GEK Terna Raises €659.3 Million From Institutional Investors In Share Offering

GEK Terna SA ATHEX:GEKTERNA:

• COMPLETES PRIVATE PLACEMENT OF 15.5 MILLION NEW SHARES AT EUR 42.50 EACH TO RAISE €659.3 MILLION

• SAYS TOTAL DEMAND FOR THE OFFERING REACHED ABOUT €3 BILLION

• PROCEEDS ARE ABOUT 32% HIGHER THAN INITIAL TARGET OF €500.0 MILLION