Trastor Real Estate Investment : Listing and commencement of trading of new, common, registered, dematerialized shares

TRASTOR REAL ESTATE INVESTMENT COMPANY

Listing and commencement of trading of 39,492,100 new, common, registered, with voting rights, dematerialized shares of nominal value €0.50 each of the company "TRASTOR REAL ESTATE INVESTMENT COMPANY" from the increase of its share capital due to the conversion of the bonds of a convertible bond loan facility

Further to the announcement dated 09.05.2024 of the company "TRASTOR REAL ESTATE INVESTMENT COMPANY" (hereinafter the "Company") regarding the increase of its share capital by the amount of EUR nineteen million seven hundred forty-six thousand fifty (€19,746,050) (hereinafter the "SCI"), due to the conversion of the mandatory convertible bond loan dated 02.03.2023 (hereinafter the "CBL") of an amount up to €55.0 million, with disapplication of the pre-emption rights of the existing shareholders, the said SCI:

1. was ascertained by the Board of Directors of the Company by its decision dated 26.03.2024, which on 16.04.2024 was registered within the Greek General Commercial Registry with Registration Code No. 4125087 (Prot. No. 3268095/16.04.2024), while the amendment of article 5 of the Articles of Association of the Company regarding its share capital was also registered in said Registry with the same announcement, and
2. the payment of the SCI's amount was certified by the Board of Directors of the Company by its resolution dated 23.04.2024, which on 08.05.2024 was registered within the Greek General Commercial Registry with Registration Code No. 4161287 (Prot. No. 3273786/08.05.2024).

In the context of the above, the Company announces to the investing public that:

1. Pursuant to the SCI, 39,492,100 new, common, registered, with voting, shares of nominal value of €0.50 each (hereinafter the "New Shares") were issued, which will be distributed to the sole bondholder of the CBL, Piraeus Bank,
2. It is noted that the other shareholders of the Company had no pre-emption right in the SCI, as the CBL was made available through a private placement and it was decided by the General Meeting of Shareholders of the Company held on 13.01.2023 the disapplication of the pre-emption right of the existing shareholders, in accordance with par. 1 of article 27 of Law 4548/2018, as in force, while the full subscription of the CBL was undertaken by the majority shareholder of the Company, Piraeus Bank,
3. For the issuance of the New Shares the publication of a prospectus was not required, as it falls within the exception of limb b' par. 5 of article 1 of Regulation (EU) 2017/1129, since the New Shares are of the same class as the Company's shares already traded in the Low Trading Category of the Athens Exchange Regulated Market and represent, over a period of twelve months, 19.25% of the Company's shares already listed, i.e. less than 20% of the number of shares of the same class already listed for trading on the Athens Exchange,
4. After the SCI, the share capital of the Company amounts to €122,334,819, divided into 244,669,638 dematerialized common, with voting rights, shares with a nominal value of €0.50 each,
5. The Corporate Actions Committee of the Athens Exchange, at its meeting dated 16.05.2024, approved the admission of the New Shares to trading on the Athens Exchange,
6. The New Shares resulting from the SCI will be tradable on the Athens Exchange on the next business day following the date of the approval referred to in (e) above, i.e. from 17.05.2024, while their starting price on the Athens Exchange will be determined in accordance with the Athens Exchange

Trastor R.E.I.C. 5, Chimarras str., Maroussi GR 151 25, Τ + 30 210 69 10 016, F [phone]

HCMC License No 5/266/14.3.2003 | GCR No 3548801000 | T.I.N. 099554901

Regulation, in conjunction with the decision No. 26 of the Athens Exchange, as in force, and

1. The New Shares will be credited to the beneficiary's share account and the securities account in the Dematerialized Securities System (D.S.S.) on the date of commencement of their trading.

For further information, investors may contact the Company's offices at 5, Chimarras Street, PO 151 25 Maroussi, during working days and hours (Mr. Costas Giannikopoulos, Head of Investor Relations, tel.: [phone]).

Maroussi, 16 May 2024

2