Gek Terna Real Estate Const : Purchase of GEK TERNA's Shares
January 09, 2017 at 10:23 am
Share
Athens, January 4, 2017
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 27.06.2016 and the Decision of the Board of Directors dated 27.06.2016, proceeded on January 3, 2017 through the member of the A.S.E. BETA Securities, with the purchase of 13,200 GEK TERNA's shares at an average price of 2.2971 euros per share and at a total transaction value of 30,321.79 euros.
GEK Terna Holding Real Estate Construction SA published this content on 04 January 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 09 January 2017 10:23:11 UTC.
Original documenthttp://www.gekterna.com/userfiles/PressReleases/announcements/en/2017/announcement_gekterna_04-01-2017_en.pdf
Public permalinkhttp://www.publicnow.com/view/AF9C96102003FFD2455448C22883212627A9D4B8
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%).