IDEAL Holdings: Plan for attica’s entry into Euronext Athens and public share offering

IDEAL Holdings is moving the institution attica into a imaginable listing process connected the Stock Exchange, portion besides opening the anticipation of offering portion of its shares to the investing nationalist done a nationalist offering. At the aforesaid time, according to the applicable announcement, the listing of each attica shares connected the regulated marketplace of the Athens Stock Exchange (Euronext Athens) is being considered.

According to the announcement:

IDEAL Holdings announces that its Cyprus-based subsidiary Kymora Limited, which is the sole shareholder of ATTIKA DEPARTMENT STORES SINGLE-MEMBER S.A. (“attica”), is examining the anticipation of offering portion of the shares it holds successful attica to the investing nationalist successful Greece done a nationalist offering. At the aforesaid time, the imaginable listing of each attica shares for trading connected the regulated marketplace of the Athens Stock Exchange (Euronext Athens) is besides being considered.

In this context, and successful practice with attica, the indispensable preparatory actions person begun to measure the transaction.

Any last determination regarding the nationalist offering and/or the listing of attica shares, arsenic good arsenic its presumption and timetable, volition beryllium made astatine a aboriginal stage. IDEAL Holdings volition pass the investing nationalist of immoderate applicable developments successful accordance with the applicable ineligible and regulatory framework.

The transaction is subject, among different things, to last support by the applicable firm bodies, prevailing marketplace conditions, and obtaining the indispensable regulatory and supervisory approvals, including support of the prospectus and the listing exertion by the competent authorities.

This announcement does not represent an connection to merchantability oregon a solicitation of an connection to bargain securities, nor does it represent an concern proposal oregon inducement.