Public Power Corporation announced that at its AGM to be held on June 29th, 2013, based on the net income, PPC's Board of Directors will propose to the shareholders general meeting, a dividend payment of €0.025 per share. Ex-dividend date: July 22, 2013, that is after the 19th of July, 2013 which signifies the expiration date for the futures contracts on the company's stock and on the FTSE/ATHEX Large Cap in which it is included. Record date: 24 July 2013. Dividend payment for the year 2012 through a bank settlement: 30 July 2013.

Public Power Corporation S.A. (ATSE:PPC) plans to sell about a third of the production capacity of power utility PPC to a private competitor in about two years. PPC will transfer to its privately-run spin-off about 1,400 MW of coal capacity and 500 MW each of water and gas-fired units, the energy ministry said. Under the plan, Greece would then sell a 17% stake in PPC to other private investors by early 2016.

Public Power Corporation S.A. reported audited group and parent earnings results for the year 2012. For the period the group reported total revenues of €5,985.2 million compared with €5,513.6 million for the same period last year. EBITDA was €990.9 million compared with €779.8 million for the same period last year. EBIT was €331.0 million compared with €122.5 million for the same period last year. Net income was €30.5 million or €0.13 per share compared with net loss of €148.9 million or €0.64 per share for the same period last year. Net debt was €4,679.0 million compared with €4,702.7 million for the same period last year. Capital expenditure was €820.6 million compared with €1,107.6 million for the same period last year. Revenues in 2012 are eliminated due to the spin-off of the Transmission segment. Results were positively impacted by the increase in turnover, the reduction in payroll and the settlement of financial disputes with DEPA. For the period, the parent reported total revenues of €5,887.9 million compared with €5,180.3 million for the same period last year. EBITDA was €812.3 million compared with €533.7 million for the same period last year. EBIT was €217.1 million compared with LBIT of €63.7 million for the same period last year. Net income was €17.1 million or €0.07 per share compared with net loss of €272.9 million or €1.18 per share for the same period last year. Net debt was €4,239.0 million compared with €4,200.9 million for the same period last year. Capital expenditure was €717.2 million compared with €1,002.3 million for the same period last year. Based on the net income of the Parent Company, PPC's Board of Directors will propose to the Shareholders General Assembly, a dividend payment of €5.8 million.