Introduction of the shares of DIMAND SA to the Main Market

The Athens Stock Exchange today welcomed the Management, executives of DIMAND SA. but also representatives of contractors on the occasion of the start of trading of the company’s shares on the Main Market of the Stock Exchange. The CEO of DIMAND SA, Dimitris Andriopoulos, announced the start of today’s meeting.

For a special day, the Managing Director of the Athens Stock Exchange Group, Giannos Kontopoulos, spoke in his greeting, referring to the successful completion of the public offering of DIMAND. “In previous years, as we all know, the Greek economy – and consequently the stock market – were severely tested. Today, geopolitical turmoil has created another difficult environment of international, complex uncertainty. In this environment companies are tested but resist and dare. The DIMAND dared and succeeded. The company’s total raised funds exceeded 100 million euros, an amount recorded as the highest since 2007. We therefore congratulate it for this success,” emphasized Mr. Giannos Kontopoulos, pointing out among other things: “The “The prospects of the Greek economy and the domestic capital market are very positive today. The Athens Stock Exchange, responding to its role as a key driver of the upliftment of the national economy, supports Greek businesses in achieving their goals.”

The President of the Capital Market Commission, Vasiliki Lazarakou, congratulated Mr. Dimitris Andriopoulos as well as all the representatives of the company and the contractors who worked effectively as a team and achieved today’s result. “Today’s introduction of DIMAND AE to the Stock Exchange proves that when there is vision, courage and method, companies can raise funds from the domestic market” noted Ms. Lazarakou.

“It is with great pleasure that we are here today, on the first day of trading on the Athens Stock Exchange. In such an environment of international uncertainty, I think it is a testament to the strong prospects of DIMAND SA that this is the first substantial major listing since 2007,” he stressed Alpha Bank Group CEO Vassilis Psaltis welcomed him, adding: “Our relationship with DIMAND is not limited to the role of Issuance Advisor and Coordinator – Main Underwriter. As the main partner bank, we have arranged financings of over 250 million euros for iconic urban renewal and real estate development projects and we have supported the entire development course of the company until today.On our part, we are committed to supporting other such success stories, which contribute to the deepening of the Greek capital market and put the Greek economy on a path of sustainable development . Congratulations to all on this great undertaking.”

“The successful IPO of DIMAND is a milestone for the Stock Exchange and a strong positive message for the prospects of the Greek economy” underlined in his greeting the CEO of Eurobank Fokion Karavias, adding: “Its over-covering, especially at the upper price of the range, despite the negative situation in the international markets and the global economy, it echoes the quality of the company and the potential of the sector of residential renovations with a developmental and environmental sign. The success justifies the boldness of Mr. Dimitris Andriopoulos to move forward in adverse conditions, it gives options to the investing public and strengthens the image of the Greek stock market with the first major listing after 8 years.”

The Managing Director of DIMAND S.A. Dimitris Andriopoulos, after thanking the authorities and executives of the Stock Exchange and the Capital Market, the consultants, contractors, auditors, the executives of his company and those who participated in the demanding task of increasing the share capital, said: “We are proud of our achievements in development of modern bioclimatic buildings, in the 20 years we have been in business. Now, we are proud of another achievement, the successful increase of our share capital and the listing of DIMAND shares on the Stock Exchange. This is a goal, which they have helped us to fulfill new powerful shareholders, but also the wider investing public who trusted us. This development makes us feel an even greater responsibility towards the shareholders, but also our partners, to work more intensively, to pioneer and improve not only the buildings and the environment, but also the conditions of those who live or work in it.All together, we will continue by making the cities we want to live in”.