It is the largest initial public offering in Greece in recent years
“Premiere” today for the share of AIA “El. Venizelos” at the Stock Exchange, in an intensely festive atmosphere. In this climate, during the first minutes of the meeting, the share of El. Venizelos opened at 9.4 euros and moved up to 9.56 eurosrecording a rise of up to 16.5%. The initial sale price per share was 8.20 euros.
At 10:30 on the morning of Wednesday, February 7, the bell rang for the listing of the shares of Athens International Airport “Eleftherios Venizelos” on the Greek stock exchange in the presence of the Minister of National Economy and Finance, Kostis Hatzidakisof the Minister of Infrastructure and Transport, Chr. Staikuraof the CEO of El. Venizelos, Giannis Parashisof the CEO of A.A. Yannou Kontopoulosof Ms. Elmina Kopelouzou and other representatives.
“The moment we’ve been working hard for all this time has arrived. As of today, AIA shares are at disposition of the investing public and together with them a landmark Public Offer for the Greek market is completed. I sincerely thank all those who worked for this success as well as the investment community for its impressive participation and strong trust in the company and our development plans”, said Mr. Ioannis Paraschis, Managing Director & CEO of AIA.
The listing on the Athens Stock Exchange of AIA is the largest initial public offering (in terms of total proceeds) in Greece in the last 15-plus years, and marks an important milestone for Athens International Airport SA, the country and the domestic capital market. .
The recent IPO attracted bids in excess of €8 billionexceeding the requested amount by 12 times. The proceeds of the public offering amounted to 784.7 million euros.
