Placing special emphasis on transparency, OTE has established a regulated information disclosure process, on the grounds of Law 3556/2007, Decision 1/434/3.7.2007 and circular No.33 of the Hellenic Capital Markets Commission that refer to information disclosure and transparency requirements for companies which are publicly traded on organized markets (stock exchanges). The regulated information disclosure process describes the way that the liable persons, as they are defined in articles 9, 10 and 11 of the Law 3556/2007, inform OTE and the Hellenic Capital Markets Commission in case of:
acquisition or disposal of voting rights
acquisition or disposal of financial instruments which may result in acquisition of shares already issued to which voting rights are attached
event changing the breakdown of voting rights
Relevant Laws and Forms:
- Notification Form ΤR-1
- Directive 2004/109/EC of the European Parliamnet and of the Council of 15 December 2004
- Directive 2004/39/ΕΚ of the European Parliamnet and of the Council of 21 April 2004
