14th Mar 2007 15:51
Hellenic Telecomms Organization S A14 March 2007 Announcement Invitation for the repeated extraordinary general assembly of shareholders ATHENS, Greece - March 14, 2007 - Hellenic Telecommunications Organization SA(ASE: HTO, NYSE: OTE), the Greek full-service telecommunications provider,announces that its Extraordinary General Assembly of Shareholders, was not helddue to lack of quorum, and will be held again, in accordance with the provisionsof the Greek Law, on March 27, 2007. The invitation is as follows: HELLENIC TELECOMMUNICATIONS ORGANIZATION SA (OTE SA) THE SHAREHOLDERS OF THE HELLENIC TELECOMMUNICATIONS ORGANIZATION SA (REGISTRATION NUMBER 347/06/B/86/10) ARE HEREBY INVITED TO THE REPEATED EXTRAORDINARY GENERAL ASSEMBLY OF SHAREHOLDERS Pursuant to the Law and the Articles of Association and following resolution no2778 of the Board of Directors, dated 14/03/2007 (agenda item 2), theShareholders of the Hellenic Telecommunications Organization SA are herebyinvited to a Repeated Extraordinary General Assembly, on March 27, 2007, at 19:00 hours, at the Company's headquarters (99, Kifissias Avenue, Athens), in orderto discuss and decide upon the following: 1. Amendments to the following Articles of Association: 9 (Board of Directors), 13 (Chief Executive Officer) and 23 (Absolute Quorum and Majority of the General Assembly of Shareholders). Elimination of the following Articles of Association: 7 (participation of the Greek State in the Company's share capital), 16 (impediment - incompatibility of members of the Board of Directors) and 17 (State rights). Renumbering of article 7 (previously numbered 8) and subsequent articles. Codification of the Articles of Association. 2. Initiation of a stock option plan, available to the Company's CEO and affiliated companies' CEO's, in accordance with article 42e, of the law 2190 /1920. The plan will be available to OTE executives subject to the right of refusal based on performance criteria (article 13, paragraph 9 of the law 2190/1920). 3. Settlement of the debt payable to OTE SA by Fibre Optic Telecommunication Network LTD by remission. 4. Miscellaneous announcements In order to participate, in person or by proxy, in the said Ordinary GeneralAssembly, Shareholders must have seen to the following: 3/4 If they have converted their OTE shares into book entry form, but thesaid shares are not on their Depository Account, Shareholders must obtain fromtheir Depository Participant certification evidencing ownership of shares (whichwill not be tradable until conclusion of this General Assembly) and deposit suchcertification with the OTE Share Registration Office (1st floor, 15, StadiouStreet - Athens) at least five (5) full days prior to the appointed date andtime of the General Assembly3/4 If they have converted their OTE shares into book entry form, and thesaid shares are on their Depository Account, Shareholders must obtain from theCentral Securities Depository Office SA certification evidencing ownership ofshares (which will not be tradable until conclusion of this General Assembly)and deposit such certification as well as a duly authorized proxy form, with theOTE Share Registration Office (1st floor, 15, Stadiou Street - Athens) at leastfive (5) full days prior to the appointed date and time of the General Assembly3/4 If they have not converted their shares into book entry form, theymust deposit their share certificates with any bank in Greece or abroad, or theConsignations and Loans Fund, or OTE's Treasury (99, Kifissias Ave. - Maroussi),or OTE Share Registration Office (1st floor, 15, Stadiou Street - Athens) atleast five (5) full days prior to the appointed date and time for the OrdinaryGeneral Assembly. By the same deadline, Shareholders must also have depositedtheir Share Depository Receipts as well as the proxy form with the OTE ShareRegistration Office, at 15, Stadiou Street - Athens. MAROUSI, 14/02/2007 P. VOURLOUMIS CHAIRMAN OF THE BOARD - CEO About OTEOTE Group is Greece's leading telecommunications organization and one of thepre-eminent players in South-eastern Europe, providing top-quality products andservices to its customers.Apart from serving as a full service telecommunications group in the Greektelecoms market, OTE Group has also expanded during the last decade itsgeographical footprint throughout South East Europe, acquiring stakes in theincumbent telecommunications companies of Romania and Serbia, and establishingmobile operations in Albania, Bulgaria, the Former Yugoslav Republic ofMacedonia and Romania. At present, companies in which OTE Group has an equityinterest employ over 30,000 people in six countries, and our portfolio ofsolutions ranges from fixed and mobile telephony to Internet applications,satellite, maritime communications and consultancy services.Listed on the Athens Stock Exchange, the company trades under the ticker HTO aswell as on the New York Stock Exchange under the ticker OTE. In the U.S., OTE'sAmerican Depository Receipts (ADR's) represents 1/2 ordinary share.Additional Information is also available on http://www.ote.gr. Contacts:OTE: Dimitris Tzelepis- Head of Investor RelationsTel: +30 210 611 1574, Email: [email protected] Nektarios Papagiannakopoulos - Senior financial analyst, Investor RelationsTel: +30 210 611 7593, Email: [email protected] Daria Kozanoglou - Communications Officer, Investor RelationsTel: +30 210 611 1121, Email: [email protected] Marilee Diamanti - IR CoordinatorTel: +30 210 611 5070, Email: [email protected] Christina Hadjigeorgiou - Financial AnalystTel: +30 210 611 1428, Email: [email protected] Forward-looking statementAny statements contained in this document that are not historical facts areforward-looking statements as defined in the U.S. Private Securities LitigationReform Act of 1995. All forward-looking statements are subject to various risksand uncertainties that could cause actual results to differ materially fromexpectations. The factors that could affect the Company's future financialresults are discussed more fully in the Company's filings with the U.S.Securities and Exchange Commission (the "SEC"), including the Company's AnnualReport on Form 20-F for 2005 filed with the SEC on June 29, 2006. OTE assumes noobligation to update information in this release. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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