MOTOR OIL (HELLAS) S.A. hereby announces that on June 8th, 2011 its shareholder under the legal name Motor Oil Holdings S.A. notified that it is in possession of 45,151,712 Company shares corresponding to 40.757% of the voting rights of the Company.
The above mentioned percentage refers to the voting rights of the Company controlled by Motor Oil Holdings S.A. both directly (140,443 shares - 0.127% of voting rights) and indirectly through the legal entity PETROVENTURE HOLDINGS LIMITED (45,011,269 shares - 40.630% of voting rights).
According to its previous official notification made on June 1st, 2011, Motor Oil Holdings S.A. controlled 45.483% of the voting rights of the Company.
The present announcement is made pursuant to article 9 of the Law 3556/2007 since the percentage variance of the voting rights of the Company controlled by the shareholder under such acknowledgement obligation constitutes a change in excess of 3 percentage units.
June 6th, 2011 is the date of the stock exchange transaction which resulted in a voting rights variance change in excess of 3 percentage units. Prior to the critical date, Motor Oil Holdings S.A. directly and indirectly controlled 43.120% of the voting rights of the Company.