Orco Property Group has announced the issue of 165,940 new shares at EUR 65.56/share (5% discount), which represents 2.38% of total stake, within the PACEO program. The issuance brings the program to a close, as it raises the number of shares to 1,000,000, which is the maximum volume allowed by the program. As a result of the issue, Orco’s current share capital stands at 6,963,518 shares. This development should have no trading impact on the stock.