Vote of Confidence in Alter Ego Media – 85% Participation in Scrip Dividend

Participation in Alter Ego Media’s scrip dividend program has reached 85%, another “vote of confidence” in the ATHEX-listed company’s strategic planning. Specifically, 396 shareholders choose to reinvest their dividends from the financial year 2024, a sum reaching 4.605 million euros.

Investors’ ‘nod’ to Alter Ego Media
The high response for the scrip dividend program reinforces the confidence that investors have shown in Alter Ego Media, which proceeded to strengthen its capital by the admission to trading of 1,096,542 new common, dematerialized, registered voting shares, with a nominal value of €1.00 each. The company will use the raised funds to implement its strategic plan and strengthen its working capital.

The certification of the partial payment of the Share Capital Increase amount was acknowledged, in accordance with article 20 paras. 4, 6, and 7 and article 28 of Law 4548/2018, i.e. in the amount of €1,096,542 out of €1,353,655 of the Share Capital Increase, and the reinvestment through participation in the Share Capital Increase totaling €4,605,476.40 (of which €3,508,934.40 is credited to the “Par amount difference” account). As such, the company’s share capital is now €58.092.542, demonstrating its steady and sustained growth in the market.