REG - Hellenic Telecomms - Announcement Cancellation & Deletion of Shares

Hellenic Telecommunications Organization SAAnnouncement

22/07/2024 08:45

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RNS Number : 2618X  Hellenic Telecomms Organization S A  22 July 2024

 
Announcement Cancellation & Deletion of Shares

 

Αthens, July 22, 2024 - Hellenic Telecommunications Organization S.A. ("OTE
S.A." or the "Company") announces the following:

As already in public, the Ordinary Shareholders' General Meeting, held on
28/06/2024, decided among other issues, pursuant to article 49 of L.
4548/2018, the cancellation of 5,308,440 own shares, with a nominal value of
€2.83 each, with a corresponding reduction of its share capital by
€15,022,885.20 and the corresponding amendment of article 5 (Share Capital)
of the Company's Articles of Incorporation.

These shares were acquired from 01/11/2023 till 31/05/2024, with an average
purchase price of €13.59 within the framework of the Own Share Buy Back
Program as approved by the General Shareholders Meeting (meeting of 18/01/2022
& 30/11/2023).

Following this capital reduction due to the cancellation of 5,308,440 shares,
the Company's share capital amounts to €1,167,922,811.59 (from
€1,182,945,696.79 before the reduction) divided into 412,693,573 registered
shares (from 418,002,013 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 3319658ΑΠ/08.07.2024 which was registered in the General
Commercial Registry (G.E.MI.) on 08.07.2024.

The Athens Stock Exchange's Corporate Actions Committee has been notified in
its meeting held on 19.07.2024

Following the above, 24.07.2024 has been set as the date for the cancellation
and deletion from the Athens Stock Exchange of the aforementioned 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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