30 May 2017 07:00
Announcement of Regulated Information-Buyback Intention
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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.
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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.
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The purchase will be made in accordance with the Greek and EU legislation on buy-back programs, as in force.
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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.
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FOR FURTHER INFORMATION:
OTE GROUP INVESTOR RELATIONS Τel. +30 210-6111574 E-mail: iroffice@ote.gr Fax: +30 210-6111030 |
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