Sale of common treasury shares in the framework of Stock Option Plan


ΤΙΤΑN CEMENT COMPANY S.A. (the Company) announces that, in implementation of a stock option plan which was established by virtue of resolution dated 20.6.2014 of the General Meeting of Shareholders and pursuant to resolutions of the Board of Directors dated 20.6.2014, 19.6.2015, 22.3.2017, 23.5.2018 and 20.3.2019, the Company sold on 20.6.2019 to 11 beneficiaries 49,612  common treasury shares, representing  0.06% of the paid up share capital of the Company, at a sale price of euro 10 per share (total sale price euro 496,120).

Following the above transaction, the Company owns 4.577.717 common shares, representing 5.94% of the voting rights of the Company.

20.6.2019


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