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With reference to its previous announcement made earlier today, MOTOR OIL )HELLAS) S.A. clarifies that the stock exchange transaction (purchase) of Mr. Petros T. Tzannetakis (Deputy Managing Director – Chief Financial Officer and Executive BoD Member) took place on Thursday, June 23rd, 2011 and not on Friday, June 24th 2011 (as originally announced).
Maroussi, June 27th, 2011
It is hereby announced that on June 24th, 2011, 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 € 4,225.
Maroussi, June 27th, 2011
MOTOR OIL (HELLAS) S.A. hereby announces that on June 8th , 2011 its shareholder under the legal name Motor Oil Holdings S.A. notified that it is in possession of 45,151,712 Company shares corresponding to 40.757% of the voting rights of the Company.
The above mentioned percentage refers to the voting rights of the Company controlled by Motor Oil Holdings S.A. both directly (140,443 shares – 0.127% of voting rights) and indirectly through the legal entity PETROVENTURE HOLDINGS LIMITED (45,011,269 shares – 40.630% of voting rights).
According to its previous official notification made on June 1st, 2011, Motor Oil Holdings S.A. controlled 45.483% of the voting rights of the Company.
The present announcement is made pursuant to article 9 of the Law 3556/2007 since the percentage variance of the voting rights of the Company controlled by the shareholder under such acknowledgement obligation constitutes a change in excess of 3 percentage units.
June 6th, 2011 is the date of the stock exchange transaction which resulted in a voting rights variance change in excess of 3 percentage units. Prior to the critical date, Motor Oil Holdings S.A. directly and indirectly controlled 43.120% of the voting rights of the Company.
Maroussi, June 9th, 2011
Following an update received on June 6th, 2011 from its shareholder under the legal name DOSON INVESTMENTS COMPANY (holder of 9,726,171 Company shares corresponding to 8.78% of the voting rights), MOTOR OIL (HELLAS) S.A. hereby announces that Messrs Nikos and John Th. Vardinoyannis participate jointly in the share capital of the entity under notification obligation with a stake of 50% each. Therefore, DOSON INVESTMENTS COMPANY can not be regarded a controlled entity pursuant to the definitions of article 3 of the Law 3556/2007.
Maroussi, June 8th, 2011
It is hereby announced that on June 6th, 2011, PETROVENTURE HOLDINGS LIMITED sold through an Over-The-Counter (OTC) transaction 2,617,785 MOTOR OIL (HELLAS) S.A. shares of total value € 23,560,065.
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 PETROVENTURE HOLDINGS 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 the Law 3340/2005.
Maroussi, June 7th, 2011
It is hereby announced that on June 2nd, 2011, PETROVENTURE HOLDINGS LIMITED sold through an Over-The-Counter (OTC) transaction 2,617,785 MOTOR OIL (HELLAS) S.A. shares of total value € 23,560,065.
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 PETROVENTURE HOLDINGS 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 the Law 3340/2005.
Maroussi, June 6th, 2011
MOTOR OIL (HELLAS) S.A. hereby announces that on June 1st, 2011 its shareholder under the legal name Motor Oil Holdings S.A. notified that it is in possession of 50,387,282 Company shares corresponding to 45.483% of the voting rights of the Company.
The above mentioned percentage refers to the voting rights of the Company controlled by Motor Oil Holdings S.A. both directly (140,443 shares – 0.127% of voting rights) and indirectly through the legal entity PETROVENTURE HOLDINGS LIMITED (50,246,839 shares – 45.356% of voting rights).
According to its previous official notification made in September 2010, Motor Oil Holdings S.A. controlled 52.607% of the voting rights of the Company.
The present announcement is made pursuant to article 9 of the Law 3556/2007 since the percentage variance of the voting rights of the Company controlled by the shareholder under such acknowledgement obligation constitutes a change in excess of 3 percentage units and at the same time the percentage of the voting rights of the Company possessed by the shareholder fell below the 50% threshold.
May 30th, 2011 is the date of the stock exchange transaction which resulted in a voting rights variance change in excess of 3 percentage units and the percentage of voting rights possessed by the shareholder dropped below the 50% threshold. Prior to the critical date, Motor Oil Holdings S.A. directly and indirectly controlled 51.127% of the voting rights of the Company.
Maroussi, June 2nd, 2011
It is hereby announced that on May 30th, 2011, PETROVENTURE HOLDINGS LIMITED sold through an Over-The-Counter (OTC) transaction 6,252,481 MOTOR OIL (HELLAS) S.A. shares of total value € 56,272,329 to DOSON INVESTMENTS COMPANY.
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.
More specifically, the Board of Directors of PETROVENTURE HOLDINGS LIMITED consists of Messrs. Vardis J. Vardinoyannis, John V. Vardinoyannis, Panayotis N. Kontaxis and Petros T. Tzannetakis who are, respectively, Chairman, Executive Vice-Chairman, Non-Executive Vice-Chairman and Executive Member of the BoD of MOTOR OIL (HELLAS) S.A., while DOSON INVESTMENTS COMPANY is closely associated with Mr. Nikos Th. Vardinoyannis, Non-Executive BoD Member of MOTOR OIL HELLAS S.A.
All above individuals are obliged to acknowledge their stock exchange transactions on Company shares according to article 13 of Law 3340/2005.
Maroussi, June 2nd, 2011
MOTOR OIL (HELLAS) S.A. hereby announces that on June 1st, 2011 its shareholder under the legal name DOSON INVESTMENTS COMPANY notified that it is in possession of 9,726,171 Company shares corresponding to 8.78% of the voting rights of the Company.
DOSON INVESTMENTS COMPANY is an entity jointly controlled by Messrs Nikos and John Th. Vardinoyannis the former of whom is a Non-Executive member of the Board of Directors of MOTOR OIL (HELLAS) S.A. and personally in possession of an additional number of 2,590 Company shares corresponding to a negligible voting rights percentage.
The present announcement is made pursuant to article 9 of the Law 3556/2007 since the percentage of the voting rights possessed by DOSON INVESTMENTS COMPANY exceeds the 5% threshold.
May 30th, 2011 is the date of the stock exchange transaction as a result of which the percentage of Company voting rights possessed by the shareholders under notification obligation exceeded the 5% threshold. Prior to the critical date, DOSON INVESTMENTS COMPANY controlled 3.14% of the voting rights of the Company.
Maroussi, June 2nd, 2011