Strong Vote of Confidence for AKTOR: €650 Million Capital Raise Oversubscribed 3.6 Times

The successful share capital increase marks a strategic milestone for AKTOR Group, as CEO Alexandros Exarchou highlights strong international investor confidence and a new phase of accelerated growth.

AKTOR Group has completed one of the largest and most successful capital raisings in the Greek market in recent years, with its €650 million Share Capital Increase (SCI) attracting overwhelming investor demand and signaling strong confidence in the company’s long-term growth strategy.

Total orders exceeded €2.2 billion, resulting in an oversubscription of 3.6 times, making the transaction one of the most heavily oversubscribed equity offerings in the Greek capital market in recent years.

Exarchou: “A Strategic Milestone for AKTOR”

Alexandros Exarchou, Chairman and Chief Executive Officer of AKTOR Group, described the successful completion of the capital increase as a strategic milestone in the company’s history.

According to Exarchou, investor demand significantly exceeded expectations, reinforcing confidence in AKTOR’s transformation strategy, its business model, and its ability to generate long-term value across the infrastructure, energy, real estate, and concessions sectors.

International Institutional Investors Lead Demand

One of the defining features of the transaction was the quality of the investor base.

More than 50% of participating investment vehicles consisted of long-only institutional funds, including several of the world’s largest asset managers. In total, more than 80 investment funds participated in the book-building process, alongside prominent Greek business leaders and international institutional investors.

The strong participation of long-term investors is viewed as an important endorsement of AKTOR’s strategic direction and future growth prospects.

A Deliberate Allocation Strategy

Given the exceptionally strong demand, AKTOR’s management decided to limit the allocation available to existing shareholders, consistent with the primary objective of the capital increase: attracting major international long-term institutional investors.

At the same time, management chose not to increase the size of the offering, emphasizing that maintaining the original fundraising target was the most appropriate decision to safeguard existing shareholders while preserving a balanced shareholder structure.

One of the Strongest Capital Bases in Southeast Europe

Following the successful completion of the transaction, AKTOR Group now ranks among the best-capitalized infrastructure companies in Greece and Southeast Europe.

The proceeds will enable the Group to accelerate the implementation of its investment plan, strengthen its market position, and pursue new opportunities across key sectors of the economy.

A Vote of Confidence in Greece’s Growth Story

Exarchou stressed that the successful capital increase represents not only a major milestone for AKTOR but also a strong vote of confidence in the prospects of the Greek economy.

With the completion of the largest financing program in the Group’s history, AKTOR is entering a new phase of expansion, supported by a stronger balance sheet, the continued backing of its core shareholders, and the confidence of leading international institutional investors.

The successful transaction positions AKTOR to accelerate its long-term investment strategy, reinforce its leadership in infrastructure and construction, and capitalize on the significant development opportunities emerging in Greece and the wider Southeast European region.

Source: pagenews.gr