TITAN CEMENT COMPANY S.A. (the Company) announces that on 30.11.2016 the Company purchased 700,000 common own shares, at an average purchase price per share of euro 20 and at a total purchase price of euro 14,000,000, in implementation of decision of the General Meeting of Shareholders dated 17.6.2016 and resolution of the Board of Directors dated 17.6.2016, pursuant to article 16 par.1 of Law 2190/1920.

Τhe above shares were sold to the Company by Alpha Bank in the framework of  private placement through an accelerated bookbuild offering outside Greece.
 
It is also announced that pursuant to the provisions of law 3556/2007, on 30.11.2016 the Company holds 3,861,292 common own shares out of a total number of 77,063,568 common shares and that as a result of the above mentioned purchase the percentage of voting rights held by the Company has exceeded 5% and currently represents 5.01% of the total voting rights.

30.11.2016