Acceptance of resignation of BoD Members - Reconstitution of BoD

PPA S.A. announces that the Board of Directors, taking into account, the resignation letters of BoD members Mr. Ioannis Moralis and Mr. Apostolos Papapostolou, (due to the change in the shareholder structure of the company (as a result of the 16% transfer of the Company's capital share from HELLENIC REPUBLIC ASSET DEVELOPMENT FUND S.A. (HRADF) to COSCO SHIPPING HONG KONG Co., Limited)) and the subsequent entitlement of HRADF to designate one (1) Director in the PPA SA BoD decided

 

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