26 Mar 2026
Premia Properties aligns staff incentives through treasury share allocation
- RE+D Magazine
PREMIA REIC proceeded with the gratuitous allocation of its own shares to its employees and executives, following a decision of its Board of Directors on 26 February 2026, thereby strengthening its employee incentive and participation programs in the company’s development.
PREMIA REIC executed a gratuitous allocation of 555,932 treasury shares to its employees and executives via over-the-counter transfers, without any holding requirement, following a decision by its Board of Directors on 26 February 2026. The allocation was structured in three phases, based on the average acquisition price of the shares on different dates in March.
In the first phase, 70,339 shares were allocated, valued at €93,832.22, at a reference price of €1.3340 per share. The second phase involved 227,121 shares, valued at €297,074.27, at a reference price of €1.3080 per share; two shares, valued at €2.60, were returned due to an inadvertent allocation. In the third phase, 258,474 shares were distributed, totaling €341,185.68, at a reference price of €1.3200 per share.
The allocated shares were originally acquired at an average cost of €1.3448 per share, illustrating the company’s strategic use of its treasury stock to incentivize and retain talent.
Following the transaction, PREMIA REIC retains 604,658 treasury shares, representing 0.478% of the company’s total share capital. The program reinforces corporate governance and aligns the interests of management and employees with those of shareholders, reflecting a best-practice approach increasingly adopted by listed companies in the Greek market.