The public limited company under the name “ELVALHALCOR” announces that, as part of the implementation of the program for the free allocation of shares to executive members of the Board of Directors, General Managers, and other senior or executive management personnel and employees of the Company and its affiliated companies, on June 11, 2026, the Company distributed, free of charge through over-the-counter transfers, a total of 287,605 of the Company’s own common registered shares to twenty-two (22) executives of the Company and its affiliated companies within the meaning of Article 32 of Law 4308/2014 (“Beneficiaries”), due to the achievement of targets for the fiscal year 2025.
The total value of the aforementioned shares amounted to €1,357,495.60, based on the closing price of €4.72 per share of the Company on June 11, 2026.
Of the total of twenty-two (22) Beneficiaries, the following five (5) Beneficiaries, who as of the above date fall under Article 19(1) of Regulation (EU) No. 596/2014, acquired a total of 119,577 shares (out of the total 287,605 shares mentioned above), as detailed in the table below:
The aforementioned shares were acquired under the Company’s share buyback program, which was approved by a resolution of the Company’s Ordinary General Meeting of Shareholders held on May 23, 2024.
The shares distributed to the Beneficiaries are subject to a lock-up period of three (3) years starting on January 1, 2026, i.e., until December 31, 2028.
Following the aforementioned allocation, as of June 11, 2026, the Company held a total of 565,430 treasury shares, representing 0.1507% of its total shares.