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2003

20/02/2003

Acquisition by the company of its own shares

The Board of Directors of MOTOR OIL (HELLAS) announces that the Extraordinary General Meeting of the Company’s shareholders of 19th February 2003, approved the acquisition by the company of its own shares through the Athens Stock Exchange according to the article 16 par.5 of K.N. 2190/1920 to support the share price subject to the following conditions: 

1.Maximum number of shares up to 1% of total issued and outstanding shares, up to 1.107.800 shares. 

2.Maximum price € 10.30 per share. 

3.Minimum price € 5.00 per share. 

4.Validity within 12 months from approval by the General Meeting.

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