Attica Department Stores, a member of IDEAL Holdings, is entering the final stretch ahead of its public offering on Euronext Athens. The offering is scheduled to take place from Wednesday, 24 June to Friday, 26 June 2026 — following approval of the prospectus by the Hellenic Capital Market Commission on 17 June 2026. Trading of Attica’s newly issued shares on Euronext Athens is expected to begin on 2 July 2026.
The offering aims to raise €57.6 million in capital. Upon completion, IDEAL Holdings will remain the majority shareholder, retaining an indirect stake of 52.5% in the company.
“A New Chapter in a 20+ Year Success Story”
Dimitris Bounis, Chief Executive Officer of Attica Department Stores, described the listing as a milestone marking decades of growth and the start of a new strategic phase: “For over 20 years, Attica has pursued a path of steady expansion and strong profitability. We are now entering a new cycle — backed by a clear strategic plan, robust cash flows, and targeted investments that further strengthen our position in Greece’s premium retail market while creating value for employees, customers, partners, and investors alike. This listing gives the broader investment community its first opportunity to participate in Attica’s growth journey and in the significant development potential of Greece’s high-end retail sector.”
A Strategic Milestone for IDEAL Holdings
Lampros Papakonstantinou, Executive Chairman of the Board of Directors of IDEAL Holdings, emphasized the significance of the listing as both a corporate milestone for Attica and a natural evolution of IDEAL’s successful investment strategy: “Attica’s listing on Euronext Athens is a landmark achievement — and a testament to its strong market position, effective management team, and compelling growth prospects. As majority shareholder, we remain fully committed to supporting Attica’s leadership and long-term development plan, consistently delivering sustainable value for all shareholders.”
Advisors and Underwriters
The offering is coordinated by National Bank of Greece, AXIA, Eurobank, and Piraeus Bank as Lead Underwriters. Additional underwriters include Optima Securities, Euroxx Securities, Pantelakis Securities, and Beta Securities. National Bank of Greece also serves as Listing Advisor. Karatzas & Partners acts as Greek legal counsel for the issuance, while Grant Thornton conducted the special financial and accounting review.
Founded over two decades ago, Attica Department Stores has built a dynamic and consistently profitable track record in Greece’s premium retail landscape.