Last checked at 13 Dec 2013 09:09
ANNOUNCEMENT
DRAFT AMENDMENT OF THE ARTICLES OF INCORPORATION
ATHENS, Greece -December 13, 2013 - Hellenic Telecommunications Organization SA (OTE S.A. or Company) (ASE: HTO, OTC MARKET: HLTOY), the Greek full-service telecommunications provider, informs its shareholders, in accordance with §2 art. 19 of Law 3556/2007 and in view of the Extraordinary General Meeting of Shareholders, which will take place on Monday, December 30 2013 at 16:00, at the Company's headquarters (99, Kifisias Avenue, Marousi), that following the approval of the capitalization of tax-free reserves from non-taxable profits of previous years, by increasing the nominal value of the Company's share at an amount to be determined by the said Extraordinary General Meeting of Shareholders (6th agenda item) or by any Repeated Meeting, Article 5 (Share Capital) of the Company's Articles of Incorporation must consequently be amended.
Draft amendment of Article 5:
"Article 5-Share Capital
1. The share capital of the Company amounts to Euros ………………….. and is divided into four hundred ninety million, one hundred fifty thousand three hundred eighty-nine (490,150,389) ordinary registered shares of nominal value ……………………. (………) each.
2. The Share capital was determined as follows:
(a) ……………..
(b) ……………..
(c) ……………...
(d) ………………..
(e) ………………….
(f) …………….
(g) ……………...
(h) Pursuant to a resolution dated 30.12.2013 of the Extraordinary General Assembly of the Shareholders, the nominal value of the shares was increased at an the amount of……… Euros and ……….. cents (€….) due to capitalization, of tax-free reserves from non-taxable profits of previous years, according to L.4172/2013. Following the above increase of the nominal value of the share, the Company's share capital amounts to ……………………… Euros and…………………… cents (€) and is divided into four hundred ninety million, one hundred fifty thousand three hundred eighty-nine (490,150,389) ordinary registered shares of nominal value ……. Euros and ……..cents (€……..) each".
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
Christina Hadjigeorgiou - Financial Analyst, Investor Relations
Tel: +30 210 611 1428, Email: cchatzigeo@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
Eftychia Tourna - Communications & Regulatory Affairs Officer, Investor Relations
Tel: +30 210 611 7236, Email:etourna@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