Completion of the share capital increase of LAMDA Malls

Completion of the share capital increase of LAMDA Malls | TheGreekDeal.com

LAMDA Development

Lamda Development holds a 95.44% stake in the share capital of Lamda Malls, while the foreign subsidiary of the Lamda Group, Lamda B.V., holds a 4.56% stake.

Newsroom

15/12/23 • 19:56

TIME TO READ

1 min

Odisseas Athanasiou, Chief Executive Officer, Lamda Development

LAMDA Development announces to the investing public that the share capital increase of LAMDA Malls was completed on 14.12.2023.

In particular, the Extraordinary General Assembly of the shareholders of LAMDA Malls dated 12.12.2023 resolved on the share capital increase of LAMDA Malls in the amount of €331,000,192 with the issuance of 331,000,192 common, registered shares of a nominal value of €1 each, in favour of the Company.

Consequently, the share capital of LAMDA Malls is set in the amount of €496,029,652, divided into 496,029,652 common, registered shares of a nominal value of €1 each.

Following the completion of the aforementioned share capital increase, the Company’s participation in the share capital of LAMDA Malls is 95.44% whereas the participation of the Group’s foreign subsidiary company, LAMDA Development (NETHERLANDS) B.V. is 4.56%.