MOTOR OIL (HELLAS) S.A. hereby announces that the Annual Ordinary General Assembly of Company shareholders of May 26th, 2011 approved the share capital decrease of the Company for a Euro amount of 27,695,745 through the reduction of the nominal value of Company shares from Euro 1.20 to Euro 0.95 and return of capital to the shareholders in cash of Euro 0.25 per share. Company shareholders registered in the electronic files of the Dematerialized Securities System (S.A.T.) dated Wednesday October 5th, 2011 (record date) for MOTOR OIL (HELLAS) S.A. are entitled to the return of capital amount.
From Monday October 3rd, 2011 the shares of the Company will trade on the ATHEX under the new nominal value of Euro 0.95 per share and ex-return of capital to the shareholders in cash of Euro 0.25 per share. On the same date, the opening price of the shares of the Company on the ATHEX will be determined in accordance with the Athens Exchanges Rulebook in conjunction with Resolution 26 of the Board of Directors of the Athens Exchanges as it is in force.
The payment of the return of capital amount to Company shareholders will be effected on Tuesday October 11th, 2011 through the payee bank – BANK OF PIRAEUS S.A. – according to one of the following options:
1.Through the Dematerialized Securities System (S.A.T.) Operators (banks, brokerage – securities firms) according to the procedure defined in section 5.5 of the Athens Exchanges Rulebook and in article 39 of the Codified Regulation of the Operation of S.A.T. provided that the S.A.T. Operators have been duly authorized for the collection of the return of capital amount by the beneficiary shareholders
2.Shareholders who have revoked their authorization to their S.A.T. Operators with regard to the collection of the return of capital amount or, whose shares are kept at the Special account of their Dematerialization ID, will be attended to at any branch of BANK OF PIRAEUS S.A.
3.Shareholders not credited by their S.A.T. Operators, for whatever reason, will be attended to at any branch of BANK OF PIRAEUS S.A. from Monday October 17th, 2011.
For the cases 2 and 3 described above, shareholders can collect the return of capital amount in person until June 30th, 2012 by presenting to the payee bank a copy of their S.A.T. details and their Identification Card. Payment of the return of capital amount to a third person will only be possible by presenting to the payee bank, in addition to the documentation mentioned earlier, the relevant authorization including details of the shareholder as well as the authorized individual (name – surname, father’s name, Identification Card number, Tax Registration Number) and the authenticity of the signature of the beneficiary shareholder is verified by the Hellenic Police or other Public Authority.
After June 30th, 2012 the collection of the return of capital amount will be possible only from the Headquarters of the Company, Shareholders’ Office (12A Herodou Attikou Street, 151 24 Maroussi, tel.: +302108094194)
Maroussi, 22 September 2011
The Board of Directors
