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Pin to quick picksOte Ads Regulatory News (OTES)

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Transfer of own shares

12 May 2014 08:15

RNS Number : 8242G
Hellenic Telecomms Organization S A
12 May 2014
 

ANNOUNCEMENT

 

 

TRANSFER OF OWH SHARES

 

 

ATHENS, Greece - May 12, 2014 - Hellenic Telecommunications Organization SA (ASE: HTO, OTC MARKET:HLTOY), the Greek full-service telecommunications provider, announces that 

on 9/5/2014 has proceeded with the transfer (Over the Counter- OTC) of 5,270,490 own shares, representing 1.08% of the Company's paid-up share capital, to 484 beneficiaries of the approved, by the General Meeting of the Company's Shareholders, "Stock Option Plan" due to the exercise of equal number of Vested Rights, as follows:

 

· 2,118,609 own shares at the price of €4.49 per share

· 2,020,520 own shares at the price of €4.77 per share

· 1,099,601 own shares at the price of €5.635 per share

· 31,760 own shares at the price of €11.26 per share

 

Τhe total value of this transaction stood at €25,704,304.05.

 

Following this transaction, the Company holds today 454,120 own shares.

 

 

 

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

 

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