Ideal S A : Share capital return

Return of Share Capital by Cash Payment to the Company' s Shareholders

IDEAL Holdings A.E. (hereinafter the "Company") following its announcement from 04.07.2024, regarding the increase of the Company's share capital by €9,600,784.20 through the capitalization of part of the "Share Premium" account. The nominal value of the shares will be raised from €0.40 to €0.60. Concurrently, the Company will reduce its share capital by €9,600,784.20, lowering the nominal value of the shares back to €0.40. This capital reduction will be returned to shareholders via a cash payment of €0.20 per share.

The Company informs the investing public that this capital increase, along with the cash payment to shareholders, marks the fourth such transaction since 2022. IDEAL Holdings continues to steadily implement its dividend policy in 2024 by returning capital in cash to shareholders, aiming to maintain investor confidence, maximize investment returns, and align with the Company's strategic goals.

From 2022 to the present, the Company has made total cash payments to shareholders amounting to €24,245,877.84 through fluctuations in its share capital. Specifically, in 2022, the Company paid a total of €7,019,458.65 (€0.07 and €0.12 per share), in 2023, it paid €7,625,634.99 (€0.19 per share), and in 2024, it paid €9,600,784.20 (€0.20 per share).

Since June 2021, the Company's share capital has increased significantly through the contribution of the companies SICC and ESM and through combined acquisitions of BYTE and Attica companies. These actions resulted in an increase of €98,318,352.34 in the "Share Premium" account. This allows the Company to make corresponding increases and decreases in its share capital, enabling cash payments to shareholders without impacting the share price or the Company's market capitalization on the Athens Stock Exchange.

The Company intends to continue proposing to its General Meetings of shareholders the return of share capital (through these fluctuations) instead of distributing dividends from profits. This approach will always be guided by the Company's investment strategy and the cash reserves required for its execution.