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Share Price Information for Ote Ads (OTES)

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Announcement of Regulated Information / Amendment

4 Jun 2018 15:36

RNS Number : 2401Q
Hellenic Telecomms Organization S A
04 June 2018
 

Announcement of Regulated Information

Amendment

 

Αthens, June 4, 2018 - Hellenic Telecommunications Organization S.A. ("OTE S.A." or the "Company") announces that:

 

Οn 31st May 2018, Deutsche Telekom AG and the Hellenic Republic, notified OTE S.A. that on 30/05/2018 the Hellenic Republic Asset Development Fund S.A. ("HRADF", a company 100% owned by the Hellenic Republic through the Hellenic Holding and Property Company S.A.) sold and Deutsche Telekom AG acquired a 5% stake of the Company, equivalent to 24,507,520 common registered shares and their corresponding voting rights. The transaction took place through the Athens Stock Exchange for a consideration of €284,051,959.81.

 

Following the aforementioned sale, the direct and indirect participation of HRADF in the share capital of OTE S.A has been eliminated, while the participation of Deutsche Telekom AG in the share capital of OTE S.A. now stands at 45%, equivalent to 220,567,676 common registered shares and to corresponding voting rights of the Company. In addition, following the aforementioned sale, the Hellenic Republic now holds directly 4,901,507 common registered shares with the corresponding voting rights of the Company (i.e. 1%) and indirectly, through the Unified Social Insurance Fund (EFKA), 19.606.015 common registered shares with the respective voting rights of the Company (i.e. 4%).

 

 

This announcement is issued as a Regulated Information, in accordance with Law 3556/2007.

 

 

FOR FURTHER INFORMATION:

OTE GROUP INVESTOR RELATIONS

Konstantinos Krokos

Manager/ Department of Financial Communication & Relations with Regulatory Authorities

Τel. + 30 210-6111121

Fax: + 30 210-6111030

E-mail: iroffice@ote.gr

 

 

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
MSCFMGGVDDFGRZM
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