Orphanides: Q1 results 2007 – Appointment of Board members - CGC
30/5/2007 11:10
Pursuant to the CSE and SEC Regulations and in order to fully inform the shareholders and the investing public in general, the Board of Directors of Orphanides Public Company Limited announces that:
1. Three-month results
At the meeting held on Tuesday, May 29, 2007 at 15.00 at the Company’s Head Office, the Board of Directors examined and approved the three-month results for the period ended March 31, 2007. The results are attached. The results are presented in Cyprus pounds and the conversion to euros was based on the exchange rate 1€ - CYP0.5807 as at March 31, 2007.
Copies will be available free of charge at the Company’s office, 20-22 Yiannou Kranidioti Avenue, Larnaca.
2. Appointment of new Board members
The Board of Directors appointed Messrs. Christos Fylaktou and Polys Kourousides as new Board members with effect from May 30, 2007.
Pursuant to the Corporate Governance Code, Mr. Christos Fylaktou has been appointed as new member of the Audit Committee and Mr. Polys Kourousides as new member in the Remuneration Committee with effect from May 30, 2007.
3. Annual Report
The Annual Report for 2006 has been posted. It is reminded that the Annual General Meeting will take place on Friday, June 22, 2007 at 16.00 at Orphanides Mall in Nicosia.
1. Three-month results
At the meeting held on Tuesday, May 29, 2007 at 15.00 at the Company’s Head Office, the Board of Directors examined and approved the three-month results for the period ended March 31, 2007. The results are attached. The results are presented in Cyprus pounds and the conversion to euros was based on the exchange rate 1€ - CYP0.5807 as at March 31, 2007.
Copies will be available free of charge at the Company’s office, 20-22 Yiannou Kranidioti Avenue, Larnaca.
2. Appointment of new Board members
The Board of Directors appointed Messrs. Christos Fylaktou and Polys Kourousides as new Board members with effect from May 30, 2007.
Pursuant to the Corporate Governance Code, Mr. Christos Fylaktou has been appointed as new member of the Audit Committee and Mr. Polys Kourousides as new member in the Remuneration Committee with effect from May 30, 2007.
3. Annual Report
The Annual Report for 2006 has been posted. It is reminded that the Annual General Meeting will take place on Friday, June 22, 2007 at 16.00 at Orphanides Mall in Nicosia.
