Mr. Christos G. Rokas announces his intention to submit his resignation from the seat of Chairman of BoD of "C. ROKAS S.A.", and from the position as Member of BoD at the next Board meeting of the Company, respecting the terms of the Company''s Corporate Governance Rules regarding age limits. All the consequential changes after his resignation have been fully agreed with the controlling shareholder, the company IBERDROLA ENERGIAS RENOVABLES II S.A..
Mr. C.Rokas activities within the Company will be focused at the Management of Large Scale Energy Projects of ROKAS GROUP, such as "MAMMOTH PROJECT" and similar, with respect to which an announcement of the Company will follow.
It is announced that it will be proposed to the Board that the seat of Mr. Christos Rokas as Chairman of the BoD, be covered by Mr. George C. Rokas, who will resign from the position of General Director of Energy.
It is also announced that the position of General Director of Energy will be covered by Mr. Athanasios G. Tsantilas, who will also be proposed to cover the vacant position of the Member of BoD after the resignation of Mr. C. Rokas.
The Company "C. ROKAS S.A." in recognition of the full and undivided commitment of the founder Mr. Christos Rokas for the establishment, development and setting the Company to the highest level of its area of activities in Energy and Lifting Equipment, intends to appoint Mr. Christos Rokas as Honorary Chairman of the Company.