Autohellas on the Athens Stock Exchange on the occasion of the debenture bond

BUSINESS

The Athens Stock Exchange welcomed today the Management, executives and partners of Autohellas, on the occasion of the recent start of negotiations of its bond on the Main Market of the Stock Exchange, on Wednesday, January 24th.

The CEO of Autohellas Mr. Eftihios Vassilakis declared the meeting open by ringing the traditional bell.

The CEO of Athens Exchange Group, Mr. Yiannos Kontopoulos, referred to the great success of the issue, as the public offering was covered 2.3 times, with the offered funds reaching 453 million euros. “Autohellas completes 25 years this year as a listed company on the Athens Exchange. At the beginning of this journey, its capitalisation was in the region of EUR 270 million. Today, its share is part of the index of the 25 high-capitalization companies of our stock exchange, with a valuation of 660 million euros”, said Mr. Kontopoulos.

For his part, the CEO of Autohellas, Mr. Eftihios Vassilakis said: “The issuance of the euro 200 million Joint Bond Loan is another important milestone in the development of Autohellas. Our goal is to strengthen our competitiveness, having at the core our people and the synergies between our group companies, as well as to support innovation and development with greater intensity. At the same time, today marks the continuation and evolution of the 25-year relationship of trust and cooperation between Autohellas and the Athens Stock Exchange. On behalf of the Board of Directors, we would like to thank all those who have supported Autohellas in this important step of its growth targeting”.

The President of the Hellenic Capital Market Commission, Ms. Vasiliki Lazarakou, congratulated Autohellas and its CEO, Mr. Vassilakis, for the successful edition
ATHEXGROUP of the bond and stated that the prospects of the Greek economy are positive which is reflected in the growth of the Greek capital market. Mrs Lazarakou thanked the Commission’s executives and stressed that the Capital Market Commission is a supporter of all the business efforts of the companies, while through its own actions the issuance of the necessary approvals is achieved in the times that serve the business planning of the listed companies.

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