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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Helesi | LSE:HLS | London | Ordinary Share | CY1010102113 | ORD EUR0.10 (DI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 1.75 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMHLS RNS Number : 5154T Helesi PLC 29 September 2010 29 September 2010 Helesi PLC ("Helesi" or "the Company") Appointment of Director Helesi, the Greece, Italy and Cyprus based waste management products manufacturer and services supplier, today announces the appointment of Dimitri Kainaros as non-executive Chairman in succession to Dimitri Goulandris who had taken on the role after the death of Roger Parsons in 2009. Dimitri is an external consultant for the Greek Ministry of Development, responsible for the assessment and supervision of investment projects related to EU Co-financed Development Programs. Previously, Dimitri held the position of General Director of the Hellenic Arms Industry. Mr Kainaros, 56, does not own any Ordinary Shares in the Company. He is currently a director of Veltion Ltd, a position he has held for five years. There is no further information to be disclosed in respect of Mr Kainaros' appointment that would require disclosure under Schedule two paragraph (g) of the AIM Rules. Dimitri Goulandris commented: "After discussions with Sakis and given the current economic environment, I have decided that it is in the best interests of the Group that I resign and make way for an Athens-based Chairman who can focus on the two critical domestic issues, receivables and bank financing. It has been a pleasure for me to work with the Group's management and I wish them all the luck and success going forward." For further information please visit www.helesi.com or contact: +-----------------------------------------+-------------------------+ | Helesi PLC | + 30 210 60 48 393-4 | +-----------------------------------------+-------------------------+ | Sakis Andrianopoulos, Chief Executive, | | +-----------------------------------------+-------------------------+ | Ioannis Tolias, Finance Director | itolias@helesi.com | +-----------------------------------------+-------------------------+ | | | +-----------------------------------------+-------------------------+ | Panmure Gordon | +44 (0) 20 7459 3600 | +-----------------------------------------+-------------------------+ | Andrew Godber | | | Katherine Roe | | +-----------------------------------------+-------------------------+ | | | +-----------------------------------------+-------------------------+ | Tavistock Communications | + 44 (0) 20 7920 3150 | +-----------------------------------------+-------------------------+ | Simon Hudson | shudson@tavistock.co.uk | +-----------------------------------------+-------------------------+ | Lydia Eades | leades@tavistock.co.uk | +-----------------------------------------+-------------------------+ About Helesi Helesi is a specialist designer and manufacturer of plastic products mainly for use in the waste management industry and a provider of waste management services. Its activities comprise: · the design and manufacture of plastic waste containers including 2 and 4 wheeled bins, pre-sorting bins and the full range of EN 840 standard containers; · the provision of waste management services (waste collection, container washing, street sweeping and recyclable materials collection). · the design and manufacture of material handling plastic products (pallet boxes and crates) for agricultural, domestic and industrial use and other injection-moulding plastic products such as fish crates, and stadium seats; · the supply of special vehicles and equipment for the waste management industry; and · the recycling of used tyres Demand for Helesi's products and services in developed waste management markets is driven by increasingly stringent regulation on waste management and recycling. Growing demand is also being experienced in developing countries, which are looking to establish centralised and orderly waste management services. Helesi has developed a strong market position in both the developed waste management markets of Western Europe as well as in the high growth markets of South-eastern Europe, the Mediterranean and the Middle East. With sales in 52 countries, the Company derives more than 70% of its waste container revenue internationally. This information is provided by RNS The company news service from the London Stock Exchange END BOAPGUGGBUPUGGB
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