Announcement
ATHENS, Greece –December 13, 2013 –Hellenic Telecommunications Organization SA(OTE S.A. or Company) (ASE: HTO, OTC MARKET: HLTOY), the Greek full-service telecommunications provider, informs its shareholders, in accordance with §2 art. 19 of Law 3556/2007 and in view of the Extraordinary General Meeting of Shareholders, which will take place on Monday, December 30 2013 at 16:00, at the Company's headquarters (99, Kifisias Avenue, Marousi), that following the approval of the capitalization of tax-free reserves from non-taxable profits of previous years, by increasing the nominal value of the Company's share at an amount to be determined by the said Extraordinary General Meeting of Shareholders (6th agenda item) or by any Repeated Meeting, Article 5 (Share Capital) of the Company's Articles of Incorporation must consequently be amended.
Draft amendment of Article 5:
“Article 5-Share Capital
1. The share capital of the Company amounts to Euros ………………….. and is divided into four hundred ninety million, one hundred fifty thousand three hundred eighty-nine (490,150,389) ordinary registered shares of nominal value ……………………. (………) each.
2. The Share capital was determined as follows:
(a) ……………..
(b) ……………..
(c) ……………...
(d) ………………..
(e) ………………….
(f) …………….
(g) ……………...
(h) Pursuant to a resolution dated 30.12.2013 of the Extraordinary General Assembly of the Shareholders, the nominal value of the shares was increased at an the amount of……… Euros and ……….. cents (€….) due to capitalization, of tax-free reserves from non-taxable profits of previous years, according to L.4172/2013. Following the above increase of the nominal value of the share, the Company's share capital amounts to ……………………… Euros and…………………… cents (€) and is divided into four hundred ninety million, one hundred fifty thousand three hundred eighty-nine (490,150,389) ordinary registered shares of nominal value ……. Euros and ……..cents (€……..) each”.
Attachment