Prodea Real Estate Investment Societe Anonyme : Investments – Announcement for the


THE BOARD OF DIRECTORS OF

PRODEA REAL ESTATE INVESTMENT COMPANY SOCIÉTE ANONYME EXTENDS ITS GRATITUDE

to investors, for their response to the recent Public Offer for the admission of the Bonds of the company “Prodea Real Estate Investment Company Sociéte Anonyme” (hereinafter the “Company” or the “Issuer”) to trading in the category of Fixed Income Securities of the Regulated Market of the Athens Exchange (hereinafter the “ATHEX”).

We would also like to commend,

THE JOINT COORDINATORS AND BOOKRUNNERS

THE LEAD UNDERWRITERS

AND THE ISSUE ADVISORS

as well as “PricewaterhouseCoopers Auditing Company S.A.” and “Papapolitis & Parapolitis Law Firm”, which acted on behalf of the Issue Advisors and the Joint Coordinators and Bookrunners, and «Karatzas and Partners Law Firm», which acted on behalf the Company.

1

The Board of Directors of the Issuer announces that the proceeds of the Public Offer from the issue of the Common Bond Loan (the “Issue”) amount to €300 million. The total expenses relating to the issue are estimated at approximately €8 mil. (including VAT) and will be deducted from the total proceeds.

Total net proceeds of the Bond Issue will be used, in order of priority, as follows:

  1. €56 mil. will be used, within 30 days from the Issuance Date, for the total repayment of the 20.02.2018 syndicated bond loan of the Issuer with an outstanding amount of €56 mil. as of the
    Prospectus Date (09.07.2021). This repayment relates to the investment for the Karela property which has been developed based on the principles of sustainable development and is LEED certified. In case the paid amount for the loan’s total repayment is less than the above, the allocated amount for use under No (2) will increase accordingly.
  2. the remaining amount of €236 mil. will be used up to 31.12.2024 for Green Investments1 including debt repayment related exclusively to such Green Investments that are outstanding at the time of their completion.

The proceeds of the Issue, up until their full use, will be invested in short-termlow-risk placements, as, indicatively, time deposits.

The Company will inform the management of ATHEX and the Hellenic Capital Market Commission pursuant to applicable regulation, regarding the use of the proceeds raised from the Issue until their full and final disbursement, in accordance with the provisions of the Prospectus. Investors will be informed about the disbursement of the proceeds through the ATHEX website, the Company’s website, as well as the ATHEX Daily Statistical Bulletin.



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