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10.12.2021

Signing of agreement for the sale of DEPA Infrastructure

In the context of the sale process of DEPA Infrastructure SA, the sellers Hellenic Republic Asset Development Fund S.A. (HRADF) and HELLENIC PETROLEUM SA signed today the sale and purchase agreement for the shares of the above company to Italgas SpA, for a total price of €733 million, with the 35% share of "HELLENIC PETROLEUM" participation amounting to €256 million.

It is noted that the completion of the transaction is subject to the approval by the competent regulatory authorities.

HELLENIC PETROLEUM’s CEO, Mr. Andreas Shiamishis commented: “The signing of the agreement is an important step towards the completion of DEPA Infrastructure’s sale. This transaction is in line with our "Vision 2025" strategy, for the reallocation of capital to activities related to energy transition and the Group’s transformation and are not minority participations. The proceeds will be used to finance new investments in green energy, as well as for distribution to our shareholders in the form of an extraordinary dividend."

 

 

Relevant Content

09.09.2024

Transfer of own shares

HELLENiQ ENERGY Holdings S.A. (the "Company"), announces that, in accordance with the decision of the Annual General Meeting that took place on 27 June 2024, on 6 September 2024, it proceeded with the distribution, free of charge, of a one-time allotment (through an over-the-counter transaction) comprising 80,000 of the Company's own, common, registered shares, among eight beneficiaries (the "Beneficiaries") who served as non-executive members of the preceding Board of Directors (with a tenure until 27 June 2024), with each Beneficiary receiving 10,000 shares, as follows:

04.09.2024

Purchase of own shares

HELLENiQ ENERGY Holdings S.A. (the "Company"), announces that, within the framework of its share buyback program, during the period from 30/08/2024 to 03/09/2024, it purchased through the Athens Exchange a total of 80,000 own shares as follows:

30.08.2024

Initiation of Buyback program

HELLENiQ ENERGY Holdings S.A. (the "Company"), pursuant to a) the decision of the Annual General Meeting of shareholders of 27 June 2024 (the "General Meeting") which approved the adoption of a share buyback program (the "Buyback Program") and granted the necessary authorization for its implementation to the Board of Directors and b) the decision of the Company's Board of Directors on 29 August 2024, hereby announces its intention to commence the implementation of the Buyback Program. The purpose of the Buyback Program is to facilitate the free distribution of the Company's shares a) to the non-executive members of the Board of Directors whose term of office ended on 27 June 2024, in accordance with the relevant decision of the General Meeting and b) to its executives, as well as to executives of affiliated entities, within the framework of its long-term share distribution program, as established by the General Meeting.