HLS Helesi

 

TIDMHLS 
 
RNS Number : 4269U 
Helesi PLC 
24 June 2009 
 

24 June 2009 
 
 
Helesi PLC 
("Helesi" or the "Company") 
 
 
Appointment of Chairman 
 
 
Dimitri Goulandris becomes Non Executive Chairman 
 
 
Helesi plc (AIM: HLS), the Greece and UK based waste management products 
manufacturer and services supplier, is pleased to announce the appointment of 
Dimitri John Goulandris, 42, as Non Executive Chairman with immediate effect. 
Dimitri replaces Sakis Andrianopoulos, Chief Executive, who has been acting as 
Interim Chairman since the unexpected death of Roger Parsons last August. 
 
 
Dimitri is Managing Partner of Cycladic Capital LLP. He set up Cycladic Capital 
in November 2002 to focus on making public and private investments in small and 
medium sized companies predominantly in Europe. Cycladic's range of activity has 
spanned significant-influence stakes in public companies, growth and buyout 
private equity and greenfield start-ups. Today, the Firm has three related 
activities: fund management, direct investment and corporate advisory. 
 
 
Previously, Dimitri set up and ran the European operations of the private equity 
firm Whitney & Company and spent eight years at Morgan Stanley in the private 
equity group, structuring derivative products and executing mergers and 
acquisitions both in New York and in London. 
 
 
Dimitri has an MBA from Harvard Business School and a Masters in Electrical and 
Information Sciences from Cambridge University. 
 
 
Dimitri is currently a director of Cycladic Capital Management Limited, Cycladic 
(Cayman) Limited, Cycladic India Rentals, Journey Group plc, Knightsbridge 
School Limited, Knightsbridge Schools International Limited, Liberty 
International NV, Milos Limited, Mood Media Group SA, Teleplan International NV 
and Whiteground Limited. He also sits on the Council of the Institute of 
Contemporary Arts in London. 
 
 
Dimitri was previously, within the last five years, a director of Azkoyen SA, 
Forthnet SA, Mykonos Limited, Permasteelisa SpA and Volex plc. Dimitri was also 
director of Sportal Limited in 2001 which was placed in receivership. 
 
 
There is no further information that would require disclosure under Schedule Two 
paragraph (g) of the AIM Rules. 
 
 
Commenting on the appointment, Sakis Andrianopoulos, Chief Executive of Helesi 
said: "We are delighted to welcome Dimitri to the Company. He brings with him a 
wealth of international investment experience and will be a great asset to our 
Board as we look to grow our activities further and create value for our 
shareholders." 
 
 
 
 
For further information, please contact: 
 
 
+----------------------------------------------+---------------------------+ 
| Helesi PLC                                   | + 30 210 60 48 393-4      | 
+----------------------------------------------+---------------------------+ 
| Sakis Andrianopoulos, Chief Executive,       |                           | 
| Interim Chairman                             |                           | 
+----------------------------------------------+---------------------------+ 
| Apostolos Binomakis, Finance Director        | binomakis@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   | 
+----------------------------------------------+---------------------------+ 
| Gemma Bradley                                | gbradley@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. The Group has production facilities located in Greece and the UK and 
is constructing a third in Italy. 
 
 
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 
 
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