Main Information

HELLENIC PETROLEUM’s shares are traded in the General Category (Main Market) on the Athens Stock Exchange (ATHEX: ΕLPΕ) and the London Stock Exchange (LSE: HLPD), through Global Depositary Receipts (GDRs) while its two bond issues are listed on the Luxemburg Stock Exchange.

The Company’s share capital amounts to €666,284,703.30 divided into 305,635,185 shares with a nominal value of €2.18 each. The Company’s shareholders’ rights, arising out of their shares, are proportionate to the percentage of capital corresponding to the paid-in-share value. All shares have the same rights and obligations arising from the Law and the Company’s Articles of Association. The liability of the Company’s shareholders is limited to the nominal value of shares they own.

HELLENIC PETROLEUM’s shares participate, with a significant weighting, in the ASE General Index and the FTSE/ΧΑ Large Cap Index, as well as a number of other indices such as the FTSE/XA Oil-Gas Index, the FTSE/ Med 100, the Greece – Turkey 30 Index and the Global X FTSE Greece 20 ETF Index.

Share Ticker:

Share price evolution

In 2017, the improved European economic growth, the Greek economy’s performance, the completion of the second assessment and the re-issuance of Greek government bonds, were among the key factors that led the ASE General Index higher by + 24% while the FTSE/ΧΑ Large Cap was 19.7% higher. In that context HELLENIC PETROLEUM share price ended notably higher by 72% vs 2016, significantly outperforming the ASE G1, closing at €7.61 on 29.12.2017.

HELLENIC PETROLEUM’S share price evolution
(share price in € - Average daily volume, no. of shares)

Dividend policy

Taking into consideration the positive results of 2017 and the Group’s overall financial position, the Board of Directors of HELLENIC PETROLEUM decided to distribute an interim dividend of €0.15 per share and proposed the distribution of a final dividend of €0.25 per share, resulting in the total proposed dividend for 2017 amounting to €0.40 per share.

Dividend^*

Shareholding structure

Changes in the company's shareholding structure in 2017 were not significant, with the increase in participation of international investors as key trend. The shareholder structure as of 31/12/2017 was as follows:

Shareholder structure table

Shareholder structure

HELLENIC PETROLEUM is the largest independent Greek bond issuer

Eurobond issue

Since 2013, the Group has raised more than €1.6 billion through the issue of four internationally traded bonds, making it the largest Greek independent issuer. In July 2017, the Group issued a retap on its existing bonds maturing in October 2021, through a private placement with proceeds of €79.5 million and a yield of 3.33% to selected institutional investors, including the Black Sea Trade & Development Bank and the European Bank for Reconstruction & Development.

HELPE Oct.'21 Bond Yield (Mid YTM %)

The key features of the two bonds, issued by Hellenic Petroleum Finance plc and guaranteed by HELLENIC PETROLEUM S.A. outstanding, on 31 December 2017 on the Luxembourg Stock Exchange, are presented in the table below:

Investor Relations Services

The Company seeks to fully and fairly inform its shareholders and bondholders both in Greece and internationally, through a variety of events and initiatives, such as:

• Quarterly presentations outlining business activities and financial results
• Teleconferences giving investors/ analysts the opportunity for further information about the Group’s activities
• Attending roadshows and investor conferences both in Greece and abroad
• Regularly updating the Company’s website concerning basic industry performance indicators which affect Company’s financial performance