ADMIE issued an announcement regarding the progress of the share capital increase.
It should be noted that the books for both the international and domestic offerings close today at 4:00 p.m.
The listed company reports significant oversubscription and notes that:
• Given the strong demand expressed during the book-building process through June 17, 2026, bids below €4.05 per New Share will most likely not be considered for allocation purposes.
• As initially announced, the target size of the offering is expected to amount to €530,000,000.
• Orders received through June 17, 2026, represent demand that is a multiple of the number of New Shares available at the above price and for this offering size.
The Company will duly inform all investors of any material developments regarding the Combined Offering process, the announcement concludes.
It is noted that the maximum offering price for the new shares has been set at 4.17 euros.
• Shareholders who held shares in the company as of the record date of June 15—that is, those who held ADMIE shares at the close of trading last Thursday— will receive preferential treatment in the allocation so that they retain at least the same percentage of ownership in the company after the completion of the combined offering and capital increase.
• The preferential allocation mechanism will apply exclusively to shares in the Greek public offering.
• If the subscriptions by investors with priority rights in the public offering exceed the number of new shares initially allocated to it, the number of shares to be offered in the public offering will be increased accordingly, while the number of shares allocated to the international offering will be reduced correspondingly, in order to fully satisfy the subscriptions of these investors under the preferential allocation.
• Existing shareholders as of the record date who have submitted subscriptions for both the public offering in Greece and the international offering will not be entitled to a preferential allocation.
• Capital World Investors, the investment arm of Capital Group, has committed to participating in the capital increase as a cornerstone investor with an amount of 70 million euros.
The final offering price is expected to be set on June 18 or 19, while trading of the new shares is scheduled to begin on June 24.