HLS Helesi

 

TIDMHLS 
 
RNS Number : 6965B 
Helesi PLC 
30 October 2009 
 

30 October 2009 
 
 
Helesi PLC 
("Helesi" or the "Company") 
 
 
Board Change 
 
 
Ioannis Tolias becomes Chief Financial Officer 
Apostolos Binomakis becomes Non-Executive Director 
 
 
Helesi plc (AIM: HLS), the Greece and UK based waste management products 
manufacturer and services supplier, is pleased to announce the appointment of 
Ioannis Tolias, 36, as Chief Financial Officer, initially a non-Board 
appointment, with immediate effect. Ioannis replaces Apostolos Binomakis, who 
has been CFO of Helesi since August 2006, and a director of the Company since 
September 2007. Mr. Binomakis will be remaining on the Board as a Non-Executive 
Director. 
 
 
Ioannis Tolias has worked at ABN AMRO Bank since September 2006 in corporate and 
commercial banking roles. His responsibilities have included financial analysis, 
credit review and assessment, product development and marketing, and the direct 
management of a significant portfolio of corporate accounts. Ioannis was 
previously a credit analyst for more than two years at Egnatia Bank and was a 
senior auditor at the accounting firm DRM Stylianou SA where he began his 
working career in October 2001. 
 
 
Ioannis holds an MBA from Athens University of Economics and Business ("AUEB"), 
an MA in Finance and Investment from Exeter University, and a BSc in Business 
Administration from AUEB. 
 
 
Commenting on the appointment, Sakis Andrianopoulos, Chief Executive of Helesi 
said: "We are delighted to welcome Ioannis to the Company. We are also pleased 
that Apostolos will be remaining on the Board where we will continue to benefit 
from his advice and his detailed understanding of Helesi." 
 
 
 
 
For further information, please contact: 
 
 
+----------------------------------------------+---------------------------+ 
| Helesi PLC                                   |  +30 22990 82745          | 
+----------------------------------------------+---------------------------+ 
| Sakis Andrianopoulos, Chief Executive,       |                           | 
| Interim Chairman                             |                           | 
+----------------------------------------------+---------------------------+ 
| Ioannis Tolias Chief Financial Officer       | +30 22990 82700           | 
+----------------------------------------------+---------------------------+ 
|                                              |                           | 
+----------------------------------------------+---------------------------+ 
| Panmure Gordon                               | +44 (0) 20 7459 3600      | 
+----------------------------------------------+---------------------------+ 
| Andrew Godber                                |                           | 
+----------------------------------------------+---------------------------+ 
| Ashton Clanfield                             |                           | 
+----------------------------------------------+---------------------------+ 
|                                              |                           | 
+----------------------------------------------+---------------------------+ 
| 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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