ANDROMEDA Investment Trust new shares issuance price set at €6,37
ANDROMEDA Investment Trust new shares issuance price set at €6,37

ANDROMEDA Investment Trust new shares issuance price set at €6,37

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RE+D magazine
31.10.2024

ANDROMEDA Investment Trust S.A. announced the following with respect to the issue price of the new shares to be issued as a result of the re-investment of the dividend from previous year’s profits with a corresponding share capital increase:

The Company’s Board of Directors at its meeting dated 11.09.2024 determined that the issue price of the shares will be equal to the average of the first five daily VWAP-Volume Weighted Average Price of the selection period (i.e. from 23.10.2024 to 30.10.2024 inclusive), reduced by 1% (discount percentage), as already been announced.

In accordance with the aforementioned calculation and on the basis of the volume weighted average price of the share from 23.10.2024 to 30.10.2024 (inclusive), the issue price of the new shares is € 6.37.