Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (Market Abuse Regulation - MAR) and European Commission delegated regulation 2016/522.
In compliance with relevant legislation regarding the protection of the Greek capital market from actions by individuals with access to privileged information and actions intended to manipulate the market, the OTE Group promotes transparency through its Internal Operating Regulations and its Policy on non-abuse of insider information. Specifically, it has adopted a transparent transaction disclosure procedure for all persons exercising managerial responsibilities and persons closely associated with them (Liable Persons) towards the OTE Group in accordance with the regulations of legislative framework in force and with the procedure for disclosing transactions to the Hellenic Capital Markets Commission.
The table below presents the Liable Persons transactions:
Table of Liable Persons Transactions
In compliance with Law 3556/2007, which relates to transparency conditions for information in relation to issuers whose securities have been listed for trading on an organized market, Decision HCMC 1/434/3.7.2007 and circular No. 33 of the Hellenic Capital Market Commission, attached is the disclosure procedure for changes in major holdings to be submitted to OTE and the Hellenic Capital Market Commission, pursuant to the provisions of Articles 9, 10, 11 and 11Α of Law 3556/2007, in case of:
acquisition or disposal of major holdings
acquisition or disposal or exercise of significant voting rights percentages
acquisition or disposal of financial instruments
Disclosure Procedure for Changes of Major Holdings by Liable Persons pursuant to Law 3556/2007 regarding transparency.
Relevant Institutional Framework and Provisions
Regulation (EU) No 596/2014 of the European Parliament and of the Council (MAR)
European Commission delegated regulation 2016/522
Law 3556/2007 on the H.C.M.C.
Decision No. 1/434/3.7.2007 of the H.C.M.C.
Circular No. 33 of the H.C.M.C.
Important Changes in Voting Rights Disclosure Form