Incorporation of a Societe’ Anonyme Company under the distinctive title "AΕTHERAS ENERGY
In compliance with article 4 of the Capital Market Commission’s Board of Directors Regulation 5/204/14.11.2000 on disclosure requirements from Companies listed in the Athens Stock Exchange, it is reported that the company under the corporate name “INTRAKAT TECHNICAL WORKS, SOCIETE’ ANONYME” and with the distinctive title “INTRAKAT” along with the Company under the corporate name “CINAR ANONYME COMMERCIAL TECHNICAL INDUSTRIAL COMPANY” and with the distinctive title “CINAR S.A.” composed the Societe’ Anonyme Company under the corporate name “AETHERAS ENERGY PRODUCTION AND EXPLOITATION OF RENEWABLE ENERGY RESOURCES BUSINESS SOCIETE’ ANONYME” and with the distinctive title “AΕTHERAS ENERGY”.
The company’s headquarters is based in the Municipality of Peania in the Attiki Prefecture.
Scope of the incorporated Societe’ Anonyme Company is:
a. The establishment, installation, operation, maintenance and exploitation of electricity output units which operate with Aeolian energy or solar energy or biomass or water or sea water or geothermal energy and in general the development, installation, operation, maintenance and exploitation of works related to the production of energy (energy works) either the production of energy is related with the use of natural resources or renewable energy resources or waste.
b. The management, exploitation, (recycling activity and/or retrieval of energy material from waste), process, collection, transport, transshipment of solid and liquid waste, as well as their exploitation.
c. The development, operation, maintenance, exploitation of works related to the environment.
d. The participation in investment or financing of energy or environmental works.
e. Any other business activity related in any way with the production, transport, distribution, purchase, vending and in general exploitation, recycling etc., of energy and generally with the use and management of natural resources such as natural gas etc., or renewable energy resources or water resources or waste.
f. The participation in Government tenders of any nature, Legal Entities of the Public and Private Law, and in general organisations, Public and private businesses with the intention of undertaking works, which are related directly or indirectly with the scope of the company.
In pursuing its scope, the company can:
a) Participate in any kind of domestic or foreign business, with the same or similar scope, under any corporate type or joint venture or association of suppliers and incorporate with another Company or to absorb (incept) another similar business private or corporate of any corporate type, to bring in a branch to any existing or incorporated company.
b) Co-operate with any domestic or foreign natural or legal entity, in any way, in order to succeed in its corporate scope.
c) Extend its activities abroad.
d) Purchase stocks of companies, which are listed or not in the Athens Stock Exchange, who pursue similar or not goals.
e) Give third party guarantees or guarantees for third party natural or legal entities with whom it cooperates or in which it participates for the well being of the company and effectiveness of the corporate scope providing every kind of insurances, contractual and real.
f) Request the issuance of letters of guarantee or credits, in Euro or foreign currency, for third party natural or legal entities with whom it cooperates or in which it participates for the well being of the company and effectiveness of the corporate scope providing every kind of insurances, contractual and real.
The duration of the company is defined to thirty (30) years.
The share Capital of the Company is set at three hundred thousand (300.000) Euro debilitated in full and divided in five hundred thousand (500.000) nominal shares, nominal value of each at sixty cents (0,60).
The participation of “INTRAKAT” in the above capital amounts to a percentage of 95% and “CINAR SA” to a percentage of 5%.
The corporate financial use is of twelve-month duration, commencing from 01/01 and ending on 31/12 of each year, with the exception of the first ending on 31/12/2004.
The Company is directed by the Board of Directors, which consists of three (3) to nine (9) members with a 5year term.
The first Board of Directors comprises the following:
1) Dimitrios P. Giannikakis, employee, born in Athens on 17-12-1935, resident of Phsychiko, Attiki, 8, Kokkoni str., I.D. Nr. Χ.085294/29-4-2002 of the Phsychiko police department, Greek nationality (subject).
2) Ioannis V. Tzavaras, employee, born in Athens on 4-2-1959, resident of Glyfada, Attiki, 25, Dousmani str., I.D. Nr. Ι.215112/24-6-1974 of ΙΔ΄ Athens Security Police branch, Greek nationality.
3) Nikolaos I. Kamoulakos, employee, born in Athens on 18-11-1960, resident of Vrilissia, Attiki, 15, 28th October str., I.D. Nr. Σ.247074/7-8-1996 of the Police Department of Chalandri, Greek nationality.
4) Spiridon G. Tziotis, electrical engineer, born in Alexandria of Egypt on 23-10-1948, resident of Pallini, Attiki, 68, Vlachernon str., I.D. Nr. Λ.044680/6-8-1979 of the Ε΄ Athens Security Police branch, Greek nationality.
5) Christos G. Papadopoulos, physicist, born in Athens on 10-1-1960, resident of Phsychiko, Attiki, 23, Trembesinas str., I.D. Nr. Κ.362780/19-4-1977 of the Security Police branch of Phsychiko, Greek nationality.
His term is until the first six-month of the year 2005.
Auditory company of the first corporate financial use is the company ASSOCIATION OF CERTIFIED AUDITORS-ACCOUNTANTS
“S.O.L.” S.A. CERTIFIED AUDITORS
” while specifically appointed are: Ordinary Auditor, Sotirios N. Filos, certified auditor accountant with Registration number Σ.Ο.Ε. 12471, Deputy Auditor, Alexandros E. Tziortzis, certified auditor accountant, with registration number Σ.Ο.Ε. 12371.