Feb 28 β€’ 10:19 UTC πŸ‡¬πŸ‡· Greece Naftemporiki

Trastor Property Investments: Towards a capital increase of up to 150 million.

Trastor Property Investments is planning a capital increase of up to 150 million euros, which will be proposed at the annual general meeting on March 20, 2026.

Trastor Property Investments S.A. is entering a new phase of development with plans for a capital increase of up to 150 million euros, set to be presented for approval at the annual general meeting on March 20, 2026. This move marks a significant step as the company revises its earlier decision to increase capital by 120 million euros last year, which was not executed. The main goals behind this capital increase include funding its investment program, enhancing the liquidity of its shares, and complying with the minimum free float requirements of the Athens Stock Exchange.

The proposed increase will occur through the waiver of existing shareholders' rights, involving a public offering in Greece and a private placement targeted at institutional and specialized investors abroad. This strategic decision aims to attract new investments while ensuring that Trastor meets regulatory requirements and boosts shareholder participation. Piraeus Bank, which currently holds approximately 98.6% of Trastor, is expected to retain a significant share post-completion of this capital increase.

As the real estate market continues to evolve, Trastor's move to raise capital signifies a proactive approach to leverage its growth strategy. By reallocating funds towards investment opportunities and strengthening its market position, Trastor aims to enhance its overall performance and shareholder value in the upcoming years. This capital increase could potentially lead to greater competitiveness in the sector as Trastor continues to expand its portfolio and operations in the Greek market.

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