04 Aug 2026
Trastor: shareholders approve €73M capital increase
- RE+D Magazine
The General Meeting of shareholders approved, among other matters, an increase in the company’s share capital by €72,873.50 through the capitalization of a reserve, as part of the incentive programme granted to the Chief Executive Officer.
The decision implements two previous General Meeting approvals, dated 28 March 2025 and 20 March 2026, which provided for the free allocation of new shares to the CEO in accordance with the provisions of Article 114 of Law 4548/2018.
Specifically, the transaction involves the issuance of a total of 145,747 new ordinary registered shares, each with a nominal value of €0.50. These comprise:
- 73,530 shares corresponding to the resolution of the General Meeting in 2025;
- 72,217 shares corresponding to the respective resolution in 2026.
The share capital increase will be carried out through the capitalization of the distributable reserve titled “Short-Term Incentive Programme Reserve”, without any contribution of new funds by the beneficiary.
At the same time, the General Meeting ratified the relevant authorizations granted to the Board of Directors, enabling it to undertake all necessary actions for the completion of the process.
According to the resolution, the capitalization of the reserve and completion of the share capital increase will take place within four months from the registration of the relevant decision with the General Commercial Registry (GEMI).
The company clarifies that, pursuant to Article 20(5) of Law 4548/2018, no subsequent certification of payment of the capital increase is required, as the increase is effected through the capitalization of an existing reserve.