Motor Oil (Hellas) Corinth Refineries SA

08/03/2022 | Press release | Distributed by Public on 08/03/2022 04:15

Announcement of Regulated Information in the context of the Regulation EU 596/2014

Pursuant to the Regulation EU 596/2014 it is hereby announced that on 1 August 2022 the shareholder of the Company under the legal name PETROVENTURE HOLDINGS LIMITED (pledger) entered into an agreement with a credit institution (pledgee) concerning 800,000 shares issued by MOTOR OIL (HELLAS) S.A. (from now on MOH) of total value Euro 13,800,000 (based on the closing price of the share of MOH on 1 August 2022). PETROVENTURE HOLDINGS LIMITED kept the voting rights on the shares mentioned above.


PETROVENTURE HOLDINGS LIMITED is a related legal entity with Messrs. Vardis J. Vardinoyannis (Chairman of the MOH Board), Yannis V. Vardinoyannis (Vice Chairman of the MOH Board and Managing Director) and Petros Tz. Tzannetakis (Deputy Managing Director of MOH) who are under the obligation to announce their transactions with subject the shares issued by MOH.


Maroussi, 3 August 2022