REG - Hellenic Telecomms - Announcement Cancellation & Deletion of Shares

Hellenic Telecommunications Organization SAAnnouncement

15/12/2023 08:15

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RNS Number : 9770W  Hellenic Telecomms Organization S A  15 December 2023

Announcement Cancellation & Deletion of Shares

 

Αthens, December 15, 2023 - Hellenic Telecommunications Organization S.A.
("OTE S.A." or the "Company") announces the following:

As already in public, the Extraordinary Shareholders' General Meeting, held on
30/11/2023, decided among other issues, pursuant to article 49 of L.
4548/2018, the cancellation of 8,245,534 own shares, with a nominal value of
€2.83 each, with a corresponding reduction of its share capital by
€23,334,861.22 and the corresponding amendment of article 5 (Share Capital)
of the Company's Articles of Incorporation.

These shares were acquired during the period from 01/05/2023 to 31/10/2023,
with an average purchase price of €13.99 within the framework of the Own
Share Buy Back Program as approved by the General Shareholders Meeting
(meeting of 18/01/2022).

Following this capital reduction due to the cancellation of 8,245,534 shares,
the Company's share capital amounts to €1,182,945,696.79 (from
€1,206,280,558.01 before the reduction) divided into 418,002,013 registered
shares (from 426,247,547 registered shares before the cancellation), with a
nominal value of €2.83 each.

The aforementioned amendment of article 5 of the Company's Articles of
Incorporation has been approved by virtue of a decision of the Ministry of
Development, number 3172325/ΑΠ/12-12-2023 which was registered in the
General Commercial Registry (G.E.MI.) on 12.12.2023.

The Athens Stock Exchange's Corporate Actions Committee has been notified in
its meeting held on 14.12.2023.

Following the above, 19.12.2023 has been set as the date for the cancellation
and deletion from the Athens Stock Exchange of the 8,245,534 own shares. From
this date on, trading of the aforementioned shares will cease.

 FOR FURTHER INFORMATION:

 OTE GROUP INVESTOR RELATIONS

 Τel. + 30 210-6117364, +30 210-6118190

 E-mail: iroffice@ote.gr (mailto:iroffice@ote.gr) , eboua@ote.gr
 (mailto:eboua@ote.gr) , sziavra@ote.gr

 

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