
“Piraeus Bank S.A.” and “Euroxx Securities S.A.” as Joint Coordinators and Bookrunners and Issue Advisors and “Eurobank S.A.” as Joint Coordinator and Bookrunner of the public offering of the new ordinary, dematerialised, registered, voting shares of “ALTER EGO MEDIA S.A.” (“Company”) issued in the context of its share capital increase by payment in cash and abolition of the pre-emption right of existing shareholders (“Increase“), through a public offering (“Public Offering“) pursuant to the decision of the Company’s Board of Directors dated 09.1.2025 (“Board of Directors” or “BoD“) following the authorization granted to this effect by the decision of the Extraordinary Unsolicited General Meeting of the Company’s shareholders dated 24.10.2024, following the announcements made on Friday 17.01.2025 and on Wednesday 22.01.2025, announce the following:
On Wednesday 22.01.2025, the Public Offering and the allocation of 14,249,000 new ordinary, registered, dematerialised, voting shares of the Company (“New Shares“) were successfully completed.
Pursuant to the decision of the Company’s Board of Directors dated 22.01.2025, the offering price of the New Shares (“Offering Price”) was determined at €4.00 per New Share for the Public Offering (Qualified and Retail Investors).
The total proceeds of the Increase, before deducting the issuance expenses, amount to €56,996,000 (i.e. €4.00*14,249,000 New Shares).
The total valid demand at the Offering Price of €4.00 amounted to 169,202,486 New Shares (i.e. €676,809,944), oversubscribing the 14,249,000 New Shares that were offered through the Public Offering, by approximately 11.9 times.
Considering valid subscriptions at the Offering Price only, the 14,249,000 New Shares offered through the Public Offering were allocated as follows:
- 9,261,850 New Shares (65% of the totality of the Public Offering) were allocated to Retail Investors, out of a total number of 59,672,736 New Shares for which valid demand was expressed in this investor category (i.e., it was satisfied 15,5% of the expressed demand in this investor category through 9.728 investors), and
- 4,987,150 New Shares (35% of the totality of the Public Offering) were allocated to Qualified Investors, out of a total number of 109,529,750 shares for which valid demand was expressed in this investor category (i.e. it was satisfied 6% of the demand expressed in this investor category at the Offering Price through 127 investors).
In accordance with the underwriting agreement between the Joint Coordinators and Bookrunners, the Lead Underwriters and the Underwriters and the Company, the Joint Coordinators and Bookrunners, the Lead Underwriters and the Underwriters did not undertake any commitment to subscribe for any unsubscribed New Shares. Furthermore, it is noted that the Joint Coordinators and Bookrunners and the Lead Underwriters did not submit subscription applications in the Public Offering for own account, with the exception of Underwriters Optima bank and Attica bank who assumed on own account in the Public Offering 2.775 and 10.408 New Shares respectively, and Joint Coordinator and Bookrunner and Issue Advisor “EUROXX Securities S.A.” who assumed on own account in the Public Offering 57,314 due to a failed trade.
Source: tovima.com


Latest News

Istanbul Earthquake – Greek Prof. Concerned Major Quake Yet to Strike
Responding to concerns over whether a potential major quake in Istanbul could affect Greece, Papazachos was reassuring: “The fault extends as far as Lemnos and the Northern Sporades, but it doesn’t rupture all at once. An earthquake in Istanbul doesn’t have the capacity to directly affect Greek territory.”

Greece 4th Most Popular Summer Destination for Europeans
Southern Europe remains the top choice for Europeans at 41%, though down 8% from last year, likely due to rising temperatures and climate concerns.

Easter Sales Performance and the Source of €4–5 Million in Losses
Easter retail sales were relatively weak this year, with the only "real winners" being the livestock farmers who had lambs to sell.

Hotel Foreclosures Continue to Plague Greece’s Islands
A surge in hotel foreclosures across Greece’s islands threatens small tourism businesses, despite booming visitor numbers and record-breaking travel in 2024.

Athens Launches Task Force to Safeguard Historic City Center
The new municipal unit will ensure compliance to zoning laws, curb noise, and address tourist rental issues starting from the Plaka district.

WTTC: Travel & Tourism to Create 4.5M New Jobs in EU by 2035
This year, international visitor spending is set to reach 573 billion euros, up by more than 11% year-on-year

IMF: US Tariffs Shake Global Economy, Outlook Downbeat
IMF slashes global growth forecast to 2.8% as U.S. tariffs create uncertainty and ‘negative supply shock

First Step Towards New Audiovisual Industry Hub in Drama
The project is set to contribute to the further development of Greece’s film industry and establish Drama as an audiovisual hub in the region

Airbnb Greece – Initial CoS Ruling Deems Tax Circular Unlawful
The case reached the Council of State following annulment applications filed by the Panhellenic Federation of Property Owners (POMIDA)

Mitsotakis Unveils €1 Billion Plan for Housing, Pensioners, Public investments
Greek Prime Minister Kyriakos Mitsotakis has announced a new set of economic support measures, worth 1 billion euros, aiming to provide financial relief to citizens.