PRESS RELEASE
Authorization for a transaction with a related party under article 101 par. 2 of Law 4548/2018
The Board of Directors of the Company under the trade name "TRASTOR Real Estate Investment Company" and the distinctive title "TRASTOR R.E.I.C." (hereinafter the "Company") announces that on 13.12.2024, the announcement of the Board of Directors of the Company, dated 12.12.2024, was published in the Company's registry in the Greek General Commercial Registry. The announcement was made pursuant to the resolution of the Board of Directors dated 12.12.2024, which decided and approved the signing of an agreement for the appointment of a market maker between the Company and the company under the trade name "PEIRAIOS ANONYMI ETAIREIA PAROCHIS EPENDYTIKON YPIRESION" (hereinafter "Piraeus Securities S.A."), which is a subsidiary of the Company's majority shareholder, namely the banking institution with the trade name "PIRAEUS BANK Société Anonyme", which holds more than 98% of the paid-up share capital of the Company, regarding the assumption by Piraeus Securities S.A. of the role of the market maker for the shares of the Company that are traded on the Main Market of the Athens Stock Exchange, for an annual consideration of EUR Twenty Thousand (€20,000), in accordance with the specific terms incorporated in the draft of the agreement for the appointment of a market maker submitted to the Board of Directors.
Furthermore, the Board of Directors granted under article 100 of Law 4548/2018, as in force, the special permission for the execution of the aforesaid agreement for the appointment of a market maker of the Company with a related party.
The above resolution of the Board of Directors dated 12.12.2024 to authorize the execution of the transaction was taken pursuant to the provisions of article 101 par. 1 of Law 4548/2018, as in force, and in particular based on the attached in said resolution "Independent Auditor's Evaluation Report" dated 11.12.2024, prepared by the Independent Auditor-Accountant, Mr. Eleftherios Koutsopoulos (No SOEL: 44651), of the audit firm "Grant Thornton". Pursuant to this report, the above transaction examined is evaluated as fair and reasonable for the Company and any other of its shareholders, which is not a related party.
The aforesaid transaction serves the corporate interest, given that it contributes to serving and promoting the purpose of the Company and is fair and reasonable for the Company and its shareholders.
Athens, 16th December 2024
Trastor R.E.I.C. 5, Chimarras str., Maroussi GR 151 25, Τ + 30 210 69 10 016, F +30 210 33 11 956
HCMC License No 5/266/14.3.2003 | GCR No 3548801000 | T.I.N. 099554901