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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

08.12.2023

Notification of completion of transaction

HELLENiQ ENERGY Holdings S.A. (the “Company”), following the announcement dated 7.12.2023, announces that, pursuant to a joint notification received on 8.12.2023 by its shareholders, Hellenic Republic Asset Development Fund S.A. and Paneuropean Oil & lndustrial Holdings S.A., was informed of the pricing of the international private placement, through an accelerated book-building offering in the context of their decision to dispose of part of their shares in the Company. The notification included the following announcement:

07.12.2023

Notification by HRADF and POIH for the decision to dispose of certain of their shares in HELLENiQ ENERGY Holdings S.A.

HELLENiQ ENERGY Holdings S.A. (the “Company”) announces that on 7.12.2023, following a letter sent by its shareholders, Hellenic Republic Asset Development Fund S.A. ("HRADF") and Paneuropean Oil & lndustrial Holdings S.A. ("POIH"), was informed of their decision to dispose of certain of their shares in the Company on a pro-rata basis, through an international private placement, in accordance with the provisions of the HRADF Law and the HRADF’s updated Asset Development plan. The letter included the following announcement:

08.11.2023

Notification of appointment of Market Makers

HELLENiQ ENERGY Holdings S.A. (the "Issuer") announces that the Listings and Market Operation Committee of the Athens Stock Exchange (“ΑΤΗΕΧ”), with its decisions of 30/10/2023 and 01/11/2023, approved the appointment of the ATHEX Members "Eurobank Equities S.A." and "Alpha Finance S.A." as Market Makers on the Issuer's shares, with Wednesday, 1 November 2023 and Tuesday, 7 November 2023, respectively, set as the start dates of the Market Making obligations.