27 January 2025. Alter Ego Media’s share makes its debut on the board of the Athens Stock Exchange. The news causes a stir among both insiders and non-insiders of the capital market. It is the first listing of a company from the media sector in two decades. During the public offering period, brokerage systems freeze due to overwhelming demand. Oversubscription reaches record levels—11.9 times.
One year later, the Group created by Evangelos Marinakis has not merely met shareholder expectations but has redefined the parameters of the sector.
The share’s performance:
+50% in 12 months
The share has made a notable leap. From its IPO price of €4, it is now trading at around €6. This represents an increase of approximately 50%. The performance becomes even more impressive when one also takes into account the dividend distribution carried out in 2025.
The strategic plan, strong fundamentals, and excellent share price performance led to Alter Ego Media’s inclusion in significant indices, such as the ASE General Index and the FTSE/Athex Mid Cap. Already, from its first year of stock market presence, Alter Ego Media is counted among the most important Greek listed companies, strengthening both its standing and its visibility among selective institutional portfolios.
Investor confidence
The distribution of a dividend of €0.10 per share came as a first tangible reward from the Group’s management to its shareholders—indeed, much earlier than one might have expected.
At the same time, the company announced a three-year scrip dividend program of up to €30 million. Shareholders welcomed the program enthusiastically. It was also an opportunity to renew their confidence in the Group’s prospects. More than 85% of the total distributed dividend was reinvested in shares, further strengthening the company’s capital base.
Alter Ego Media has established its position within the investment community as an attractive investment. Both private and institutional investors appear to agree on this. Today, nearly 10% of Alter Ego Media’s share capital is held in the portfolios of institutional investors.
Strategic acquisitions and expansion into new markets
More than 75% of the capital raised through the public offering has already been invested, in accordance with the planned strategy. The Group’s portfolio of historic and emblematic media outlets was significantly strengthened through the acquisition of websites. The addition of Newsit.gr, Tlife.gr, Zappit.gr, Iatropedia.gr, Onalert.gr, and Perpetual.gr further intensified the Group’s footprint in digital media.
The year 2025 also marked something else: Alter Ego Media’s entry into Live Entertainment through its investment in Stages Network, an innovative platform for artistic and entertainment productions. Through the 10 historic theaters and the single multipurpose venue it operates, Stages Network brings Alter Ego Media closer to new audiences, strengthening and diversifying the Group’s revenue streams. Alter Ego Media now bases its growth on four strategic pillars: Broadcasting, Publishing, Content Creation, and Live Entertainment. These are complementary sectors that unlock new synergies and prospects for the Group.
With the assurance of reliable information
Before its entry into the Stock Exchange, Alter Ego Media was often perceived mainly through the historical weight and reputation of its individual media outlets. One year later, this image has changed.
The market now perceives Alter Ego Media as something more than the sum of its individual outlets: it recognizes a group with a clear strategic orientation and multiple growth axes, positioned in the new business environment with terms of financial discipline and sustainability.
The new Media & Entertainment world shaped by Alter Ego Media reflects this transition, offering the public the assurance of reliable information, the richness of quality content, and the uniqueness of the live experience.
