Notification concerning change in voting rights according to the L. 3556/2007

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Piraeus, 15/02/2012

 

 

Notification concerning change in voting rights according to the L. 3556/2007


Piraeus Port Authority S.A. notifies that according to the Law 3556/2007 and the relevant notification of 14/2/11, the Greek Government transferred 5.775.000  shares of PPA SA, namely 23,1%, as well as the equal number of voting rights to the “Hellenic Republic Asset Development Fund SA”.
The change in the voting rights was effected following the execution of an over the counter transaction, in compliance with the provisions of Law 3986/2011 (Gov. Gaz. 152 A') and decision no. 195/2011 (Gov. Gaz. 2501/B') by the Inter-ministerial Committee for Restructuring and Privatisations.
By controlling 100% of the “Hellenic Republic Asset Development Fund SA”, the Greek Government indirectly controls the aforementioned voting rights.
Based on the above, a) the percentage of the Greek Government in the share capital of PPA SA now amounts to 51,04% and b) the percentage of the “Hellenic Republic Asset Development Fund SA” amounts to 23,1%.