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Participation in the share capital of LAMDA DEVELOPMENT S.A.

December 21, 2017

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Olympia Group and VNK Capital announce their participation in the share capital of Lamda Development SA based on an equity stake of 12.8% acquired via the joint investment vehicle Voxcove Holdings.

The particular investment implemented by Voxcove Holdings in the listed company LAMDA DEVELOPMENT SA refers to a capital placement over the long-term horizon.

LAMDA DEVELOPMENT SA has demonstrated a successful track record of investments in the Greek market. The participation of the joint investment vehicle Voxcove Holdings in the share capital of LAMDA DEVELOPMENT SA in the current period underlines the belief of both companies (namely VNK Capital and Olympia Group) in the prospects and the overall potential of the Greek economy.