The market gave an impressive vote of confidence to the share capital increase of Public Power Corporation (PPC), as according to sources, demand for shares early yesterday afternoon exceeded 12 billion euros compared to the 4 billion euros the company is seeking from the market. This means that from the first day of the process, the issue was oversubscribed by more than three times, while there are still two more days for interested investors to express their interest. The vote of confidence is attributed to the results of recent years combined with PPC’s new business plan that includes investments worth 24 billion euros, doubling its installed capacity to 24.3 GW by 2030, and international expansion into new markets in Central and Eastern Europe.
PPC: Next steps in the share capital increase process
According to PPC’s announcements, the next steps in the share capital increase process are:
-20.05.2026: End of the Greek Public Offering
-21.05.2026: Determination of the Distribution Price
-25.05.2026: Release of investor funds and payment of consideration for allocated shares by Specialist Investors
-25.05.2026: Board of Directors decision regarding certification of payment of the Share Capital Increase, with certified accountant or audit firm report
-25.05.2026: Publication of announcement regarding the outcome of the Combined Offering on Euronext Athens OSTE and the Company’s website
-25.05.2026: Approval from Euronext Athens for the admission to trading of the New Shares
-25.05.2026: Announcement of the commencement date for trading of New Shares on Euronext Athens OSTE and the Company’s website
-26.05.2026: Commencement of trading of New Shares.
