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Regulatory Announcements
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03.06.2021

Strategic partnership for LPG logistics in Cyprus

HELLENIC PETROLEUM Group announces the strategic cooperation agreement with VLPG Plant Ltd. for LPG products logistics and distribution in the Cypriot market. At the same time, on 2 June 2021, the two parties have signed an agreement for a 32% participation of the HELLENIC PETROLEUM Group to the share capital of VLPG Plant Ltd. The agreement is subject to the approval of the Commission for the Protection of Competition (C.P.C.)

Petrolina (Holdings) Public Ltd, Synergas Ltd and Intergaz Ltd currently participate in VLPG Ltd JV. The activities of VLPG Plant Ltd include all phases of LPG logistics, with privately owned tanker offloading facilities, storage and distribution through LPG tanker trucks. The JV will also manage the bottling and maintenance of LPG cylinders that are distributed by marketing companies.

VLPG Plant Ltd. has undertaken the construction of the modern LPG plant in Vasiliko, which after its expansion is expected to manage approximately 32,000 MT of bulk and 24,000 MT of bottled LPG on an annual basis. Construction is expected to be completed by the end of 4Q21.

 

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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.