Alpha Bank acted as issuing advisor and coordinating lead underwriter in Dimand’s Public Listing for the listing of its shares on the Athens Stock Exchange. Despite the particularly demanding situation in the Greek and international capital markets, the issue gathered lively interest from domestic and international investors active in the entire spectrum of economic activity.
Dimand’s decision to list on the Stock Exchange, taken by the company in collaboration with Alpha Bank, is, in fact, the first listing of a company on the Athens Stock Exchange, after a period of 8 years without relevant activity, and the first really large-scale introduction of a new company since 2007. Alpha Bank, as Dimand’s main banking partner, has financed pioneering urban renewal projects (Ag. Dionysios Piraeus, Moxy Omonias, Minion, Pyrgos Piraeus, West Thessaloniki, Botanikos – Softex) that change the daily life of residents and visitors.
In the context of the completion of the Public Registration, the General Director of Wholesale Banking of the Bank, Yannis Emiris, said: “In an environment of widespread uncertainty for the international financial markets, the Public Registration for the introduction of Dimand to the Greek Stock Exchange, and the warm response from the investors, is a vote of confidence in the development prospects of the Greek market. It is also an important first step towards the opening of a hitherto closed market for our country – that of Public Records. We hope that the dynamics of this transaction will give the necessary impetus to other dynamic Greek companies in the same direction. Alpha Bank, the reliable partner of the largest Greek companies for many decades, will remain active in the field, bringing new, high-quality and dynamic transactions to the investment community.”