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With reference to the announcement dated 12 October 2018, MOTOR OIL (HELLAS) S.A. hereby announces that the agreement for the sale of the 50% stake the Company held in the M and M NATURAL GAS Co S.A. to the MYTILINEOS S.A. GROUP OF COMPANIES has been approved by the Regulatory Authority for Energy.
The transaction was completed on 14 January 2019.
Maroussi, 16 January 2019
With reference to its previous announcement dated November 12th, 2018 MOTOR OIL (HELLAS) S.A. hereby announces the ex-date, record date and payment commencement date of the year 2018 interim dividend amount of Euro 0.35 per share. The above amount is subject to a 15% tax imposed on dividends pursuant to paragraph 11 of article 112 of the Law 4387/2016 (Government Gazette A’ 85/12.05.2016) as amended with the Law 4389/2016 (Government Gazette A’ 94/27.05.2016).
Year 2018 ex-interim dividend date: Monday December 10th, 2018 (that is, prior to December 21st, 2018 which signifies the expiration date for the Futures Contracts on the Company´ s stock and on the FTSE/ATHEX LARGE CAP index, in which it is included).
Shareholders entitled to the year 2018 interim dividend: Company shareholders registered in the electronic files of the Dematerialized Securities System (S.A.T) dated Tuesday December 11th, 2018 (record date).
First day of payment of the year 2018 interim dividend: Monday December 17th, 2018.
Maroussi, November 20th, 2018
The Board of Directors
The Board of Directors of the Company in its meeting dated November 12th, 2018 decided the distribution of the amount of Euro 0.35 per share as an interim dividend for the year 2018. The above amount is subject to a 15% tax imposed on dividends pursuant to paragraph 11 of article 112 of the Law 4387/2016 (Government Gazette A’ 85/12.05.2016) as amended with the Law 4389/2016 (Government Gazette A’ 94/27.05.2016).
The interim dividend will be paid at least twenty (20) days following fulfillment of the publication requirements and procedures provided for by the Codified Law 2190/1920 as this Law has been amended and it is in force. The ex – interim dividend date as well as the interim dividend payment commencement date will be determined with a subsequent decision of the Board of Directors.
In any case the ex-interim dividend 2018 date will be before December 21st, 2018 which signifies the expiration date for the Futures Contracts on the Company´ s shares and on the FTSE/ATHEX LARGE CAP index in which it is included.
Maroussi, 12 November 2018
The Board of Directors
MOTOR OIL (HELLAS) CORINTH REFINERIES S.A. hereby announces that its Cyprus based wholly owned subsidiary under the legal name IREON INVESTMENTS LTD participated in the international competitive tender procedure, initiated by the Special Administrator of Cyprus Popular Bank Public Co. Ltd, for the acquisition of a :
jointly referred to as the “Assets”.
Following the evaluation process, IREON INVESTMENTS LTD was selected as the Preferred Bidder.
The Share Purchase Agreement (SPA) was signed on October 30, 2018 with the purchase price at EUR 73.5 million. The deal is subject to the approval by the relevant Competent Authorities.
Maroussi, 31 October 2018.
The Board of Directors
MOTOR OIL (HELLAS) S.A. hereby announces that the Interim Financial Statements and the Figures & Information for the period 1.1.2018 – 30.9.2018 will be available on the Company site www.www.moh.gr (Investor Relations / Financial Information / Quarterly Financial Statements) as well as on the HELEX site www.helex.gr after the close of business on Monday, November 12th, 2018.
Furthermore it is announced that the Figures & Information for the period 1.1.2018 – 30.9.2018 will be published in the daily press on Tuesday, November 13th, 2018 while a teleconference has been scheduled for the same day at 17:30 hrs local time (UK: 15:30, EASTERN US: 10:30).
Maroussi, October 31st, 2018
MOTOR OIL (HELLAS) S.A. hereby announces the agreement for the sale of the 50% stake it holds in the M and M NATURAL GAS Co S.A. to the MYTILINEOS S.A. GROUP OF COMPANIES which, as a result, will become the sole shareholder of the company mentioned above. The agreement is subject to the approval by the Regulatory Authority for Energy.
Furthermore MOTOR OIL (HELLAS) S.A. hereby announces the completion of the sale of the 50% stake it held in NUR-MOH HELIOTHERMAL ENERGY S.A. to NUR ENERGIE LTD which, as a result, became the sole shareholder of the company mentioned above.
The above movements form part of the strategy of MOTOR OIL (HELLAS) S.A. Group for the optimisation of its activities.
Maroussi, 12 October 2018
With reference to the relevant announcement dated 21 June 2018, MOTOR OIL (HELLAS) S.A. hereby informs the investment public that it has received the approval by the Competition Authority in order to proceed with the acquisition of a 90% stake of the company NRG TRADING HOUSE S.A. which engages in the energy sector as electrical energy supplier.
Maroussi, 5 September 2018
The Board of Directors
MOTOR OIL (HELLAS) S.A. hereby announces that the financial results of H1 2018 will be released after the close of business on Wednesday August 29th, 2018 while a teleconference has been scheduled for Thursday August 30th, 2018 at 17:30 hrs local time (UK: 15:30, EASTERN US: 10:30).
The Half Year Financial Report will be available on the Company website www.www.moh.gr (Investor Relations / Financial Information / Half Year Financial Reports) as well as on the HELEX site www.helex.gr after the close of business on Wednesday August 29th, 2018.
Maroussi, August 3rd, 2018
MOTOR OIL (HELLAS) CORINTH REFINERIES S.A. announces that it has entered into a share sale and purchase agreement for the acquisition of a 90% stake of the company NRG TRADING HOUSE S.A. (registered address: Kifisias Avenue & Sofokleous street, zip code: 151 26, Maroussi, GREECE). The selling shareholder is the Cyprus based company NRG GLOBAL ENERGY TRADING HOUSE LTD which is the sole shareholder of NRG TRADING HOUSE S.A. Following the completion of the transaction the stake of NRG GLOBAL ENERGY TRADING HOUSE LTD in NRG TRADING HOUSE S.A. will be reduced to 10%.
NRG TRADING HOUSE S.A. commenced its activities in 2012 and engages in the energy sector as electrical energy supplier while its current market share is above 1%. The portfolio of NRG TRADING HOUSE S.A. includes large business groups, small and medium sized enterprises, as well as household customers.
The agreement is subject to the approvals by the competent authorities. MOTOR OIL (HELLAS) CORINTH REFINERIES S.A. will update the investment community regarding the progress of the transaction with subsequent announcements or through its interim and yearly financial reports.
Maroussi, June 21st, 2018
The Board of Directors