Trastor's IPO has been completed
Trastor's IPO has been completed
  Listed  |  REIC

Trastor's IPO has been completed

Through the exercise of the pre-subscription right, a rate of 2.2% was covered with the payment in cash of a total amount of €1,632,721.68 which corresponds to 1,149,804 New Shares.
Share Copy Link
RE+D magazine
19.01.2024

Trastor REICs announced the coverage of the amount of the Share Capital Increase decided by the company's Board of Directors on December 14, 2023.

“TRASTOR REAL ESTATE INVESTMENT COMPANY” hereby announced to Messrs. Shareholders and the investing public that the increase of the share capital by cash payment and granting of pre-emption rights in favour of the existing shareholders, which the Board of Directors of the Company decided on 14.12.2023, by virtue of the authorization granted to it by the resolution of the Extraordinary General Meeting of the Company’s Shareholders dated 17.11.2023, 

was successfully completed and fully covered by raising funds of a total amount of €74,999,990.90 and issuing of 52,816,895 new, common, dematerialized, registered shares with voting rights, with a nominal value of €0.50 each, through the exercise of the pre-emption rights and the pre-registration rights by the existing shareholders.

For the enterprises in Accommodation Activities (division 55 of NACE Rev.2 classification), obliged to double-entry bookkeeping, for which data are available on a monthly basis, the turnover in November 2023 amounted to 186,164,893 euro, recording an increase of 21.8% in comparison with November 2022, when the respective turnover was 152,816,458 euro. 

For the enterprises in Food and Beverage Service Activities (division 56 of NACE Rev.2 classification), obliged to double-entry bookkeeping, for which data are available on a monthly basis, the turnover in November 2023 amounted to 172,975,671 euro, recording an increase of 6.9% in comparison with November 2022, when the respective turnover was 161,815,979 euro. 

In total, for the enterprises in Accommodation and Food and Beverage Service Activities (divisions 55 and 56 of NACE Rev. 2 classification), obliged to double-entry bookkeeping, for which data are available on a monthly basis, the turnover in November 2023 amounted to 359,140,564 euro, recording an increase of 14.1% in comparison with November 2022, when the respective turnover was 314,632,438 euro. 

For the Regional Units with a contribution to the total turnover of the year 2022 greater than 1.0%, the biggest increase in the turnover of November 2023 compared with November 2022 was recorded in the Regional Unit Lassithi (41.3%) and the smallest increase (0.2%) was recorded in the Regional Unit Thessaloniki.