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Lamda Development S.A. — Capital/Financing Update 2026
May 26, 2026
2660_rns_2026-05-26_fdbc3555-8936-43e5-8035-7aea6f3c8806.pdf
Capital/Financing Update
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LAMDA DEVELOPMENT
Announcement for the Availability of the Prospectus of the company
«LAMDA DEVELOPMENT S.A.»
The company “LAMDA DEVELOPMENT S.A.” (hereinafter the “Company”) hereby announces that as of 26.05.2026 it makes available to investors, the EU follow-on prospectus, as approved by the Board of Directors of the Hellenic Capital Market Commission, in its meeting held on 26.05.2026 (the “Prospectus”), which was prepared in accordance with article 14a of Regulation (EU) 2017/1129 for the Prospectus (the “Prospectus Regulation”) and Law 4706/2020, each as amended and in force, in relation to the issuance by the Company of a common bond loan (hereinafter the “CBL”), of a total nominal amount of up to €350,000,000, with a duration of seven (7) years, divided into up to 350,000 dematerialized, common, registered bonds, each of a nominal value of €1,000 (hereinafter the “Bonds”), in accordance with the resolution of the Board of Directors of the Company, dated 22.05.2026 (hereinafter the “Issue”). The Bonds to be issued, will be offered for subscription to investors by means of a public offering in Greece (the “Public Offering”), via the electronic book-building service (the “EBB”) of EURONEXT ATHENS (hereinafter “EURONEXT ATHENS”), registered with the Dematerialized Securities System (hereinafter the “DSS”), and admitted to trading on the Fixed Income Securities segment of the Regulated Market of EURONEXT ATHENS.
EURONEXT ATHENS, during its meeting on 25.05.2026, approved the admission to trading of the Bonds in the Fixed Income Securities segment of the Regulated Market of EURONEXT ATHENS (the “Admission”), under the condition of approval of the Prospectus by the Hellenic Capital Market Commission and the successful completion of the Public Offering of the Company's Bonds.
The indicative timetable for the completion of the CBL's Public Offering and the commencement of trading of the Bonds in the Fixed Income Securities segment of the Regulated Market of EURONEXT ATHENS is the following:
| INDICATIVE DATE | EVENT |
|---|---|
| 25.05.2026 | Confirmation of the initial satisfaction of the listing requirements and approval of the Admission of the Bonds to trading on EURONEXT ATHENS (subject to the approval of the Prospectus by the Board of Directors of the Hellenic Capital Market Commission) |
| 26.05.2026 | Prospectus Approval by the Board of Directors of the Hellenic Capital Market Commission |
| 26.05.2026 | Publication of announcement regarding the availability of the Prospectus and the commencement of the Public Offering and subscription of investors (announcement of the invitation to investors) in the EURONEXT ATHENS Daily Statistical Bulletin (D.S.B.) and on the Company's website |
| 26.05.2026 | Publication of the Prospectus |
| 02.06.2026 | Announcement of the yield range of the Bonds in the EURONEXT ATHENS D.S.B. and on the Company's website |
| 03.06.2026 | Commencement of the Public Offering - subscription of investors through the EBB (10.00 a.m. Greek time) |
THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN ARE NOT INTENDED TO AND SHALL NOT BE DISTRIBUTED, IN WHOLE OR IN PART, IN ANY COUNTRY WHERE THE RELEASE, PUBLICATION OR DISTRIBUTION OF SUCH INFORMATION IS CONTRARY TO THE APPLICABLE LAWS OR REGULATIONS OR WOULD REQUIRE A LICENSE OR REGISTRATION TO THAT END. THIS ANNOUNCEMENT IS NOT AN OFFER OF SECURITIES FOR SALE OR A SOLICITATION OF AN OFFER TO PURCHASE ANY SECURITIES OF THE COMPANY IN ANY JURISDICTION IN WHICH AN OFFER IS UNLAWFUL.
| INDICATIVE DATE | EVENT |
|---|---|
| 05.06.2026 | Conclusion of the public offering - subscription of investors through the EBB (4:00 p.m. Greek time) |
| 05.06.2026 | Announcement regarding the fulfillment of the conditions for the issuance of the CBL, the final yield and interest rate in the EURONEXT ATHENS Daily Statistical Bulletin and on the Company's website. * |
| 09.06.2026 | Certification by the Company of the collection of the amount raised and the issuance of the CBL. |
| Delivery of the Bonds to the investors through registration in Securities Accounts kept in the DSS (Dematerialized Securities System). | |
| Publication of a detailed announcement concerning the outcome of the Public Offering and the announcement for the commencement of trading of the Bonds. | |
| 10.06.2026 | Commencement of trading of the Bonds in the Fixed Income Securities Segment of the Regulated Market of EURONEXT ATHENS |
- In the event that the Issue is cancelled, investors will be informed within two (2) business days about the means and date of release of their funds.
