Third (3rd) Interest Period of the Common Bond Loan 2022
In accordance with the terms of the Common Bond Loan dated 29.06.2022 (“the Common Bond Loan” or “the CBL”), as decided by LAMDA DEVELOPMENT S.A. (“the Company”) Board of Directors, the record date for the beneficiaries of interest for the Third (3rd) Interest Period from 12.07.2023 until 12.01.2024 is set on Thursday January 11, 2024.
The date on which the bonds will trade without the third (3rd) coupon (ex-coupon date) is Wednesday January 10, 2024.
The gross interest amount for the Third (3rd) Interest Period is €5,525,111.11 equivalent to €24.0222222222 per each bond of €1,000 nominal value, which has been calculated at an annual interest rate of 4.70% (before tax) and corresponds to 230,000 bonds currently tradable on the organized market of the Athens Exchange.
The payment of the accrued interest to the bondholders will take place though the “HELLENIC CENTRAL SECURITIES DEPOSITARY S.A.” (ATHEXCSD) on Friday January 12, 2024, as follows:
- Through the operators of the beneficiaries in the Dematerialized Security System (D.S.S.) (Banks and Securities firms) for the bondholders that have authorized their operators for the collection, according to the D.S.S. Operations Regulation and the ATHEXCSD relevant resolutions.
- Especially in cases of interest payments to heirs of deceased beneficiaries whose titles are kept in the Special Account of their Share in D.S.S., under the management of ATHEXCSD according to Article 15 of the D.S.S. Operations Regulation, the payment of the interest to the legal heirs will be made a) through ATHEXCSD within one (1) year from the date of payment of interest, and b) through a cash deposit in the Consignment Deposits and Loans Fund (TPD) after the lapse of one (1) year.
It is hereby noted that in accordance with current legislation, the right to collect interest amount expires, if not collected within the time limit of five (5) years, and any relevant amount shall be reimbursed to the Hellenic Republic.