
Attica Group is moving at the pace of share offerings to the investing public by Strix Holdings, with the aim of complying with the new Athens Exchange regulations regarding the criteria for free float. Against this backdrop, a roadshow will reportedly be held in London in early February to present the group's prospects to investors. The aim is to place large funds and strong international players in the placement.
THE ROLE OF UBS AND THE INVESTORS
The same sources say that UBS has organised the roadshow, where Attica Group will be seen by at least 30 investor clients of UBS, Euroxx and Piraeus Financial, who are co-organising the event. The placement is expected to take place in April at the latest, but Attica Group's management is already moving proactively to oversubscribe.
THE CONDITIONS
Market players believe that the conditions are ideal as the shipping and cruise industry, and maritime transport in general, is on the radar of international funds. All the more so for a company that operates in Greece and caters to the needs of millions of tourists, now that the tourism sector is setting new records in terms of receipts and arrivals.
ON THE BOARD
Moreover, according to recent reports by stock market analysts, stocks directly or indirectly involved in tourism (El. Venizelos, Autohellas, Aegean) are expected to continue their upward trend, as the prospects for the sector are promising. This is why they are attracting the attention of investors despite the intense competition in the sector.