Karatzas and Partners Law Firm

Karatzas & Partners advises LAMDA Development

Karatzas & Partners is pleased to announce that our firm advised LAMDA Development S.A., in connection with its pre-emptive share capital increase for the raising of €650,000,098.00, the largest share capital increase completed in Greece for the past years by a non-financial issuer. The share capital increase was approved on 10.10.2019 by the Extraordinary General Meeting of LAMDA Development's shareholders and was successfully completed on 16.12.2019 at the expiration of the period of exercise of the pre-emption and oversubscription rights by an approximately 1.1 investors’ oversubscription. The successful completion of LAMDA Development's share capital increase is another major step that the company is taking towards the implementation of the investment in the visionary thehellinicon Project. For more information: https://bit.ly/36Wg7Wp