GEK Terna Real Estate Construction : Purchase of GEK TERNA's Shares
July 25, 2017 at 03:29 am EDT
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Athens, July 25, 2017
Announcement
GEK TERNA S.A. informs the investors that, in compliance with article 4 par. 4 of the Regulation no. 2273/2003 of the Commission of the European Communities and according to article 16 of the Codified Law 2190/1920, as amended and currently in force, as well as by virtue of the Decision of the Regular General Assembly of its Shareholders dated 27.06.2016 and the Decision of the Board of Directors dated 27.06.2016, proceeded on July 24, 2017 through the member of the A.S.E. BETA Securities, with the purchase of 17,000 GEK TERNA's shares at an average price of 3.8736 euros per share and at a total transaction value of 65,851.20 euros.
GEK Terna Holding Real Estate Construction SA published this content on 25 July 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 25 July 2017 07:29:02 UTC.
Original documenthttp://www.gekterna.com/userfiles/PressReleases/announcements/en/2017/announcement_gekterna_25-07-2017_en.pdf
Public permalinkhttp://www.publicnow.com/view/A2A10FD45E446C5DAE05D60B888BEF965AF051A7
GEK TERNA Holdings, Real Estate, Construction S.A. is a holding company organized around 5 areas of activity:
- electricity production (73,1% of net sales): from renewable energies and from natural gas ;
- infrastructure construction (21.3%): power plants, highways, etc.;
- infrastructure management under concession agreements (5.1%): highways, parking lots, etc.;
- production of industrial facilities and construction materials (0.4%): pylons, struts, wood constructions, cements, etc. ;
- real estate development and property management (0.1%).
Net sales are distributed geographically as follows: Greece (93.2%), Balkans (5.3%), Eastern Europe (0.8%) and others (0.7%).