GEK TERNA Real Estate Construction S A : PURCHASE OF TREASURY SHARES
January 03, 2022 at 03:09 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) 2016/1052 and 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 08.07.2020, acquired on December 31, 2021 through its subsidiary TERNA S.A., which acted in its own name but on GEK TERNA's behalf, through the member of the A.S.E. BETA Securities, 9,500 GEK TERNA's shares at an average price of 9.5747 euros per share and at with a total transaction value of 90,960.00 euros.
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GEK Terna Holding Real Estate Construction SA published this content on 03 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 January 2022 08:08:02 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%).