Public Power Corporation S.A. announces that, regarding the agreement for ADMIE reached between the government and the institutions, following lengthy negotiations, it is necessary to point out the following:
It goes without saying that the management of PPC will support the effort of our major shareholder for the implementation of the agreement in the most efficient way both for the company and the other shareholders. Besides, there are many important issues that need to be addressed in the most appropriate and efficient way, in order to fully ensure, according to the statement of the competent minister, that PPC will be fully compensated and the interests of the company will be safeguarded, while at the same time the rights of all shareholders will be fully respected.
PPC management, along with the executives and the employees of the Group, will continue their efforts, being more committed, in order to achieve our goals towards the strengthening and the growth of the Group.
Athens, December 14, 2015