Pursuant to the provisions of section 4.1.3.3 of the Regulation of the Athens Exchange, MOTOR OIL (HELLAS) CORINTH REFINERIES S.A. (the Company) hereby announces that the Extraordinary General Assembly was convened on January 24th, 2024 at 10:00 hours at Athens Plaza hotel, Syntagma Square with shareholders being present representing a percentage of 70.08% of the share capital. The quorum percentage amounted to 71.74% because, according to the provisions of article 50 of the Law 4548/2018, the percentage of the own shares held by the Company was not taken into account.
The General Assembly of the Shareholders of the Company approved (a) the sale by ELLAKTOR S.A. and the purchase by the Company’s subsidiary MOTOR OIL RENEWABLE ENERGY SINGLE MEMBER S.A. (MORE) of 123,059,250 common registered shares with voting rights issued by the company ANEMOS RES S.A. corresponding to 25% of the aggregate and fully paid up share capital of ANEMOS RES S.A, for a total consideration of Euro 123,520,000 and b) the signing of the relevant draft Share Purchase Agreement (SPA) between MORE and ELLAKTOR S.A.
Moreover, the General Assembly authorized the Board of Directors of the Company to attend to all necessary arrangements for the execution by the Board of MORE of all the deeds required for the conclusion of the afore-mentioned transaction and the signing of the agreement.
Maroussi, 24 January 2024
The Board of Directors