Corporate Announcements

In the midst of unfavourable circumstances (Syria, Ukraine, N. Africa, Middle East, etc.), which affect the sizes of maritime transport industry, for the fifth (5th) year running the PPA showed profits.
Informing its shareholders and the investors community about the decision of the Directorate General for Competition (State aid complaint CP / 202/2009) for certain terms of the Concession Agreement PPA-COSCO, PPA SA makes known the following:
Concerning various articles about audit findings for projects executed during the period 2007 - 2009 and which first PPA SA has since 2012 sent to the prosecuting authorities, the following are known
With the participation of 82.69% of shareholders, completed the Extraordinary General Meeting of shareholders of PPA SA, which took place at  the headquarters of the company.
In accordance with the Companies Law about the Societes Anonymes, as it is in effect, the articles of association of the Company and following the decision of the Board of Directors, the Shareholders of P.P.A S.A are invited to the Extraordinary General Meeting which will be held on Saturday, 20 December 2014, at 12.00 a.m at the Central Offices of the Company 
An increase of 6.36% in profits after taxes presented in the 9M 2014 PPA SA comparing with the same period January - September 2013.
Signed today 27.11.2014 the B’ Modification of the Concession Agreement between the Chairman and Maaging Director of PPA SA Mr. Yiorgos Anomeritis and Managing Director of PCT SA cpt. Fu Cheng Qiu, the presence of the Minister of Shipping, Maritime Affairs and the Aegean Mr. Miltiadis Varvitsiotis. 
Regarding announcements and publications, concerning the signed Concession Agreement between PPA SA and PCT SA for the construction of the Western Pier III etc. in relation with the Court's reasoning and operating part are known for the accuracy of the events the following: 
The Adjourned Extraordinary General Meeting of Shareholders of PPA SA took place, on the approval of the Second Amendment to the Concession Agreement of  PPA S.A. - PCT S.A.
The Board of Directors of PPA SA approved the new revised, following the judgment of the Court of Auditors, draft text of Second Modification by amicable settlement for the construction of the Western Pier III etc