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Announcement of Regulated Information

30 May 2017 07:00

RNS Number : 4607G
Hellenic Telecomms Organization S A
29 May 2017
 

Announcement of Regulated Information-Buyback Intention

 

Athens, May 29, 2017 - Hellenic Telecommunications Organization S.A. (OTE S.A. or Company), announces its intention to buyback, from 30/5/2017 until 09/6/2017, 34,000 own shares, namely about 0.007% of the Company's paid-up share capital, at a maximum purchase price of €15 per share and a minimum purchase price of €2 per share, by virtue of the decision of the Ordinary General Shareholders' Meeting dated June 12, 2015.

 

OTE S.A. intends to purchase the above shares within the framework of implementation of the executives' incentive programs, as approved by the Company's Shareholders' General Meeting.

 

The purchase will be made in accordance with the Greek and EU legislation on buy-back programs, as in force.

 

The announcement is issued in accordance with Regulation No 596/2014 of the European Parliament and of the Council on market abuse, the Commission Delegated Regulation 2016/1052 and the Athens Exchange Rulebook.

 

 

 

FOR FURTHER INFORMATION:

OTE GROUP INVESTOR RELATIONS

Τel. +30 210-6111574

E-mail: iroffice@ote.gr

Fax: +30 210-6111030

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
POSBKLFLDEFLBBV
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