ANNOUNCEMENT
PPC S.A. announces that the Board of Directors approved the joint establishment with DAMCO ENERGY S.A., of a Societe Anonyme under the tradename “PPC SOLAR SOLUTIONS S.A.” and the signing of the Shareholders Agreement and the Articles of Incorporation of the above company.
The share capital of PPC SOLAR SOLUTIONS S.A. will amount to 2,000,000 Euros and PPC S.A. will participate with a percentage of 49%.
The company’s objective will be the promotion, via a national network of shops using the method of franchising, of integrated solutions for household photovoltaic systems, the provision of energy services and products of energy saving, as well as the provision of customer services for the clients of PPC S.A.
Athens, August 8, 2013