Announcement – Regulated information
December 10, 2024
Public Power Corporation S.A. (the “Company”) informs the investors’ community, as already has been announced, that the Extraordinary General Meeting of the Shareholders of the Company held on 04.11.2024 decided, among others, the decrease of its share capital by € 31,570,400 with a corresponding decrease of total shares from 382,000,000 to 369,270,000 common registered shares due to cancellation of 12,730,000 own shares according to article 29 of L. 4548/2018.
The abovementionned shares were acquired from 14.06.2022 until 15.09.2023, at an average price of €7.58 per share, within the framework of the resolutions of the Extraordinary General Shareholders’ Meetings held on 04.06.2021 and 03.08.2022 as well as the decisions of its Board of Directors from 21.12.2021 and 20.09.2022, respectively.
Following the abovementioned decrease, the Company’s share capital amounts to € 915,789,600, divided into 369,270,000 common registered shares, with a nominal value of € 2.48 each.
On 26.11.2024 the decision of the Ministry of Development, number 3494055 was registered in the General Commercial Registry (G.E.MI.), by which the amendment of article 5 with regard to its Share Capital of the Company’s Articles of Incorporation was approved. The Athex Stock Exchange (ΑΤΗΕΧ) was notified of the abovementioned decrease of share capital due to cancellation of shares on 10.12.2024.
Following the above, 13.12.2024 has been set as the date for the cancellation and deletion from the AΤΗΕΧ of the aforementioned own shares.
For further information please contact the Company’s Shareholder Services Unit (tel. 210 5293207 Ms. Chrysoula Tsiaka, cass@ppcgroup.com) 30 Chalkokondili st., Athens GR-104 32).