GEK Terna Real Estate Construction : PURCHASE OF TREASURY SHARES
November 22, 2019 at 02:17 am EST
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GEK TERNA S.A. informs the Investors that, in compliance with Regulation (EU) No 596/2014 of the European Parliament, the Commission Delegated Regulation (EU) 2016/1052and according to article 49 of Law 4548/2018, as amended and currently in force, as well as by virtue of the Decision of the Regular General Assembly of its Shareholders dated 27.06.2018 and the Decision of the Board of Directors dated 27.06.2018, proceeded on November 21, 2019 through the member of the A.S.E. BETA Securities, with the purchase of 4,929 GEK TERNA's shares at an average price of 6.9089 euros per share and at a total transaction value of 34,053.81 euros.
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GEK Terna Holding Real Estate Construction SA published this content on 22 November 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 November 2019 07:16:07 UTC
GEK TERNA Holdings, Real Estate, Construction S.A. is a holding company organized around 5 areas of activity:
- electricity production (73,1% of net sales): from renewable energies and from natural gas ;
- infrastructure construction (21.3%): power plants, highways, etc.;
- infrastructure management under concession agreements (5.1%): highways, parking lots, etc.;
- production of industrial facilities and construction materials (0.4%): pylons, struts, wood constructions, cements, etc. ;
- real estate development and property management (0.1%).
Net sales are distributed geographically as follows: Greece (93.2%), Balkans (5.3%), Eastern Europe (0.8%) and others (0.7%).