OR PREMIA It successfully completed the share capital increase of EUR 40 million, through the issue of 30,769,230 young people shares At € 1.30 per share, with the exclusive coordinator of Optima Bank.
In particular, EUR 34.5 million (26,529,998 shares) were allocated through private placement to existing key and new shareholders, while € 5.5 million (EUR 4,239,232) were allocated through public bid.
Overall demand has significantly exceeded expectations, reaching 60.3 million euro overpowering to pump amount by 1.5 times.
One of the targets set by the administration from the outset for this share capital increase was to boost the share basis and the free dissemination of the stock. In this context, in order to facilitate the involvement of the investment public, it was decided to provide fewer shares through private placement and to increase the number of shares through public bids. The significant demand recorded led to over -cover of the amount of public offer by 4.1 times.
The overall percentage of the investment public with less than 5% (free-float) in the share capital of Premia Properties has been significantly reinforced and is now stood at 22% (from 17%). It is noted that in the shareholding of the Premia, high -rational investors entered, confirming their confidence in the company and its strategic plan such as ANIKA SA (Sklavenitis family), which is involved with 1.8%, GFI Ltd (Yiannis Antetokounbos) with 2%and 2%.
The Chairman of the Board of Directors of Premia Properties and main shareholder of Sterner Stenhus Holding Elias Georgiadis He said: “We have successfully completed Premia’s share capital increase, an ambitious goal, and we are very happy. I would like to thank the existing shareholders who consistently support the company, the new Anchor Investors, and in particular the Sklavenitis family, Yiannis Antetokounbos and George Daskalakis for their confidence, but also to thank their 1,657 -friendly investors. We are proud of what we have done so far and will do our best to continue the excellent course of Premia and to look worthy of the trust and expectations of all our shareholders. ”
Premia Properties CEO Costas Markazos He said: “The particularly successful completion of the increase is a recognition of our efforts so far and confirms the confidence of investors in our long -term planning. The PREMIA reinforced with new capital and an expanded shareholder base will focus on continuing the growth course of recent years to improve its profitability and, through its further strengthening of its portfolio, to form total investments at the end of the year at € 650 million. I would like to thank the Optima Bank Consultant and Coordinator for her decisive contribution to this enormous success, Plain Pantelakis Stock Exchange and the Potamitis-Vekris Law Firm. I would also like to thank the Premia employees for their continued dedication to the values and vision of the company. “