28/03/2024 17:25:03

Announcement in the Context of Law 3556/2007

It is hereby announced that on August 30th, 2010, PETROSHARES LIMITED sold 900,000 MOTOR OIL (HELLAS) S.A. shares of total value  € 7,200,000.

The present announcement is made in the context of article 6, par. 1(b) case (iv) of the Capital Market Commission Decision 3/347/12.7.2005, since the Board of Directors of PETROSHARES LIMITED consists of Messrs. Vardis J. Vardinoyannis, John V. Vardinoyannis, Panayotis N. Kontaxis and Petros T. Tzannetakis.

The above individuals are, respectively, Chairman, Executive Vice-Chairman, Non – Executive Vice -Chairman and Executive Member of the BoD of MOTOR OIL (HELLAS) S.A. and, therefore, obliged to acknowledge their stock exchange transactions on Company shares according to article 13 of Law 3340/2005.

Maroussi, August 31st, 2010

 

Shareholder Voting Rights Percentage Change Announcement Pursuant to Law 3556/2007

According to the article 9, paragraph 1 of the Law 3556/2007, MOTOR OIL (HELLAS) S.A. announces that on August 30th , 2010 its shareholder under the legal name PETROSHARES LIMITED sold 900,000 shares and, as a result, its direct stake in the company has been reduced to 4.87%.

Maroussi, August 31st, 2010

 

Announcement of business developments

MOTOR OIL (HELLAS) CORINTH REFINERIES S.A. hereby announces the establishment jointly with the MYTILINEOS S.A. – GROUP OF COMPANIES of a company under the legal name “M and M NATURAL GAS S.A.”, trade name “M & M GAS Co S.A.” and the commencement of its operations.

The two partners will participate with a 50% stake each in the initial share capital of two million (2,000,000) Euros of the newly established company which will engage in the supply and trading of natural gas (in liquefied or other form).

The objective for the establishment of the company is twofold:

1.To fulfill the needs of the MYTILINEOS and MOTOR OIL Groups in natural gas under competitive economic terms

2.To sell natural gas to third parties

The company was registered in the Societes Anonymes Registry of Greek Companies on August 8th, 2010 and its headquarters will be located within the MYTILINEOS GROUP headquarters at Marousi (5-7 Patroklou str.).

 
Maroussi, 30 August 2010

The Board of Directors

 

Announcement in the context of Law 3556/2007

It is hereby announced that on August 25th, 2010, Mr. Petros T. Tzannetakis, Deputy Managing Director – Chief Financial Officer and Executive BoD Member (person obliged to acknowledge his Stock Exchange transactions on Company shares, according to article 13 of Law 3340/2005), bought 500 Company shares of total value  € 3,900.

 
Maroussi, August 26th, 2010

 

Announcement in the Context of Law 3556/2007

It is hereby announced that on August 23rd, 2010, PETROSHARES LIMITED sold 600,000 MOTOR OIL (HELLAS) S.A. shares of total value  € 4,800,000.

The present announcement is made in the context of article 6, par. 1(b) case (iv) of the Capital Market Commission Decision 3/347/12.7.2005, since the Board of Directors of PETROSHARES LIMITED consists of Messrs. Vardis J. Vardinoyannis, John V. Vardinoyannis, Panayotis N. Kontaxis and Petros T. Tzannetakis.

The above individuals are, respectively, Chairman, Executive Vice-Chairman, Non – Executive Vice -Chairman and Executive Member of the BoD of MOTOR OIL (HELLAS) S.A. and, therefore, obliged to acknowledge their stock exchange transactions on Company shares according to article 13 of Law 3340/2005.

Maroussi, August 24th, 2010