LISTING AND COMMENCEMENT OF TRADING OF THE NEW SHARES OF THE COMPANY “LAMDA DEVELOPMENT – HOLDING AND REAL ESTATE DEVELOPMENT SOCIETE ANONYME” ISSUED DUE TO THE SHARE CAPITAL INCREASE IN CASH AND USE OF THE RAISED FUNDS

 “LAMDA Development - Holding and Real Estate Development Société Anonyme” (hereinafter “the Company” or “LAMDA”) announces the commencement of trading on the Athens Exchange, as of 23.12.2019, of its 97,014,940 new common registered with voting rights shares, with a nominal value of 0.30 Euro each (hereinafter “the New Shares”), issued following the share capital increase in cash and with pre-emptive rights in favor of the existing shareholders (hereinafter “the SCI”), as it was decided by the Extraordinary General Meeting of the Company’s shareholders held on 10.10.2019 and further specified by the Company’s Board of Directors on 21.11.2019.
The Listing & Market Operation Committee of the Athens Exchange during its meeting held on 19.12.2019 approved the listing for trading of the 97.014.940 New Shares in the Athens Exchange. The New Shares will be credited to the shareholders investor shares and securities accounts held to the Dematerialised Securities System (D.S.S.) at the date of commencement of trading.
The total funds raised through the SCI, which amount to 650,000,098.00 EUR, after the payment of the issuance expenses of 10,000,000 EUR, will be used in accordance with section 4.1.2 (“Aims of the public offer and use of funds”) of the Prospectus published on 25.11.2019.
For additional information the shareholders may contact the Investor Information Department of the Company (phone number +30 210 7450600) or the Investor Information Services Division of “Eurobank Ergasias S.A.” (phone number +30 210 3522400).