the CSE preference shares or shares of another Class or Bonds and proceeds to a transaction of ordinary (with voting rights) non-listed shares, he should also complete this form.
***Indicate the market in which the transaction was completed in case of parallel listing.
I declare that, to the best of my knowledge, all the above information is correct and true.
Signature
22/12/2025
Date
Note:
This Declaration:
(a) concerns issuers that have listed their securities on the Emerging Companies Market (ECM) of the Cyprus Stock Exchange or on another market in case of parallel listing (the obligation to announce also applies in the case of a share of a listed issuer that is not listed on the CSE, e.g. if it has preference shares or shares of another Class or Bonds listed on the CSE and proceeds to a transaction of ordinary (with voting rights) non-listed shares, it must also proceed to the completion of this form).
(b) Should be notified by the acquirer or the disposer to the issuer of the ECM Market, within two working days of the acquisition or disposal of the shares,
(c) It is provided that in this case the issuer must immediately and without undue delay transmit this information to the CSE for publication with a relevant announcement through the CSE's Announcement System, known as OAM
Annex 27 (TO BE COMPLETED BY THE REAL BENEFICIARY AND SENT TO THE COMPANY)
NOTICE OF ACQUISITION OR DISPOSAL OF A SIGNIFICANT HOLDING BY THE ACQUIRER OR DISPOSER PURSUANT TO PARAGRAPH 5.3.7.2
| NAME of the ACQUIRER OR DISPOSER: *
AFFILIATED COMPANIES : **
AOTOS PHOTIADES GROUP LTD | | | |
| --- | --- | --- | --- |
| NAME of the ISSUER:
UNIVERSAL GOLF ENTERPRISES | | TRANSACTION DATE:
23/12/2025 | |
| DESCRIPTION OF
THE TITLE: | NUMBER OF
SECURITIES: | % VOTING RIGHTS / SHARE
CAPITAL BEFORE THE
ACQUISITION OR DISPOSAL | % VOTING RIGHTS / SHARE
CAPITAL AFTER THE
ACQUISITION OR DISPOSAL |
| ORDINARY SHARE
LISTED | 32,090,433 | 56,25% | 0% |
| COMPLETED: ECM CSE ☑ OTHER MARKET
____ | | | |
| Refers:
BUY ☐
SELL ☑
PRICE PER SECURITY: EURO. 0.241
COMPOSED OUTSIDE THE STOCKEXCHANGE
(Over the Counter – OTC) ☑ | | | |
| IF OTHER REASON DETERMINE: ____________ | | | |
- The name refers to the registered owner or the beneficiary of the securities (natural or legal person), even if he is not entitled to exercise voting rights, as well as the natural person entitled to exercise voting rights on behalf of the beneficiary.
** Where applicable, the chain of related undertakings through which the acquirer or disposer holds the voting rights.
*** To clarify whether the security to which the issuer refers is listed or not on the CSE, e.g. if he has listed on the CSE preference shares or shares of another Class or Bonds and proceeds to a transaction of ordinary (with voting rights) non-listed shares, he should also complete this form.
***Indicate the market in which the transaction was completed in case of parallel listing.
I declare that, to the best of my knowledge, all the above information is correct and true.
Signature
23/12/2025
Date
Note:
This Declaration:
(a) Concerns issuers that have listed their securities on the Emerging Companies Market (ECM) of the Cyprus Stock Exchange or on another market in case of parallel listing (the obligation to announce also applies in the case of a share of a listed issuer that is not listed on the CSE, e.g. if it has preference shares or shares of another Class or Bonds listed on the CSE and proceeds to a transaction of ordinary (with voting rights) non-listed shares, it must also proceed to the completion of this form).
(b) Should be notified by the acquirer or the disposer to the issuer of the ECM Market, within two working days of the acquisition or disposal of the shares,
(c) It is provided that in this case the issuer must immediately and without undue delay transmit this information to the CSE for publication with a relevant announcement through the CSE's Announcement System, known as OAM
Annex 27 (TO BE COMPLETED BY THE REAL BENEFICIARY AND SENT TO THE COMPANY)
NOTICE OF ACQUISITION OR DISPOSAL OF A SIGNIFICANT HOLDING BY THE ACQUIRER OR DISPOSER PURSUANT TO PARAGRAPH 5.3.7.2
| NAME of the ACQUIRER OR DISPOSER: *
AFFILIATED COMPANIES :
PICAM LTD | | | |
| --- | --- | --- | --- |
| NAME of the ISSUER:
UNIVERSAL GOLF ENTERPRISES | | TRANSACTION DATE:
23/12/2025 | |
| DESCRIPTION OF
THE TITLE: | NUMBER OF
SECURITIES: | % VOTING RIGHTS / SHARE
CAPITAL BEFORE THE
ACQUISITION OR DISPOSAL | % VOTING RIGHTS / SHARE
CAPITAL AFTER THE
ACQUISITION OR DISPOSAL |
| ORDINARY SHARE
LISTED | 2.517.593 | 4.41% | 0% |
| COMPLETED: ECM CSE ☑ OTHER MARKET**
……………………………………… | | | |
| Refers:
BUY ☐
SELL ☑
PRICE PER SECURITY: EURO. 0.241
COMPOSED OUTSIDE THE STOCKEXCHANGE
(Over the Counter – OTC) ☑ | | | |
| IF OTHER REASON DETERMINE :
……………………………………………………………………………………………………… | | | |
- The name refers to the registered owner or the beneficiary of the securities (natural or legal person), even if he is not entitled to exercise voting rights, as well as the natural person entitled to exercise voting rights on behalf of the beneficiary.
