TRADE ESTATES (hereinafter the “Company”) hereby informs the investing public that the Company’s Board of Directors, at its meeting on April 8, 2026, and pursuant to the express authorization of the Annual General Meeting of Shareholders held on June 14, 2024, decided, among other matters, to increase the Company’s share capital by €990,113.60 through the capitalization of an equivalent portion of distributable reserves and the issuance of 618,821 new registered shares with a par value of €1.60 per share.
Pursuant to this resolution, 618,821 new, common, registered shares with a par value of €1.60 each were issued, which will be distributed free of charge to executive members of the Board of Directors, senior executives holding positions of responsibility, and associates providing services to the Company on a regular basis, in accordance with Article 114 of Law 4548/2018, as currently in force.
It should be noted that the Company’s shareholders did not have preemptive rights in this share capital increase, as it was carried out through the capitalization of the aforementioned reserve and in accordance with the provisions of Article 27(2) of Law 4548/2018, and furthermore, no subsequent certification of payment for the increase is required pursuant to Article 20(5) of Law 4548/2018.
No prospectus was required for the issuance of the aforementioned shares, as it falls under the exemption of Article 1(5)(h) of Regulation (EU) 2017/1129.
The 618,821 new shares issued represent 0.51% of the number of shares of the same class already listed for trading on the Euronext Athens stock exchange.
Following the above share capital increase, the Company’s share capital will now amount to €194,801,380.80, divided into 121,750,863 registered shares with a par value of €1.60 per share.
On May 13, 2026, the decision of the Companies Directorate, Department of Companies, the decision with ref. no. 4091404 AP/May 13, 2026, of the Directorate of Companies, Listed S.A. Department, of the General Secretariat of Commerce, General Directorate of Market & Consumer Protection of the Ministry of Development, approving the amendment of Article 5 of the Company’s Articles of Association as a result of the aforementioned share capital increase.
On May 21, 2026, the Euronext Athens stock exchange approved the listing of the aforementioned new bonus shares for trading on the Exchange.
The Company’s new shares will be tradable on the Euronext Athens stock exchange as of May 25, 2026, while their opening price on the Euronext Athens stock exchange will be determined in accordance with the Euronext Athens Regulations, in conjunction with Decision No. 26 of the Board of Directors of the Euronext Athens stock exchange, as currently in force, and the new shares will be credited to the beneficiary’s account in the Dematerialized Securities System (DSS).