Press Release

Press Release 17.12.2019

Following the Company's announcement of the successful €650 million Full Coverage of the Share Capital Increase, Mr. Odisseas Athanasiou, CEO of Lamda Development, stated:

"We are very proud of the successful completion of the largest non-financial Share Capital Increase that has taken place in Greece over the last decade.

We would like to thank every shareholder for believing in us and the visionary Hellinikon Project.

This trust led to the oversubscription of SCI by 58 million and to a € 708m investor offering.

Today is a historic day for Lamda Development as the Company, with the trading of the new shares, will have capitalization and Net Asset Value above € 1bn."