SALE OF COMMON TREASURY STOCK IN THE FRAMEWORK OF STOCK OPTION PLAN

Sale of common treasury shares in the framework of Stock Option Plan

 

ΤΙΤΑN CEMENT COMPANY S.A. (the Company) announces that, in implementation of a stock option plan which was established by virtue of resolution dated 20.6.2014 of the General Meeting of Shareholders and pursuant to resolutions of the Board of Directors dated 20.6.2014, 19.6.2015, 22.3.2017 and 23.5.2018, the Company sold on 18.12.2018 to 5 beneficiaries/Titan Group executives 2,560  common treasury shares, representing  0.003% of the paid up share capital of the Company, at a sale price of euro 10 per share (total sale price euro 25,600).

Following the above transaction, the Company owns 4.321.432 common shares, representing 5.61% of the voting rights of the Company.

18.12.2018


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