Trastor's new shares listed in the ATHEX
Trastor's new shares listed in the ATHEX

Trastor's new shares listed in the ATHEX

The share capital of the Company amounts to a total of €102,588,769.00 divided into 205,177,538 common, registered, with voting rights, shares with a nominal value of €0.50 each.
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RE+D magazine
24.01.2024

On Wednesday, January 24, Trastor's new shares resulting from the increase of its share capital will begin trading on the Regulated Market of the Athens Stock Exchange.

The company with the trade name "TRASTOR REAL ESTATE INVESTMENT COMPANY" (hereinafter the "Company") announced that: 

(a) on Wednesday, 24.01.2024, it will commence the trading in the Regulated Market of the Athens Exchange of the 52,816,895 new common dematerialized registered with voting rights shares of the Company with a nominal value of €0.50 each, which were issued at a price of €1.42 each (hereinafter the "New Shares"), resulting from the increase of the Company's share capital by payment in cash and with pre-emption right in favour of the existing shareholders (hereinafter the "Rights’ Issue"), as decided by the Board of Directors of the Company at its meeting on 14.12.2023, pursuant to the authorization granted to it by the resolution of the Extraordinary General Meeting of the Company's shareholders dated 17.11.2023, and 

(b) Athens Exchange Listings and Market Operations Committee approved the admission to trading of the New Shares at its meeting held on 23.01.2024. 

By the resolution of the Board of Directors of the Company dated 18.01.2024, the full and timely payment of the amount of the aforementioned Rights’ Issue was certified. 

Following the aforesaid, the share capital of the Company amounts to a total of €102,588,769.00 divided into 205,177,538 common, registered, with voting rights, shares with a nominal value of €0.50 each. The New Shares resulting from the Rights’ Issue will be credited to the share accounts and the securities accounts of the beneficiaries in the Dematerialized Securities System (D.S.S.) on the date of commencement of their trading. 

The total net funds raised through the Rights’ Issue of €74,301 thousands, after deducting estimated issue costs of approximately €699.0 thousands (including VAT), will be allocated in accordance with the provisions set out in section 4.1.2 "Reasons for the Rights’ Issue and use of proceeds" of the Prospectus of the Company, approved at the meeting of the Board of Directors of the Hellenic Capital Markets Commission held on 21.12.2023. For further information, investors may contact the Company's offices at 5, Chimarras Street, P.C. 151 25 Maroussi, during working days and hours, tel.: 210 69 100 16 (contact person: Mr. Costas Giannikopoulos).