The public limited company under the name “ALPHA TRUST – ANDROMEDA Public Limited Portfolio Investment Company” announces to the investing public that its Annual General Meeting of Shareholders, held on April 21, 2026, resolved to distribute a dividend to eligible shareholders in the amount of 1.273,717.15 from the profits of the 2025 fiscal year and €219,948.45 from retained earnings, for a total distributable amount of €1,493,665.60, which corresponds to €0.40 per share.
It should be noted that the above distribution amount per share will be increased by the amount corresponding to the treasury shares held by the Company on the cut-off date, i.e., May 25, 2026, given that treasury shares are not entitled to dividends.
The Company will issue a further announcement to inform investors of the above amount per share, increased by the amount corresponding to the treasury shares. This dividend amount will not be subject to withholding tax, pursuant to Article 46 of Law 4172/2013, as amended.
The Extraordinary General Meeting of the Company’s shareholders, by its resolution dated July 26, 2023, approved the establishment of a five-year dividend reinvestment program (2023–2028) (hereinafter referred to as the “Program” for brevity), unanimously decided on the general terms of its implementation, and authorized the Board of Directors to determine the specific terms on an annual basis.
Specifically, in execution and application of the general terms of the Program established by the Extraordinary General Meeting of Shareholders of the Company on July 26, 2023, the Board of Directors, by its resolution dated April 21, 2026, approved an extraordinary increase in the Company’s share capital up to the amount of 629,681.68 euros, through the issuance of up to 183,047 common, registered voting shares, each with a par value of three euros and forty-four cents (€3.44), and an issue price equal to the average of the first five (5) daily volume-weighted average share prices (VWAP) during the exercise period of the reinvestment right for the distribution of dividends from the profits of the 2025 fiscal year and prior fiscal years (i.e., from May 27, 2026, through June 3, 2026), reduced by 1% (discount rate), rounded to the nearest second decimal place.
The increase will be made exclusively in favor of existing shareholders registered in the Euronext Securities Athens Central Securities Depository (CSD) as of the record date for the distribution of dividends from the profits of fiscal year 2025 and prior fiscal years, namely May 26, 2026, and to the extent that shareholders so choose, at their discretion.
Specifically, the aforementioned extraordinary increase in the Company’s share capital will be effected by offsetting all or part of the claim of shareholders entitled to reinvestment, under the Program, against the payment of dividends for the fiscal year 2025 and prior fiscal years, in accordance with Article 20 of Law 4548/2018.
The right to choose, whether to exercise the right to reinvest the dividend from the distribution of profits for the fiscal year 2025 and prior fiscal years to which they are entitled, or to receive the dividend in cash, or to combine the two aforementioned methods of receiving said dividend, shall be exercised by shareholders entitled to participate in the Program within a period of fourteen (14) days from the day following the record date, i.e., from May 27, 2026, to June 9, 2026 (subscription deadline) by submitting a relevant declaration to the Participants in the Dematerialized Securities System (Banks and Brokerage Firms).
The number of new shares of the Company that the eligible shareholder may receive will be determined by dividing the amount of the dividend, which the shareholder may, at their discretion, declare they wish to reinvest in the Company, by the offering price of the new shares.
If this division results in a fractional number, it must be rounded down to the next lower whole number, which will also be the number of new shares of the Company that the shareholder may receive under the Program. Any remaining dividend amount will be paid to the shareholder in cash on the dividend payment date, i.e., June 19, 2026.
Finally, it is clarified that shareholders who do not exercise, either in whole or in part, their right to reinvest the dividend from the distribution of profits for the fiscal year 2025 and prior fiscal years into shares of the Company and, consequently, do not participate in the aforementioned share capital increase, either in whole or in part, will receive the total or the remaining (respectively) of the dividend to which they are entitled in cash. A shareholder of the Company who does not hold the required number of shares to acquire at least 1 new share of the Company will not be entitled to participate in the Program and will receive the total amount corresponding to the dividend exclusively in cash.
In the event of partial subscription to the Company’s share capital increase, the new shares of the Company that are not subscribed by eligible shareholders will not be offered to third parties nor to other shareholders; instead, the Company’s share capital will be increased up to the amount of the subscription in accordance with Article 28 of Law 4548/2018, and the Company’s Board of Directors will amend Article 5 (entitled “Share Capital – Capital Increase – Preemptive Right”) of the Company’s Articles of Association, specifying the amount of capital resulting from the partial coverage of the share capital increase.
The beneficiaries of the dividend and the right to reinvest said amount, as mentioned above, are the Company’s shareholders who will be registered in the records of the Dematerialized Securities System on Tuesday, May 26, 2026 (record date).
Starting Monday, May 25, 2026 (cut-off date), the Company’s shares will trade on Euronext Athens without the right to the dividend from the 2025 fiscal year and prior fiscal years and without the right to reinvest it.
Payment will begin on Friday, June 19, 2026, and will be made through Piraeus Bank in the following ways: