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Public Offer starts on 29/5 - Shares to be traded on 5/6 | TheGreekDeal.com
NOVAL PROPERTY
Public Offer starts on 29/5 - Shares to be traded on 5/6
The schedule for the public offering and listing of Noval Property's shares on the Athens Stock Exchange is included in the prospectus that has been published.
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Panagiotis Kapetanakos, CEO Noval Property

Noval Property has published the prospectus with the timetable for the public offer and the listing of its shares on the Athens Stock Exchange.

It states that the Public Offer starts on 29 May and ends on 31 May, while on 5 June Noval Property's shares will be traded. At the same time, in a newer announcement it also informs about the potential target market for the shares.

In detail, the announcement states that:

The company under the name "NOVAL PROPERTY ANONYMOUS REAL ESTATE INVESTMENT COMPANY" and the distinctive title "NOVAL PROPERTY" (hereinafter the "Company") announces that from 22.05.2024 it will make available to the investing public the shares approved at the meeting of 22. 05.05.2024 of the Board of Directors of the Hellenic Capital Market Commission (the "Prospectus"), which has been prepared in accordance with Regulation (EU) 2017/1129, the delegated Regulations (EU) 2019/979 and (EU) 2019/980 and the applicable provisions of Law No. 4706/2020, as amended and in force, regarding the public offer in Greece (the "Public Offer") of up to 17,388,025 new, ordinary, registered, non-material, non-voting shares of the Company with voting rights, with a nominal value of €2.50 each (the "New Shares"), to be issued in the context of the increase of the share capital of the Company by an amount of up to €43. 470,062.50, with cash payment and cancellation of the pre-emptive rights of existing shareholders, with the possibility of partial coverage (the "Increase"), and the admission, subject to the satisfaction of the criterion of sufficient dispersion (the "Admission"), of all of the Company's common, registered, non-material, non-voting shares (the "Shares") to trading on the Regulated Market of the Athens Stock Exchange (the "ASX"). A."), pursuant to the resolution of the Board of Directors (the "Board") of the Company dated 17.05.2024, in exercise of the authorization granted to it by the resolution of the Extraordinary General Meeting of the shareholders of the Company dated 04.09.2023.

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