Premia: From 2.7% to 3.1% the yield range of the bond loan

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Pursuant to the decision of 07.01.2022 of the Board of Directors of “PREMIA SOCIETE ANONYME” (hereinafter “Issuer” or “Company”), the Issuer, among others, decided:

(a) the issuance of a joint bond loan by the Company (hereinafter “Bond Loan” or “Code”), based on the provisions of Law 4548/2018, as in force, as well as those provisions of Law 3156/2003 that remain in force, total amount up to € 100,000,000, lasting five (5) years, divided into up to 100,000 intangible, common, anonymous bonds with a nominal value of € 1,000 each (hereinafter the “Bonds”), which will be registered in the DSS. and will be admitted to trading in the Fixed Income Securities Category of the ATHEX Regulated Market, as well as the approval of the more specific terms of the Bond Loan, which constitute the COD program (hereinafter the “COD Program”),

(b) the availability of the Bonds to be covered through a public offering to the entire investing public in Greece, ie to special and private investors, within a period of three (3) working days during which the coverage of the Bond Loan (hereinafter the “Public” Offer “), using the service of the Electronic Book of Offers of the Athens Stock Exchange (hereinafter the” HBIP “or” Electronic Book of Offers “),

(c) the determination of the offering price per Bond, ie € 1,000 per Bond and the determination of the final yield of the Bonds and the interest rate of the Bond Loan based on the final yield of the Bonds, through the Public Offering, by the Coordinators: , with the procedure of H.B.I.P. in accordance with the more specific provisions of the prospectus approved by the Hellenic Capital Market Commission on 13.01.2022 (the “Prospectus”).

If the Code is not covered in the amount of at least € 75,000,000, the issue of the Bond Loan will be canceled and the amount corresponding to the participation value committed for each Private Investor will be released within two (2) working days at the latest.

Determination of final yield and interest rate of bonds

The determination of the yield and the interest rate of the Bonds (hereinafter the “Interest Rate”), will be done through the process of the book Building (“Book Building”), which will be observed by the Coordinators: PI. In the H.B.P. Only Special Investors participate.

Further, the Interest Rate and the final yield will be determined by the Coordinators Principal Contractors, within the following yield range, in accordance with the HBIP procedure, in accordance with the specific provisions of the Prospectus, will be approved by an authorized Authority. Board of the Issuer person and will be announced on the Company’s website and on the website of the Athens Stock Exchange no later than the next business day after the Public Offering period.

The yield range, which was determined by the Coordinators Principal Contractors and within which the Special Investors will submit the Coverage Applications, is as follows:

Premia: From 2.7% to 3.1% the yield range of the bond loan

The final yield and the Interest Rate will be notified to the Hellenic Capital Market Commission and will be published on the Website of the Issuer and the ATHEX. no later than the next working day after the completion of the Public Offer.

The criteria and conditions on the basis of which the final yield and the Interest Rate will be determined include the bond market conditions, the amount of demand per yield from Special Investors, the number and type of Special Investors, the amount of demand from Private Investors ( to the extent that the final distribution to them exceeds the minimum allocation rate of 30%) and the cost of servicing the bond issue that the Issuer intends to undertake.

Indicatively, if the demand from Special Investors covers the Issue up to the ceiling of the yield range, but at the same time covers a significant part of the Issue at a lower yield level, the lowest yield may be selected, even if this results in a lower amount of pumped provided that the condition for the issuance of the Bonds is met.

Simultaneously with the determination of the final yield, the final distribution of the Bonds will be decided. In any case, the Interest Rate will be set within the announced binding yield range.

The Interest Rate and the Offering Price will be common for all investors, Special Investors and Private Investors, who will participate in the offering of Bonds with Public Offering.

Within two (2) working days from the end of the Public Offer, the Coordinators, Main Contractors, will issue a detailed announcement on the outcome of the Public Offer, including the Interest Rate, which will be published in the ATHEX Daily Price Bulletin.

Detailed information on the final yield and the interest rate is provided in section 4.3.3 “Determination of the Final Rate and Interest Rate of Bonds with Public Offering through a Bid Book” of the Prospectus.

BONDS PROCEDURE PROCEDURE

The disposal of the Bonds offered to be covered, ie Bonds with a total nominal value of up to € 100,000,000 will be made with a Public Offer of these to the investing public in Greece through the service HVIP.
ATHEX Trading unit will be the title of one (1) Confession.

Every investor can register and submit a Coverage Application for the purchase of Bonds, through the H.B.P. for at least one (1) offered Bond or for an integer number of Bonds. The maximum registration limit for each investor is the total of the Public Offering, ie up to one hundred thousand (100,000) Bonds. The minimum participation limit is
one (1) Bond, with a nominal value of € 1,000.

The Public Offering and the registration of the interested investors will last three (3) working days.

