Investor Relations - 29.07.2016

Update on settlements plan

                                                           ANNOUNCEMENT

 

PPC S.A. informs that under the new settlements plan with 36 installments without advance payment, which was introduced as of 01.04.2016, the active settlements increased by app. €545 million from app. €300 million at 31.03.2016 to app. €845 million today while settlements amounting to €31 million were successfully concluded. The amount received until today under the new settlement plan is in the order of €35 million. 

 

It is reminded that following the significant response from industrial and commercial clients as well as households, towards this new favourable settlements plan, the deadline for entering the plan was extended to September 30th, 2016.

Athens, July 29, 2016