The final offering price was set at €4.70 per share, attracting demand for 16.15 million shares—oversubscribing the offering by 1.42 times.
The total amount raised through the public offering reached €53.47 million. Of this, €42.77 million corresponds to proceeds from newly issued shares, which will go to the company, while the remaining €10.69 million will go to selling shareholders from the sale of existing shares.
The share allocation was divided between retail and institutional investors, with 8,645,475 shares (76%) allocated to retail investors and 2,730,150 shares (24%) to institutional or "special" investors. Demand from retail investors reached 12,150,403 shares across 4,273 applications, corresponding to a coverage rate of 71.2%. Institutional investors submitted 63 applications for 4,000,300 shares, with a coverage rate of 68.2%.
The market debut will be marked ceremonially by Lou and Sami Fais ringing the opening bell at the Athens Exchange—an event that will officially celebrate the company's listing. However, the real challenge begins today, as the stock enters open trading for the first time.
All eyes will be on the €4.70 mark, a key technical and psychological level. Holding above—or exceeding—this price could boost momentum and investor confidence. Conversely, a drop below the offering price might raise concerns about the stock's early performance.
