NOVAL PROPERTY REIC

Activity

The Issuer's activities are the  acquisition, management of real property and investments in accordance with article 22 of Greek Law 2778/1999 "On Real Estate Mutual Funds - Real Estate Investment Companies and other provisions,  any activity related to the operation of the Company", under the restrictions of Law no. 2778/1999,  as an Alternative Investment Fund Manager (AIFM) with internal management, within the Scope of Greek Law 4209/2013 "Adaptation of Greek Legislation to Directive 2011/61/EU on Alternative Investment Fund  Managers".
Foundation Year 2019
Address Olympioniki Tsiklitira 41
P.C. 15125, Marousi 
Phone number +30 2168608081
Telefax +30 2168608088 
Site URL https://noval-property.com/ 
Email info@noval-property.com
Board of Directors

FIKIORIS MELETIOS (CHAIRMAN/INDEPENDENT NON EXECUTIVE MEMBER)
KAPETANAKOS PANAGIOTIS (VICE CHAIRMAN, CEO, EXECUTIVE MEMBER)
APERGI AIKATERINI (EXECUTIVE MEMBER)
KALOUTA MARIA (EXECUTIVE MEMBER)
MOUROUSIA EVGENIA (EXECUTIVE MEMBER)
STERGIOPOULOS GEORGIOS (EXECUTIVE MEMBER)
KONISTIS PANAGIOTIS (INDEPENDENT NON EXECUTIVE MEMBER)
PAPAZOGLOU LOUKAS (INDEPENDENT NON EXECUTIVE MEMBER)
STROUTSIS IOANNIS (INDEPENDENT NON EXECUTIVE MEMBER)
Company staff number  
Group staff 19
Security for admition to trading BOND
Market REGULATED MARKET
Market segment BONDS CATEGORY / MAIN MARKET
ISIN GRC824121CD0
Symbol NOVALB1

 

Listing Prospectus
 (Available only in Greek)
Listing Advisor
Advisor NATIONAL BANK OF GREECE S.A.
Underwriters
Bookrunners - Main Underwriters NATIONAL BANK OF GREECE S.A.,
PIRAEUS BANK S.A.
Main Underwriters ALPHA BANK S.A.,
EUROBANK S.A.,
OPTIMA BANK S.A.
Underwriters AXIA VENTURES GROUP LTD,
EUROXX SECURITIES S.A.
Basic Bonds Data

Type of bond loan Common Bond Loan unsecured
Currency €
Duration 7 years
Number of Bonds up to 120,000
Nominal value €1,000 per bond
Price issue At par value (€1,000/bond) 
Targeted free float 25%
Interest Rate 2.65%
Issuer Call Option (for the partial or total amount of the Bond)

After the expiry of the 3rd year after the Issue Date and on each Interest Payment Date up to six (6) months before Final Maturity Date, the Issuer has the right to purchase back any Bond or part thereof at the below prices:

  • On the 7th and the 8th Interest Payment Dates, subject to paying an amount corresponding to the principal thereof (together with accrued interest, Tax Costs and Expenses), and a premium equal to one (1) year's interest per Bond.
  • On the 9th and the 10th Interest Payment Dates, subject to paying an amount corresponding to the principal thereof (together with accrued interest, Tax Costs and Expenses), and a premium equal to 60% of one (1) year's interest per Bond.
  • On the 11th and the 12th Interest Payment Dates, subject to paying an amount corresponding to the principal thereof (together with accrued interest, Tax Costs and Expenses), and a premium equal to 30% of one (1) year's interest per Bond.
  • On the 13th Interest Payment Date, subject to paying an amount corresponding to the principal thereof (together with accrued interest, Tax Costs and Expenses).

Any prepayment shall be at least of an amount of €20m., while the amount of Bonds remaining following each partial prepayment shall not be less than €50m. 
Put Option

-
Credit Rating  The Company has not requested the assessment of the creditworthiness of the Issuer or the Bonds.
Data of Initial Public Offer (I.P.O.) through EBB

Starting Date 30.11.2021(Time 10:00 a.m.)
Clossing Date 02.12.2021 (Time 16:00 p.m.)
I.P.O. Duration (days) 3
Trading unit 1 bond
Νόμισμα €
Bond coverage threshold Bond coverage at least € 100,000,000
Minimum subscription limit per investor 1 bonds
Επιδιωκόμενη Διασπορά 25 %
Εκτιμώμενα Κεφάλαια προς άντληση 37.550.000

 

 

EBB Members for the public offering of NOVAL PROPERTY REIC
- A. SARRIS SECURITIES S.A.
- AEONIC SECURITIES C.I.F. P.L.C.
- ALPHA FINANCE INVESTMENT SERVICES SINGLE MEMBER SA
- AXON SECURITIES S.A.
- BETA SECURITIES S.A.
- DYNAMIC SECURITIES S.A.
- EUROBANK EQUITIES INVESTMENT FIRM S.A
- EUROCORP INVESTMENT SERVICES S.A.
- EUROTRUST INVESTMENT FIRM SA
- EUROXX SECURITIES S.A.
- HELLENIC AMERICAN SECURITIES S.A.
- J. CHR. MAVRIKIS SECURITIES S.A.
- LEON DEPOLAS SECURITIES S.A.
- MERIT SECURITIES S.A
- N. CHRYSSOCHOIDIS SECURITIES S.A.
- NATIONAL SECURITIES SINGLE MEMBER SA
- OPTIMA BANK S.A.
- PANTELAKIS SECURITIES S.A.
- PIRAEUS SECURITIES S. A.
- SOLIDUS SECURITIES S.A

 

Company's Announcements

ΝΟΒΑΛ ΠΡΟΠΕΡΤΥ ΑΕΕΑΠ: Ανακοίνωση για την έκβαση της δημόσιας προσφοράς

Available only in Greek

PRESS RELEASES - INFORMATION

COMPANY ANNOUNCEMENTS

 
 
 
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