Announcement of regulated information

ANNOUNCEMENTS OF REGULATED INFORMATION – TRANSACTIONS NOTIFICATION
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Free of payment distribution of own shares in accordance with the provisions of Law 4548/2018

Maroussi, 20 December 2024

LAMDA Development S.A. (the "Company") announces, in accordance with the provisions of Law 3556/2007 and Regulation (EU) No. 596/2014, that on 18.12.2024, a total of 693,764 own, common registered shares of the Company were distributed free of payment by the Company, through Over-The-Counter transactions (OTC) to 35 executives of the Company and subsidiaries of the LAMDA Development Group (the "Beneficiaries"). The total value of the above shares amounted to approximately €5.0m, based on the closing price of €7.20 of the Company's share on 18.12.2024. These shares were transferred as a result of the Company’s executives electing to receive part or all of their Annual Bonus for the financial year 2023 in shares instead of cash.

Out of a total of 35 Beneficiaries, the following 18 Beneficiaries (listed in alphabetical order) fall under Article 19, paragraph 1 of Regulation (EU) 596/2014 on the above date:

  • ATHANASIOU ODISSEAS

  • GAVRIILIDIS THEODOROS

  • GIANNAKOPOULOS IOANNIS

  • GORITSAS CHARALAMBOS

  • ZAFOLIAS APOSTOLOS

  • KARASTOGIANNIS DIMITRIOS

  • KATSIKADIS STAVROS

  • KAPSALIS ANDREAS

  • KITSIOS DIMITRIOS

  • MAGLARA LYDIA

  • NIKOLOPOULOS CHRISTOS

  • PAIZI MELINA

  • PAPAKONSTANTINOU MARIA

  • SOURLAS IOANNIS

  • TOUZIOU ANGELIKI

  • TOUFENGOPOULOU ANASTASIA

  • TSAOUSI EIRINI

  • SAAB MARLON

and have already made the relevant notifications. 

The Performance Shares Plan was established on the basis of the recommendations of the Board of Directors dated 07.02.2023 and 31.05.2023 and the decision of the Annual General Meeting of the Company's Shareholders dated 21.06.2023 and provides for the possibility of acquiring shares instead of payment in cash of part or all of the bonus (the "Annual Bonus") by the Company's staff,  as well as the staff of affiliated companies due to the achievement of objectives or the occurrence of an event.

Following the aforesaid distribution, the Company held on 18.12.2024 a total of 2,052,735 own shares, which correspond to 1.161% of its total shares.