30 Nov 2015 17:10
ANNOUNCEMENT
THE PRESENT DOCUMENT IS NOT INTENDED FOR RELEASE, DISTRIBUTION OR PUBLICATION INTO OR IN THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN
OTE ANNOUNCES TENDER RESULTS FOR ïôå PLC 2016 and 2018 BONDS
Áthens, November 30, 2015 - The Hellenic Telecommunications Organization SA (OTE SA or Company), in accordance with Law 3556/2007, [article 3, par. 1 (f), (bb), and article 21], Law 3340/2005 and the relevant Decisions of the Hellenic Capital Market Commission, announces that:
OTE plc, a subsidiary of OTE SA, concluded a tender for cash of its May 2016 bonds (ISIN XS0275776283) and its February 2018 bonds (ISIN XS0885718782). OTE plc accepted tenders amounting to €240.1 million and €50 million of the May 2016 and the February 2018 bonds respectively. The May 2016 bonds and the February 2018 bonds were repurchased at a price of 101.5% and 109.408% respectively. The tendered bonds will be surrendered for cancellation. Following the completion of the transaction, which will settle on 01/12/2015, the outstanding principal amount of May 2016 bonds and February 2018 bonds will be €389.4 million and €650 million respectively.
This announcement must be read in conjunction with the Tender Offer Memorandum dated 23 November 2015 published by OTE plc. No offer or invitation to acquire or sell any securities is being made pursuant to this announcement. The distribution of this announcement and the Tender Offer Memorandum in certain jurisdictions may be restricted by law. Persons into whose possession this announcement and/or the Tender Offer Memorandum come are required to inform themselves about, and to observe, any such restrictions.
About OTE
OTE Group is Greece's leading telecommunications company and one of the pre-eminent operators in Southeast Europe, providing top-quality 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), pay TV, ICT services and mobile telephony services in Greece and Romania, as well as mobile telephony services in Albania.
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.cosmote.gr.
Contacts:
Evrikos Sarsentis - Head of OTE Group Mergers, Acquisitions and Investor RelationsTel: +30 210 611 1574, Email: esarsentis@ote.grMaria Tsavdaridou - Assistant to the Head of OTE Group Mergers, Acquisitions and Investor RelationsTel: +30 210 611 5036, Email: mtsavdaridou@ote.grKostas Maselis - Deputy Director, Investor RelationsTel: + 30 210 611 7593, Email: kmaselis@ote.grSofia Ziavra - Financial Analysis Manager, Investor RelationsTel: + 30 210 611 8190, Email: sziavra@ote.grChristina Hadjigeorgiou, - Senior Financial Analyst, Investor RelationsTel: + 30 210 611 1428, Email: cchatzigeo@ote.grManousos Apostolakis - Communications & Regulatory Affairs Officer, Investor RelationsTel: +30 210 611 6418, Email: mapostolakis@ote.gr Maria Delenika - Communications & Regulatory Affairs Officer, Investor RelationsTel: +30 210 617 7981, Email: mdelenika@cosmote.gr
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