Last checked at 30 Apr 2014 17:44
Αnnouncement
ATHENS, Greece - April 30, 2014 - Hellenic Telecommunications Organization SA (ASE: HTO, OTC MARKET: HLTOY), the Greek full-service telecommunications provider (the Company), today held the Extraordinary General Meeting, at which 67.97% of its Shareholders were present.
During the meeting, the Items of the Agenda were discussed and decisions by majority of votes were reached. In this framework, the amendment of Article 2 (Object) of the Company's Articles of Incorporation was approved, special permission was granted, pursuant to Article 23a of C.L.2190/1920, on the conclusion of a brand license agreement(s) between affiliated companies of OTE S.A., namely Romtelecom and Cosmote Romania (Licensees) and Deutsche Telekom AG (Licensor) and the basic terms of the agreement(s) were approved, finally, the required majority vote for approval was not received by the Item regarding "the proportional reduce of the remuneration of the directors and the executives of OTE, as long as the Medium Term Framework of Fiscal Strategy 2012-2015 is in effect, according to paragraph 2, article 6 of Law 4092/2012".
About OTE
OTE Group is Greece's leading telecommunications organization and one of the pre-eminent players in Southeastern Europe, providing top-quality products and services to its customers.
Consisting of the parent company OTE S.A. and its subsidiaries, the Group offers fixed-line (voice, broadband, data and leased lines) TV and mobile telephony services in Greece and Romania, as well as mobile telephony services in Albania. The Group is also involved in a range of activities in Greece, notably in real-estate and professional training.
OTE is listed on the Athens Stock Exchange and the London Stock Exchange. Following OTE's delisting from the NYSE, OTE's ADSs (American Depositary Shares) trade in the OTC (Over the Counter) market under the ticker HLTOY through the Level I ADSs program.
Additional Information is also available on https://www.ote.gr.
Contacts:
Dimitris Tzelepis - Head of Investor Relations
Tel: +30 210 611 1574, Email: dtzelepis@ote.gr
Maria Kountouri - Assistant to the Head of Investor Relations
Tel: +30 210 611 5381, Email: mkountouri@ote.gr
Kostas Maselis - Senior Financial Analyst, Investor Relations
Tel: + 30 210 611 7593, Email: kmaselis@ote.gr
Sofia Ziavra - Financial Analyst, Investor Relations
Tel: + 30 210 611 8190, Email: sziavra@ote.gr
Daria Kozanoglou - Senior Communications & Regulatory Affairs Officer,
Investor Relations
Tel: +30 210 611 1121, Email: nkozanoglou@ote.gr
Eleni Agoglossaki - Communications & Regulatory Affairs Officer, Investor Relations
Tel: +30 210 611 7880, Email: eagoglossak@ote.gr
Manousos Apostolakis - Communications & Regulatory Affairs Officer, Investor Relations
Tel: +30 210 611 6418, Email: mapostolakis@ote.gr