REG - Hellenic Telecomms - Announcement of regulated information

Hellenic Telecommunications Organization SAAnnouncement

18/10/2024 16:30

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RNS Number : 8322I  Hellenic Telecomms Organization S A  18 October 2024

 

Announcement of Regulated Information

Αthens, October 18, 2024 - Hellenic Telecommunications Organization S.A.
("OTE") announces that in the context of tax audit of its 100% subsidiary
Telekom Romania Mobile ("TKRM") for the Fiscal Years 2017-2021, the Romanian
Tax Authority (ANAF) imposed €33.5 million additional tax charges
(principal), related to alleged VAT and Corporate Income Tax miscalculations,
which will be further increased due to penalties, interest and surcharges.

TKRM intends to make use of the provisions of Ordinance 107/2024 of Romania
which provides for the exemption from penalties, interest, and surcharges if
the principal amount is settled. At the same time, TKRM will also file for
annulment of the tax audit findings before the competent courts, in accordance
with the applicable legislation.

These amounts refer to past fiscal years and have no impact on the organic
performance of the Group.

 

The announcement is issued as a Regulated Information, in accordance with Law
3556/2007, [article 3, par. 1 (p) and article 21] and Regulation No 596/2014
(article 19) of the European Parliament and of the Council on market abuse.

 

FOR FURTHER INFORMATION:

OTE GROUP INVESTOR RELATIONS

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

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

 

 

 

 

 

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