Ideal Holdings: Public offering for 29.92% of Attica Department Stores

The group’s subsidiary, Kymora Limited, intends to offer up to 18,000,000 shares issued by Attica to the investing public. The goal is to list the company on the stock exchange.

Ideal Holdings: Public offering for 29.92% of Attica Department Stores
Ο πρόεδρος του ΔΣ της Ideal Holdings, κ. Λάμπρος Παπακωνσταντίνου

This article is an AI translation of an original piece published in Greek. Read original

IDEAL HOLDINGS S.A. (“IDEAL” or the “Company”), following its announcement dated May 5, 2026, regarding the exploration of a potential public offering and listing of the shares of its subsidiary “ATTIKA POLYKATASTIMATA S.A.” on the Regulated Market of Euronext Athens, announces, in accordance with the applicable legal and regulatory framework, including Regulation (EU) No. 596/2014, the following:

Kymora Limited, a Cypriot company controlled by IDEAL and the sole shareholder of “ATTICA POLYKATASTIMATA ANONYMI MONOPROSOPI ETAIRIA” ("Attica"), has decided to offer to the investing public in Greece a portion of the existing shares it holds in Attica.

Specifically, Kymora Limited intends to offer up to 18,000,000 common, registered, voting shares issued by attica, corresponding to up to 29.92% of attica’s total share capital, which is currently divided into 60,161,600 common registered shares, through a public offering to private individuals and qualified investors, as well as through a parallel offering to a limited group of persons, in accordance with the applicable legal and regulatory framework (hereinafter collectively referred to as the “Offering”).

Furthermore, pursuant to a resolution of the Extraordinary General Meeting of attica’s shareholders held on June 8, 2026, the listing of all (100%) of attica’s shares for trading on the Regulated Market of Euronext Athens (“Listing”).

The Offering and the Listing are subject, among other things, subject to the approval of the relevant prospectus by the Hellenic Capital Market Commission and the approval of the application for the listing of Attica’s shares for trading on the Regulated Market of Euronext Athens.

IDEAL, Kymora Limited, and Attica, in collaboration with the transaction’s advisors and underwriters, are taking the necessary steps to complete the process and will keep the investing public informed of any material developments, in accordance with the applicable legal and regulatory framework.

This announcement does not constitute an offer to sell or a solicitation of an offer to buy securities, nor is it a recommendation or inducement to make any investment decision. Any investment decision regarding Attica’s shares should be based exclusively on the prospectus, once it is approved by the Hellenic Capital Market Commission and published in accordance with the applicable legal and regulatory framework.

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