GEK Terna Real Estate Construction : Purchase of GEK TERNA's Shares
January 14, 2019 at 09:10 am
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Athens, January 14, 2019
Announcement
GEK TERNA S.A. informs the investors that, in compliance with article 4 par. 4 of the Regulation no. 2273/2003 of the Commission of the European Communities and according to article 16 of the Codified Law 2190/1920, as amended and currently in force, as well as by virtue of the Decision of the Regular General Assembly of its Shareholders dated 27.06.2018 and the Decision of the Board of Directors dated 27.06.2018, proceeded on January 11, 2019 through the member of the A.S.E. BETA Securities, with the purchase of 7,000 GEK TERNA's shares at an average price of 4.2650 euros per share and at a total transaction value of 29,855.01 euros.
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Disclaimer
GEK Terna Holding Real Estate Construction SA published this content on 14 January 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 14 January 2019 09:08:08 UTC
GEK TERNA Holdings, Real Estate, Construction S.A. is a holding company organized around 5 areas of activity:
- electricity production (73,1% of net sales): from renewable energies and from natural gas ;
- infrastructure construction (21.3%): power plants, highways, etc.;
- infrastructure management under concession agreements (5.1%): highways, parking lots, etc.;
- production of industrial facilities and construction materials (0.4%): pylons, struts, wood constructions, cements, etc. ;
- real estate development and property management (0.1%).
Net sales are distributed geographically as follows: Greece (93.2%), Balkans (5.3%), Eastern Europe (0.8%) and others (0.7%).