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Dimand S.A. M&A Activity 2026
2656_rns_2026-02-24_2bea1138-e75f-406c-a887-8aedf51dd12c.pdf
M&A Activity
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Maroussi, February 24, 2026
Announcement of Regulated Information pursuant to Law 3556/2007
DIMAND S.A. – Conclusion of the acquisition of properties in Attica
Following the relevant announcement dated 11.04.2025, DIMAND S.A. ("Dimand" or the "Company") hereby informs investors in accordance with the provisions of Law 3556/2007 (article 3, par. 1 exhibit 16 (bb) and article 21), Regulation (EU) No 596/2014 of the European Parliament and the Council on market abuse, and the Athens Exchange Regulation, each as applicable, that the transfer by REDS S.M.SA. to ARCELA LTD, a 100% subsidiary of the Company, of 100% of the share capital of the company KANTZA EMPORIKI S.M.S.A., owner of a total area of c. 319 thousand sq.m., located at Camba Estate, Municipalities of Pallini and Paiania, Attica, has been completed.
The consideration for the above acquisition amounted to €44.6 million and was calculated taking into account the company's financial position at completion of the transaction, using the adjusted net asset value method.
In addition, THOMAIS AKINITA SM.S.A. a 100% subsidiary of the Company, acquired by REDS S.M.S.A. a landplot of an area of c. 4.4 thousand sq.m. and of a landplot of an area of c. 1.3 thousand sq.m. with a listed residence of 0,7 thousand sq.m., for a total consideration of €1.17 million. The two landplots are located in the area of Trigono Cambas, Municipality of Pallini, Attica.
The transactions above were financed with debt.
This announcement is published by the Company in accordance with the Market Abuse Regulation (EU) 596/2014 ("MAR Regulation") and contains information that falls under the concept of privileged information for the purposes of Article 7 of the MAR Regulation. For the purposes of the MAR Regulation and article 2 of the Executive Regulation (EU) 2016/1055 of the Commission, the person responsible for the publication of this announcement on behalf of the Company, is Mrs Electra Demi, the Company's Investor Relations and Corporate Announcements Officer (tel. +30 210 8774200, e-mail: [email protected]).