To an increase in share capital (AMK), proceeds or IDEAL Holdings From June 11th to 13th, with the aim of raising € 48 million for future investments, according to company circles.
The AMK will be implemented with the issuance of 8,000,000 new shares with a range of € 5.8 – 6.1 euros corresponding to about 15% of today’s capitalization. It is noted that AMK had already been announced to the extraordinary General Assembly. of Ideal Holdings on September 19, 2024.
The company aims to make new investments of more than € 100 million within 18 months. Recognizing significant investment opportunities in the Greek market, Ideal Holdings are aiming, through the AMK and in conjunction with the completion of OHA’s first investment of 61.5m euros, to proceed with a total investment of more than 100m euros within the next 18 months, either through the acquisitions existing activity markets.
It also aims to attract new shareholders and expand the share basis.
At the same time, Ideal Holdings seeks, through AMK, the expansion of its equity base and attracting new investors. The AMK will be implemented by the abolition of the right to preference, however, enabling the participation to existing shareholders.
It is estimated that existing shareholders are expected to participate in AMK as they have so far gained significant profits from their investment in Ideal Holdings. And the distribution price, lower than the internal valuation, creates favorable conditions for over -disclosure of the version, coupled with the fact that new shareholders will also be entitled to a refund of € 0.30 per share.
Strong returns to investors and shareholders
Ideal Holdings has so far achieved powerful yields of 2.2X over initially invested funds as evidenced by the impressive history of two successful fabrications, totaling € 181.9m (€ 136m from Astir Vitogiannis SA and EUR 45.9m by Three Cents).
At the same time, in its consistent dividend policy, Ideal Holdings, coupled with its upcoming scheduled capital refund (€ 0.30 per share), will have returned to its shareholders a total of EUR 45 million (or 0.98 euros per share). Especially for 2025, the total reward for shareholders will amount to € 0.40 per share.
Total investments of more than 390m euros in the Greek economy within 4 years and a strong strategic partner
With a strong imprint on the Greek market and a careful investment strategy, Ideal Holdings has invested a total of € 390 million since May 2021. Today it has investments in 3 dynamic sectors (Informatics, Department stores and food) while employing a total of 3,400 employees.
The confidence of Oak Hill Advisors, a strategic international investor, with a total commitment of € 300 million, is even a particularly strong confirmation of the investment strategy and the long -term development perspective offered by Ideal Holdings.