TRASTOR announces schedule for €150M capital raise process

TRASTOR REIC announced that, following decisions of its Board of Directors on 4 and 8 May 2026, it is proceeding with a share capital increase through cash contribution and the waiver of pre-emptive rights of existing shareholders, in accordance with Article 27(4) of Law 4548/2018.

Issuance of up to 150 million new shares

The capital increase concerns the issuance of up to 150 million new ordinary registered voting shares, with a nominal value of €0.50 per share. The total nominal value of the increase may reach up to €75 million, while the company aims to raise total proceeds of up to €150 million.

The new shares will be offered through:

• a public offering in Greece to retail and qualified investors, and
• a private placement to international investors.

All new shares will be admitted to trading on the Main Market of Euronext Athens.

Maximum offer price set at €1.15

The Board has set a maximum offer price of €1.15 per new share, while retaining the ability to revise it downward or define a price range during the international book-building process.

The final offer price will be determined upon completion of the combined offering, based on investor demand recorded in the order book, and will be uniform for both Greek and international investors. The company noted that the difference between the nominal value and the final offer price will be recorded in the “share premium account”.

Minimum free float requirement

According to the announcement, if the capital increase is not fully subscribed, the share capital will be increased up to the amount actually raised, provided that the required free float is achieved. Specifically, if, after completion, a minimum free float of 15% of total shares is not secured, the entire offering will be cancelled and the combined process withdrawn.

In such a case, funds paid by investors in the Greek public offering will be refunded without interest within two business days.

Coordinating institutions

The coordinating institutions for the transaction are Piraeus Bank, Eurobank, and EUROXX Securities.

The move forms part of TRASTOR REIC’s broader strategy to strengthen its investment portfolio and pursue new opportunities in the commercial real estate and income-generating property market.