Announcement on the full subscription of the Share Capital Increase with cash payment and with pre-emptive right in favour of the existing shareholders

The Company under the name “INTRAKAT SOCIETE ANONYME TECHNICAL & ENERGY PROJECTS” (hereinafter “the Company”) announces to the investing public that the Share Capital Increase with cash payment and pre-emptive right in favour of the existing shareholders, that was decided by the Extraordinary General Meeting of the Shareholders of the Company during its meeting on 01.12.2022 (after the postponement of the initial meeting of the Extraordinary General Meeting on 14.11.2022) (the “Share Capital Increase“),  was successfully completed and fully covered by raising funds of a total amount of € one hundred million and sixty-two cents (€ 100,000,000.62) and by the issue of eighty-five million four hundred and seventy thousand and eighty-six (85,470,086) new, common, dematerialized, registered, voting shares, with a nominal value of €0.30 each (the “New Shares“).

In particular, the Increase was covered by the beneficiaries of pre-emptive and pre-subscription rights as follows:

– Percentage 95.66% of the Share Capital Increase was covered through subscriptions by those who exercised their pre-emptive right with the payment of a total amount of € 95,658,808.05 corresponding to 81,759,665 New Shares.

– Percentage 4.34% of the Share Capital Increase was covered through the exercise of the pre-subscription right with the payment of a total amount of € 4,341,192.57, corresponding to 3,710,421 New Shares. Since the number of New Shares for which subscription was requested by those who exercised their pre-subscription right exceeded the number of New Shares that remained unallocated after the satisfaction of the exercised pre-emptive rights, the aforementioned 3,710,421 New Shares were allocated to the investors who exercised their pre-subscription rights in proportion to the number of New Shares for which they exercised their pre-subscription right.

Accordingly, there are no unallocated New Shares remaining to be allocated by the Board of Directors.

As a result of the above and the decision of the Board of Directors of the Company dated 30.01.2023, which confirmed, in accordance with the provisions of article 20 of Law 4548/2018, the certification of the timely and full payment of the total amount of the Share Capital Increase, the final subscription percentage of the Share Capital Increase is 100.00% and the amount of funds raised is €100,000,000.62.

Following the above, the share capital of the Company was increased by twenty-five million six hundred forty-one thousand twenty-five Euros and eighty cents (25,641,025.80) through the issue of eighty-five million four hundred seventy thousand eighty-six (85,470,086)  new, common, dematerialized, registered, voting shares, with a nominal value of €0.30 each, while the difference between the nominal value of the New Shares and their offering price, for a total amount of seventy four million three hundred fifty eight thousand nine hundred seventy four Euro and eighty two cents ( 74,358,974.82) , will be credited to the account “Reserve from the issuance of shares above par”.

Consequently, the Company’s share capital currently amounts to forty-eight million one hundred fifty-seven thousand one hundred ninety-five Euros and fifty cents (€ 48,157,195.50), divided into one hundred and sixty million five hundred and twenty-three thousand nine hundred and eighty-five (160,523,985) registered shares with a nominal value of thirty Euro cents (€0.30) each.

The New Shares will be allocated to the beneficiaries in dematerialized form by crediting their securities accounts in the D.S.S. The exact date of crediting of the New Shares in the beneficiaries’ securities accounts and the date of commencement of their trading on the Athens Stock Exchange will be published with a new announcement of the Company.

For further information, investors may contact during working days and hours the Company’s Investor Relations Unit (Ms. Ioanna Papavasileiou, tel. 210-6674700).

Paiania, 30.01.2023