They were approved with a percentage of more than 98% by the general assembly of its shareholders PPC the changes in the company’s statutes that signal the expansion of the field of activity in the trading of technology items, the provision of IT services.

The changes, as highlighted during the presentation to the general assembly, which met under the chairmanship of the company’s president and CEO, Giorgos Stassis, indicate the transformation of PPC from a public company to a private sector company, head of a diverse multinational group active in many individual markets beyond those of energy. At the same time, they ensure compliance with corporate governance legislation.

With reference to the abolition of the position of employee representative on the company’s Board of Directors, Mr. Stassis emphasized that the employee representatives will be informed of any issue that concerns or significantly affects labor relations.

The general meeting also approved a new remuneration policy based, as it was pointed out, on the best practices applied in all major listed companies.

The general meeting was attended by representatives of 67.48% of the share capital.