As stated in the announcement to the Athens Stock Exchange, as a result of the total declared dividend amounting to €5,998,367.68 from the 2024 fiscal year profits, an amount of €2,119,723.33 will be distributed to the entitled shareholders in cash, while 1,521,037 new shares will be issued in respect of the remaining dividend amounting to €3,878,644.35.
The proceeds raised will be utilized for the repayment of part of the Company's existing debt.
Specifically, the Company’s share capital has been increased by €3,194,177.70 through the issuance of 1,521,037 new common, dematerialized, registered shares with voting rights, each with a nominal value of €2.10 and an issue price of €2.55 per share. The difference between the nominal value of the new shares and their issue price, amounting to €684,466.65 in total, will be credited to the “Share Premium” account.
The new shares will be issued on 29.05.2025, coinciding with the dividend payment date.