** Where applicable, the chain of related undertakings through which the acquirer or disposer holds the voting rights.
*** To clarify whether the security to which the issuer refers is listed or not on the CSE, e.g. if he has listed on the CSE preference shares or shares of another Class or Bonds and proceeds to a transaction of ordinary (with voting rights) non-listed shares, he should also complete this form.
***Indicate the market in which the transaction was completed in case of parallel listing.
I declare that, to the best of my knowledge, all the above information is correct and true.
Signature
23/12/2025
Date
Note: This Declaration:
(a) concerns issuers that have listed their securities on the Emerging Companies Market (ECM) of the Cyprus Stock Exchange or on another market in case of parallel listing (the obligation to announce also applies in the case of a share of a listed issuer that is not listed on the CSE, e.g. if it has preference shares or shares of another Class or Bonds listed on the CSE and proceeds to a transaction of ordinary (with voting rights) non-listed shares, it must also proceed to the completion of this form).
(b) Should be notified by the acquirer or the disposer to the issuer of the ECM Market, within two working days of the acquisition or disposal of the shares.
(c) It is provided that in this case the issuer must immediately and without undue delay transmit this information to the CSE for publication with a relevant announcement through the CSE's Announcement System, known as OAM
Annex 27 (TO BE COMPLETED BY THE REAL BENEFICIARY AND SENT TO THE COMPANY)
NOTICE OF ACQUISITION OR DISPOSAL OF A SIGNIFICANT HOLDING BY THE ACQUIRER OR DISPOSER PURSUANT TO PARAGRAPH 5.3.7.2
| NAME of the ACQUIRER OR DISPOSER: *
AFFILIATED COMPANIES :
PHOTIADES ESTATES LTD | | | |
| --- | --- | --- | --- |
| NAME of the ISSUER:
UNIVERSAL GOLF ENTERPRISES | | TRANSACTION DATE:
23/12/2025 | |
| DESCRIPTION OF
THE TITLE: | NUMBER OF
SECURITIES: | % VOTING RIGHTS / SHARE
CAPITAL BEFORE THE
ACQUISITION OR DISPOSAL | % VOTING RIGHTS / SHARE
CAPITAL AFTER THE
ACQUISITION OR DISPOSAL |
| | 34.608.026 | 0% | 60.66% |
| COMPLETED: ECM CSE ☑ OTHER MARKET**
Refers: BUY ☑ PRICE PER SECURITY: EURO. 0.241.
SELL ☐
COMPOSED OUTSIDE THE STOCKEXCHANGE
(Over the Counter – OTC) ☑ | | | |
| IF OTHER REASON DETERMINE:
_______ | | | |
- The name refers to the registered owner or the beneficiary of the securities (natural or legal person), even if he is not entitled to exercise voting rights, as well as the natural person entitled to exercise voting rights on behalf of the beneficiary.
** Where applicable, the chain of related undertakings through which the acquirer or disposer holds the voting rights.
*** To clarify whether the security to which the issuer refers is listed or not on the CSE, e.g. if he has listed on the CSE preference shares or shares of another Class or Bonds and proceeds to a transaction of ordinary (with voting rights) non-listed shares, he should also complete this form.
***Indicate the market in which the transaction was completed in case of parallel listing.
I declare that, to the best of my knowledge, all the above information is correct and true.
Signature: _______
Date: 23/12/2025
Note: This Declaration:
(a) concerns issuers that have listed their securities on the Emerging Companies Market (ECM) of the Cyprus Stock Exchange or on another market in case of parallel listing (the obligation to announce also applies in the case of a share of a listed issuer that is not listed on the CSE, e.g. if it has preference shares or shares of another Class or Bonds listed on the CSE and proceeds to a transaction of ordinary (with voting rights) non-listed shares, it must also proceed to the completion of this form).
(b) Should be notified by the acquirer or the disposer to the issuer of the ECM Market, within two working days of the acquisition or disposal of the shares,
(c) It is provided that in this case the issuer must immediately and without undue delay transmit this information to the CSE for publication with a relevant announcement through the CSE's Announcement System, known as OAM