Announcement regarding the cease of acquisition of treasury shares

The company TERNA ENERGY SA (the “Company”) announces to the investors that the Board of Directors at its meeting dated 10.08.2020, decided to cease the acquisition of treasury shares, under the Company's buyback programme that has been decided by the Ordinary General Assembly of the Company's shareholders of 29.04.2020, in accordance with the provisions of article 49 of law 4548/2018, the Regulation (EU) 596/2014 and the Delegated Regulation (EU) 2016/1052.

It is noted that under the buyback programme, 1,131,510 treasury shares have been acquired, corresponding to 0.993% of the Company's share capital at an average acquisition price of €9.361 per share.

The total number of treasury shares of the Company is equal to 4,293,268 shares, corresponding to 3.769% of the Company's share capital.

 


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