Kifissia, April 8th, 2021
ANNOUNCEMENT OF IMPORTANT FACT
The societe anonyme trading under the name 'ELLAKTOR SOCIETE ANONYME' with the distinctive title 'ELLAKTOR S.A.' (the 'Company'), informs the investment community that on April 7th 2021 the Company's Board of Directors received a letter from the shareholder Reggeborgh Invest B.V. ("Reggeborgh") which notifies the Board of Directors of Reggeborgh's intention to participate in the issuance of the new Bond Loan of AKTOR S.A. and its commitment to participate in the upcoming share capital increase of ELLAKTOR S.A.
In specific, Reggeborgh declares the following:
Is willing to participate in the Bond Loan to be issued by AKTOR S.A. as a bondholder, for the total amount of €50 million, subject to the approval of the share capital increase of ELLAKTOR S.A. by the upcoming Extraordinary General Meeting that will take place on April 22, 2021. The repayment of this Bond Loan will take place at completion of the share capital increase of ELLAKTOR S.A., with €100m of proceeds being directed towards a share capital increase of AKTOR S.A., as announced by the Board of Directors.
Commits to participate in the upcoming share capital increase of ELLAKTOR S.A. exercising its preemption rights in full, as those derive from the current share register. At the same time, and in the event that shareholders do not exercise their rights in full, Reggeborgh will request from the Board of Directors to purchase additional shares arising from any shareholder rights not exercised, in accordance with the procedure set out in the share capital increase prospectus. Reggeborgh's participation in the share capital increase will be through (a) exercising its preemptive rights and (b) take up of shareholder rights not exercised by shareholders, up to €50m in total.
In the event that all shareholders exercise their preemption rights in full Reggeborgh will not take on additional participation.
The above intention/commitment does not prevent Reggeborgh from acquiring additional shares and/or to participate in the trading of rights, in the future, if and when these transactions are deemed to be in line with Reggeborgh's investment philosophy.
In parallel, Reggeborgh Invest B.V. requested from the Board of Directors to (a) disclose their intention/commitments to the investment public, and (b) that these undertakings are included in the prospectus for the share capital increase of ELLAKTOR S.A.
The Board of Directors
Ellaktor SA published this content on 08 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 April 2021 12:21:02 UTC.