First Interest Period of the Non-Convertible Corporate Bond Loan 2020

In accordance with the terms of the Common Bond Loan dated July 6, 2020, as decided by “LAMDA DEVELOPMENT S.A.” Board of Directors (hereinafter “the Common Bond Loan”), the record date for the beneficiaries of interest for the First Interest Period from 21.07.2020 until 21.01.2021 is set on Wednesday January 20, 2021.
The date on which the bonds will trade without the first coupon (Ex-coupon date) is Tuesday January 19, 2021.
The gross interest amount for the First Interest Period is €5,560,888.89, equivalent to €17.377778 per each bond of nominal value of €1,000, which has been calculated at an annual interest rate of 3.40% (before tax) and corresponds to 320,000 bonds currently tradable on the organized market of the Athens Exchange.
The payment of the accrued interest to the bondholders will take place though “HELLENIC CENTRAL SECURITIES DEPOSITARY S.A.” (ATHEXCSD) on Thursday January 21, 2021, as follows:
1. Through the operators of the beneficiaries in the Dematerialized Security System (D.S.S.) (Banks and Securities firms) for the bondholders that have authorized their operators for the collection, according to the D.S.S. Operations Regulation and ATHEXCSD relevant resolutions.
2. Especially in cases of interest payments to heirs of deceased beneficiaries whose titles are kept in the Special Account of their Share in D.S.S., under the management of ATHEXCSD according to Article 15 of the D.S.S. Operations Regulation, the payment of the interest to the legal heirs will be made a) through ATHEXCSD within one (1) year from the date of payment of interest, and b) through a cash deposit in the Deposits and Loans Fund (TPD) after the lapse of one (1) year.
It is hereby noted that in accordance with current legislation, the right to collect interest amount expires, if not collected within the time limit of five (5) years, and any relevant amount shall be reimbursed to the Hellenic Republic.