Notification of acquisition of treasury shares, directly, exceeding the percentage of 5%
GEK TERNA SA informs the Investors that, following a transaction of buy-back of treasury shares, on March 11, 2020, the treasury shares held by the Company directly, exceeded the threshold of 5%.
Number of treasury shares held directly before the transaction: 5,153,482 thus percentage 4.9829% of the share capital.
Number of treasury shares held directly after the transaction: 5,172,059 thus percentage 5.0009% of the share capital.
It is noted that the subsidiary company TERNA SA holds 688,205 treasury shares thus a percentage 0.6654% of the share capital and the subsidiary company ILIOHORA SA holds 616,835 treasury shares thus a percentage 0.5964% of the share capital, therefore the total number of treasury shares held directly and indirectly before the transaction is 6,458,522 shares, thus a percentage of 6.2447% of the share capital.
It is reminded that the Investors have been notified by the company's announcement released on January 3, 2019 on the excess of the threshold of 5% of the treasury shares held by the Company, directly and indirectly through its subsidiaries.
Following the transaction dated March 11, 2020 the total amount of treasury shares held by the Company directly and indirectly increased to 6,477,099, thus a percentage of 6.2627% of the share capital.