General Assemblies of Shareholders

In accordance with Corporate Law 2190/1920 as currently in force and OTE's Articles of Incorporation, the General Assembly of Shareholders is the company's highest ranking body and may resolve upon all matters of the company unless otherwise stated in the company's Articles of Incorporation.

The General Assembly of Shareholders convenes at the call of the Board of Directors in an ordinary session once a year, within six months of the end of the previous fiscal year, whereby the annual financial statements are approved, and certified accountants and members of the Board of Directors are absolved of any poten- tial indemnity. The Board of Directors may also convene Extraordinary General Assemblies of Shareholders whenever it is deemed necessary.

The General Assembly of Shareholders is in quorum and convenes validly when 1/5 of its share capital is present or represented, except for issues specified explicitly in the law and the company's Articles of Incorporation, when a special quorum is required, i.e., 2/3 of the company's share capital.

Such cases, requiring a special quorum, include:

  • Merger or dissolution of the company
  • Increase or decrease of the share capital, with the exception of cases which are governed by different provisions under the law or the Articles of Incorporation in force
  • Issue of bond loans
  • Amendment of the manner of allocation of profits
  • Increase of the liability of shareholder
  • Limitation or cancellation of the preemption rights of existing shareholders in the event of increases to the capital by means of payment in cash or contributions in kind
  • Amendment of the special majority of the Board of Directors provided in Article 6 paragraph 1 of the present Articles of Incorporation
  • Modification of Article 20 of the company's Articles of Incorporation.

The resolutions of the General Assembly of Shareholders on issues that call for a simple quorum are passed by absolute majority. Resolutions on issues that call for a special quorum are passed by a majority of 2/3 of those present or represented. In absence of a quorum, the first Repeated General Assembly of Shareholders convenes. On issues that may be resolved by simple quorum, the Repeated General Assembly of Shareholders convenes validly, irrespective of the present or represented capital. For issues that require a special quorum, at least 1/2 of the company's share capital must be present or represented, otherwise the General Assembly of Shareholders is repeated again, in which case 1/5 of the company's share capital must be present or represented.

Choose year:
General Assembly Date Invitation Resolutions
65th Ordinary General Assembly 23/06/2017 Invitation Resolutions
Voting Results
Extraordinary General Assembly 15.05.2017 18/05/2017 Invitation Resolutions
Voting Results
Extraordinary General Assembly 22.12.2016 23/12/2016 Invitation Resolutions
Voting Results
Extraordinary General Assembly 19.10.2016 24/10/2016 Invitation Resolutions
Voting Results
64th Ordinary General Assembly 23/06/2016 Invitation Resolutions
Voting Results
Extraordinary General Assembly 16/12/2015 Invitation Resolutions
Voting Results
63rd Ordinary General Assembly 12/06/2015 Invitation Resolutions
Voting Results
Extraordinary General Assembly 23/12/2014 Invitation Resolutions
Voting Results
62nd Ordinary General Assembly 24/06/2014 Invitation Resolutions
Voting Results
Extraordinary General Assembly 30/04/2014 Invitation Resolutions
Voting Results
Extraordinary General Assembly 30/12/2013 Invitation Resolutions
Voting Results
61st Ordinary General Assembly 26/06/2013 Invitation Resolutions
Voting Results
Extraordinary General Assembly 20/12/2012 Invitation Resolutions
Voting Results
60th Ordinary General Assembly 15/06/2012 Invitation Resolutions
Voting Results
Extraordinary General Assembly 22/03/2012 Invitation Resolutions
Voting Results
Extraordinary General Assembly 06/12/2011 Invitation Resolutions
Voting Results
59th Ordinary General Assembly 23/06/2011 Invitation Resolutions
Voting Results
Extraordinary General Assembly 23/12/2010 Invitation Resolutions
Voting Results
Extraordinary General Assembly 23/07/2010 Invitation Resolutions
Repeated 58th Ordinary General Assembly 28/06/2010 Invitation Resolutions
58th Ordinary General Assembly 16/06/2010 Invitation Resolutions
Repeated 57th Ordinary General Assembly 10/07/2009 Invitation Resolutions
57th Ordinary General Assembly 24/06/2009 Invitation Resolutions
Extraordinary General Assembly 07/04/2009 Invitation Resolutions
Extraordinary General Assembly 06/02/2009 Invitation Resolutions
Additional Announcement
Extraordinary General Assembly 08/01/2009 Invitation
Repeated 56th Ordinary General Assembly 09/07/2008 Invitation Resolutions
56th Ordinary General Assembly 26/06/2008 Invitation Resolutions
Extraordinary General Assembly 08/11/2007 Invitation Resolutions
55th Ordinary General Assembly 21/06/2007 Invitation Resolutions
1st Repeated Extraordinary General Assembly 03/04/2007 Invitation Resolutions
1st Repeated Extraordinary 27/03/2007 Invitation
Extraordinary General Assembly 14/03/2007 Invitation
54th Ordinary General Assembly 31/07/2006 Invitation
1st Repeated 54th Ordinary General Assembly 18/07/2006 Invitation
1st Repeated 54th Ordinary General Assembly 06/07/2006 Invitation
54th Ordinary General Assembly 22/06/2006 Invitation Resolutions
Resolutions
Repeated Extraordinary General Assembly 04/11/2005 Invitation Resolutions
Extraordinary General Assembly 19/10/2005 Invitation
Repeated 53rd Ordinary General Assembly 06/07/2005 Invitation Resolutions
53rd Ordinary General Assembly 16/06/2005 Invitation Resolutions
52nd Ordinary General Assembly 17/06/2004 Invitation Resolutions