April 03, 2023

Cyprus Stock Exchange

Nicosia

ANNOUNCEMENT

Subject: The Board of Directors of Ellinas Finance Public Company Ltd (the «Company») has decided to proceed with the third tranche issue of the Series D Bond and disperse of 278 Bonds of the Company, for the total value of €278,000

The Board of Directors of the Company at its meeting and following the decision of January 18, 2023 decided the following:

1. Issue of the third tranche of the Series D Bond and disperse of 278 non-convertibles, redeemable, non-secured5-year Bonds with total value of €278,000 under the terms and conditions of the relevant Trust Deed (the «Bond»), dated January 13, 2023, aiming to increase the Company's capital.

The Bond has the following characteristics:

  • Issue amount of third tranche: €278,000
  • Type of Bond: Non-convertible, redeemable
  • Annual Interest rate: 5%
  • Duration: 5 years
  • Number of Bonds: 278
  • Nominal value: €1,000 per unit
  • Date of issue: March 31, 2023
  • Expiry date: January 17, 2028
  • Interest Payment: on an annual basis on January 17

The offer of the Bonds was addressed to a limited number of persons (less than 150) thought private placement at the absolute discretion of the Company's Board of Directors.

The total amount of the Series D Bond could reach up to €3,000,000 and it will be issued in tranches on a monthly basis up to March 31, 2023.

Sincerely,

Constantinos Servos,

Compliance Officer

CC.: Cyprus Securities Exchange Commission

ΘΕΟΤΟΚΗ 6, ΜΕΓΑΡΟ ΕΛΛΗΝΑ, 1ΟΣ ΟΡΟΦΟΣ, 1055 ΛΕΥΚΩΣΙΑ

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Ellinas Finance Public Company Ltd. published this content on 04 April 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 April 2023 06:46:05 UTC.