Replacement of a member of Board of Directors-Constitute body-Re-assigned the competencies and rights of representation and commitment of the Company
Space Hellas announces: In September 10th, 2009 the Board of Directors of the company unanimously elected Mr. Spyridon Manolopoulos, son of Dimitris as non-executive member of the Board of Directors replacing Mr. Anastasios Giokas, who resigned. This election shall be announced by the Board of Directors to the next General Meeting of the shareholders of the company.
Subsequently, the Board of Directors constituted a body to elect a Chairman of the Board, a Vice- President and a Chief Executive Officer and under its new composition consists of the following:
1. Dimitris Manolopoulos, son of Spyridon, Chairman of the Board, executive member of the Board.
2. Paraskevas Drossinos, son of Dimitris, Chief Executive Officer, executive member of the Board.
3. Christos Bellos, son of Panagiotis, Vice-President, non-executive member of the Board.
4. Giorgos Lagogiannis, son of Panagiotis, executive member of the Board.
5. Spyridon Manolopoulos, son of Dimitris, non-executive member of the Board.
6. Dimitris Chouchoulis, son of Evagelos, independent non-executive member of the Board.
7. Lysandros Kapopoulos, son of Konstantinos, independent non-executive member of the Board.
The tenure of the Board of Directors remains as it has i.e. of five years, ending on the election of a new Board of Directors by the General Meeting of the shareholders of the Company, which shall take place within the first semester of 2010.
Last, in view of its new composition the Board of Directors re-assigned the competencies and rights of representation and commitment of the Company.