INTRODUCTION AND COMMENCEMENT OF TRADING OF THE NEW SHARES OF THE COMPANY «P.G. NIKAS S.A.» RESULTING FROM ITS SHARE CAPITAL INCREASE BY PAYING CASH WITH PREFERENCE RIGHT IN FAVOR OF THE OLD SHAREHOLDERS

"P.G. NIKAS S.A." (hereinafter the "Company") announces that from December the 21^st 2020 the trading of the 13,288,535 new common registered shares of the Company will commence, on the Athens Stock Exchange, with a nominal value of 0.12 euros each (hereinafter the "New Shares"), resulting from the increase of its share capital by cash payment with pre-emptive right in favor of the old shareholders, as decided by the September 2^nd 2020 Ordinary General Meeting of the Company Shareholders in conjunction with the November 9^th 2020 decision of the Company's Board of Directors (hereinafter referred to as the "Increase").

The Listing and Market Operation Committee of the Athens Stock Exchange during its meeting on December the 17^th 2020 approved the listing of the 13,288,535 New Shares. The New Shares will be credited at the date of commencement of trading in the shares and securities accounts of the shareholders in the Intangible Securities System (ISS).

The total funds raised through the Increase, amounting to 9,966,401.25 euros, will be allocated in accordance with the provisions of section 4.1.2 "Reasons for the offer and use of revenue" of the Prospectus dated November 20th 2020.

Shareholders and investors interested in more information and clarifications can contact the Company's offices during working days and hours, 22nd klm N.R. Athens - Lamia, 14565 Ag. Stefanos - Attica, tel. 210 8187300 (Ms. Artemis Ntousia, C.F.O. and Investor Information Officer).

Agios Stefanos, December the 17^th 2020