It is noted that the above timetable is dependent upon a series of uncertain factors and for this reason is subject to change. In any case, investors will be notified with a subsequent announcement by the Company. The Prospectus, as approved by the Board of Directors of the Hellenic Capital Market Commission on 26.05.2026, will be available to the public in electronic form, in accordance with article 21, par. 2, of Regulation (EU) 2017/1129, on the following websites:
- «EURONEXT ATHENS HOLDING A.E.»: https://athens.euronext.com/el/raise-capital/list/how-to/new-listed-issuers,
- The Company: https://www.lamdadev.com/ependytes/omologo-2026
- AXIA Ventures Group Ltd https://www.axiavg.gr/prospectus/
- ALPHA BANK: https://www.alpha.gr/el/idiotes/ependuseis/metoxes-kai-xrimatistirio/enimerotika-deltia,
- NATIONAL BANK OF GREECE S.A.: https://www.nbg.gr/el/footer/enimerwtika-deltia,
- EUROBANK S.A.: https://www.eurobank.gr/el/omilos/enimerosi-ependuton/enimerotika-deltia/enimerotika-deltia-sumboulos-anadoxos-trapeza-eurobank-ergasias-ae,
- PIRAEUS BANK S.A: https://www.piraeusgroup.gr/lamda2026
- CrediaBank S.A: https://www.crediabank.com/idiotes/ependyseis/enimerotika-deltia/
- OPTIMA bANK S.A: https://www.optimabank.gr/business/investment-banking/enimerotika-pliroforiaka-deltia/
Moreover, throughout the term of the Public Offering and at the Company's initiative, a copy of the Prospectus will be available to investors free of charge in printed form upon request, at the Company's headquarters, located at 37A Kifisias Ave., 15123, Marousi, the branches of the Joint Coordinator and Bookrunner, "ALPHA BANK S.A.", the Joint Coordinator and Bookrunner and Issue Advisor, "NATIONAL BANK OF GREECE S.A.", the Joint Coordinators and Bookrunners "EUROBANK S.A." and "PIRAEUS BANK S.A.", the Lead Underwriters, "CrediaBank S.A." and "OPTIMA bANK S.A." and the Issue Advisor "Axia Ventures Ltd.". Investors interested in additional information or clarifications may contact the Company's offices, during
THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN ARE NOT INTENDED TO AND SHALL NOT BE DISTRIBUTED, IN WHOLE OR IN PART, IN ANY COUNTRY WHERE THE RELEASE, PUBLICATION OR DISTRIBUTION OF SUCH INFORMATION IS CONTRARY TO THE APPLICABLE LAWS OR REGULATIONS OR WOULD REQUIRE A LICENSE OR REGISTRATION TO THAT END. THIS ANNOUNCEMENT IS NOT AN OFFER OF SECURITIES FOR SALE OR A SOLICITATION OF AN OFFER TO PURCHASE ANY SECURITIES OF THE COMPANY IN ANY JURISDICTION IN WHICH SUCH AN OFFER IS UNLAWFUL.
business days and hours, at 37A Kifisias Ave., 15123, Marousi, Tel.: +30 210 74 50 600 (contact person: Apostolos Zafolias, Chief Strategy & IR officer).
Marousi, 26 May 2026
THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN ARE NOT INTENDED TO AND SHALL NOT BE DISTRIBUTED, IN WHOLE OR IN PART, IN ANY COUNTRY WHERE THE RELEASE, PUBLICATION OR DISTRIBUTION OF SUCH INFORMATION IS CONTRARY TO THE APPLICABLE LAWS OR REGULATIONS OR WOULD REQUIRE A LICENSE OR REGISTRATION TO THAT END. THIS ANNOUNCEMENT IS NOT AN OFFER OF SECURITIES FOR SALE OR A SOLICITATION OF AN OFFER TO PURCHASE ANY SECURITIES OF THE COMPANY IN ANY JURISDICTION IN WHICH SUCH AN OFFER IS UNLAWFUL.