Investor Relations - 25.06.2014

Phase B’ of ownership unbundling of IPTO


PPC S.A. announces that in Phase A’ of IPTO’s ownership unbundling process, five investors expressed their interest. After the evaluation of their submissions by PPC’s Financial and Legal Advisors and the subsequent approval by the Board of Directors of PPC, the following four investors / consortia, in alphabetical order, have been qualified to participate in Phase B’, i.e. the submission of binding offers for the acquisition of the 66% of IPTO’s share capital:

1. Consortium of Elia System Operator S.A. & IFM Investors Pty Ltd
2. Public Sector Pension Investment Board
3. State Grid International Development Limited
4. TERNA-Rete Elettrica Nazionale Società per Azioni

Athens, June 25, 2014
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