Coordinators of the HBIP process, as defined in the HBIP Decision, have been appointed the Main Contractors. In particular, the Public Offer will start on January 19, 2022 and Greek time 10:00 a.m. and will be completed on January 21, 2022 and Greek time 4:00 p.m.

The H.B.P. will remain open, during the Public Offering from 10:00 a.m. until 5:00 p.m., except January 21, 2022 which will end at 4:00 p.m. In order for the interested investor to participate in the Public Offering of the Bonds, he must submit, during the Public Offering, a Cover Application for the Bonds, in compliance with the terms and conditions of the 13.01.2022 approved Prospectus and the KOD Program.

Modification or cancellation of the Coverage Application for the purchase offer is possible during the Public Offer period, following a procedure similar to the initial submission.

If the Coverage Application is not duly completed in compliance with the terms of participation and registration in the Public Offer in accordance with the Prospectus, the KOD Program and the HBIP Decision, the Coverage Application will not be accepted. Detailed information on the bond issuance process is provided in section 4.3.5 “Procedure for Issuance, Registration and Distribution of Bonds Offered
with Public Offer “of the Prospectus.

PROCEDURE FOR THE PARTICIPATION OF PRIVATE INVESTORS IN THE PUBLIC OFFER
Interested Private Investors have the opportunity to submit Coverage Applications by coming directly to the branches of the Coordinators of the Main Contractors, namely “NATIONAL BANK OF GREECE SA”, “ALPHA BANK SA.” and “PIRAEUS BANK”, the Main Contractors, namely “BANK OPTIMA BANK SA” and “EUROXX SECURITIES SA” and the Contractor “BETA SECURITIES SA as well as through” .ΒΙ.Π. and the Participants in the DSS. who collaborate with H.B.P. Members for the submission of Coverage Applications through the H.B.P. service.

In order to participate in the Public Offering, the interested Private Investors who will come directly to the stores of the Main Contractors and the Main Contractors and the Contractor will have to present their police ID card or passport, their tax registration number and their printout. of his data
Σ.Α.Τ.

In case of a Coverage Application submitted for a Private Investor through a Client’s Securities Account, including the Joint Investment Portion, this application will be accepted only if the Private Investor in question is a beneficiary or co-owner of the Securities Accounts.

Interested Private Investors will be registered in the minimum return of the above range. The value of the participation for the Private Investors is defined as the product of the number of requested Bonds on the nominal value of € 1,000 of each Bond.

Detailed information on the participation of Private Investors is provided in section 4.3.5 “Procedure for Issuance, Registration and Distribution of Bonds Offered by Public Offering” of the Prospectus.

PROCEDURE FOR PARTICIPATION OF SPECIAL INVESTORS IN THE E-BOOK OFFERS

Interested Special Investors, for their participation in the Public Offering should contact the Coordinators Main Contractors and the Main Contractors and the Contractor by submitting the relevant Application for Coverage.

The process of submitting the bids of the Special Investors will last from the first until the last day of the Public Offering.

The yield that will be included in the Coverage Application, within the announced range, will be in steps of 5 basis points, ie 0.050%.

The bids submitted by the Special Investors will be collected during the process in the Electronic Book of Bids, managed by the Coordinating Principal Contractors, for the purpose of determining the requested quantity in alternative returns, as well as the total number of Bonds requested.

The Electronic Bid Book will close on the last day of the Public Offer period (Greek time 4:00 pm), so all bids as valid at that time are considered final.

Detailed information on the participation of Special Investors is provided in section 4.3.5 “Procedure for Issuance, Registration and Distribution of Bonds Offered by Public Offer” of the Prospectus.

DISTRIBUTION PROCESS

After determining the final yield and the Interest Rate, the Coordinators Principal Contractors will determine the amount of the Issue and then, the Bonds will be distributed to the investors, as follows:

– at least 30% of the Bids of the Public Offering (ie at least 30,000 Bonds in possible full coverage of the Code, ie issuance of 100,000 Bonds) will be allocated to satisfy the registrations of Private Investors, and

– up to 70% of the Bids of the Public Offering (ie, up to 70,000 Bonds in possible full coverage of the Code, ie issuance of 100,000 Bonds) will be distributed between the Special Investors and the Private Investors.

If the registrations of the Private Investors for 30% of the Bids of the Public Offering have been satisfied, for the final determination of the distribution percentage per category of investors, the following will be taken into account:

a) the demand from the Special Investors

b) the demand in the remaining 30% of the Private Investors

c) the number of Coverage Applications concerning Private Investors,
and

d) the need to create conditions for the smooth trading of Bonds in the secondary market.

Detailed information on the allocation process is provided in section 4.3.6 “Public Offering Allocation Procedure” of the Prospectus.

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Source From: Capital

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