Regulated information: Acknowledgement of Transactions
May 02, 2024 at 05:21 pm IST
Share
MOTOR OIL (HELLAS) CORINTH REFINERIES S.A. hereby notifies that on 30 April 2024 the following Persons Discharging Managerial Responsibilities (PDMRs) acquired, by the means of Over the Counter Transactions, Company shares as follows:
Name & Surname
Identity
Number of Shares
Value of Shares
(in Euro)
Ioannis V. Vardinoyannis
Vice Chairman and CEO
138,456
3,760,464.96
Petros Tz. Tzannetakis
Deputy CEO
13,196
358,403.36
Ioannis N. Kosmadakis
Deputy CEO
13,177
357,887.32
George J. Prousanides
General Counsel & Board Secretary
5,913
160,597.08
Michael-Matheos J-E. Stiakakis
GM of Fuels Refining & Trading
5,045
137,022.20
Theofanis Chr. Voutsaras
GM of Human Resources
4,031
109,481.96
It is pointed out that the above PDMRs acquired Company shares exercising their stock options to purchase shares at the Grant Price of Euro 13.47 per share following the relevant decision of the Extraordinary General Assembly dated 22 March 2023.
Moreover, on 30 April 2024 Mr. Nikolaos K. Giannakakis, the IT General Manager of the Company, following the decision of the above-mentioned Extraordinary General Assembly, acquired free of payment 891 Company shares of value Euro 24,199.56.
All share values mentioned in the present announcement have been calculated based on the closing price of the Company's share on the ATHEX trading session of 30 April 2024.
The Company used shares from its treasury stock portfolio to facilitate the above share transfers to the beneficiaries.
The present announcement is issued in accordance with the article 19 of the EU Regulation 596/2014.
Maroussi, 2 May 2024
The Board of Directors
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Motor Oil (Hellas) Corinth Refineries SA published this content on
02 May 2024 and is solely responsible for the information contained therein. Distributed by
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Motor Oil (Hellas) Corinth Refineries S.A. is one of Greece's leading crude oil, fuel oil and methanol refining groups. Net sales break down by activity as follows:
- refining (60.1%): operated, at the end of 2021, a refinery located in Greece;
- distribution of petroleum products (34.8%): the group manages a network of over 1,500 service stations (Shell, Avin Oil and Cyclon Hellas brands) located in Greece, Cyprus and South Eastern Europe. The group is also involved in purchasing and resale to and from oil and industrial companies;
- production of renewable energy and gas (4.4%);
- other (0.7%).
56.5% of sales are abroad.