Member access

4-Traders Homepage  >  News

News

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesHot NewsMost Read NewsRecomm.Business LeadersVideosCalendar 

Gr. Sarantis SA : REPLY TO THE HELLENIC CAPITAL MARKETS COMMISSION LETTER

03/27/2013 | 10:43am US/Eastern

ANNOUNCEMENT

In response to a relevant question from the Hellenic Capital Market Commission (Ref. 1257/27-03-2013) with respect to the impact of the recent developments in Cyprus and according to article 10, par. 1 of L. 3340/2005, the company GR. SARANTIS S.A. (the Company) informs the investors community of the following:

  • The fully owned subsidiary of the parent company, GR. SARANTIS CYPRUS S.A., that operates in Cyprus is a holding company that holds the subsidiaries of the Group.
  • There are no deposits above 100,000 euros held by the Company or the Group in either Bank of Cyprus or CPB.
  • Neither the Company nor the Group holds any bonds or shares or any other financial instruments of the Bank of Cyprus or CPB.
  • The turnover realized by the Company in Cyprus (through direct exports) for the year ended 31.12.2012 amounts to 0.70% of the consolidated Group sales.
  • The recent developments in Cyprus are not expected to affect the financial results and the financial position of the Company or the Group.


distributed by
React to this article
Latest news
Date Title
04:30a CME : Announces First Trades of New Physically Delivered Cocoa Futures Contract on CME Europe
04:29a Apple's glass provider takes crown as China's richest woman
04:26a IP : Frontier IP Group plc - Half year results for the six months to 31 December 2014
04:26a SAVILLS : Santander banks on One Cornwall Street, Birmingham
04:26a ASSECO POLAND : Convening of the Ordinary General Meeting of Shareholders of Asseco Poland S.A.
04:26a INTRALOT : Announces 2014 full year results: revenues exceed €1.85 billion 17.3% cash flow increase
04:26a GFK : releases new digital maps for 16 countries in North and South America
04:26a INTERNETQ : Confident For Growth In 2015 As 2014 Pretax Profit Rises
04:26a RESEARCH AND MARKETS : Big Data in Aging and Age-related Diseases - 2015 Industry Overview
04:24a RCI BANQUE : 2014 ANNUAL REPORT now available
Latest news
Advertisement
Hot News 
BERKELEY MINERAL RESOURCES : Progress Update
SHI WANG : Ergomed Opens Office in Taiwan
SERABI GOLD : Audited Results for the year ended 31 December 2014
MR BRICOLAGE : Profile: veronique laury
YOOX : and The Net-A-Porter Group to merge
Most Read News
03/30DJANGANG STEEL : Declines In First-Quarter Net Profit
03/30 DUKE ENERGY : contributes to energy storage research (BRIEF)
03/30 SAN GOLD : Reports 2014 Annual and Fourth Quarter Results
03:18a Philips sells 80.1 pct of lighting components unit for $2.8 billion
03/30DJCHINA COMMUNICATIONS CONSTRUCTION LT : Plans to Spin off Dredging Business
Most recommended articles
04:20a Kingfisher helps put FTSE on track for biggest quarterly rise in two years
04:16a BAOSHAN IRON & STEEL : China Baosteel executive under investigation for corruption
04:16aDJDollar Rises Ahead of U.S. Data
04:14a German unemployment rate hits new record low in March
04:05aDJFrench February PPI +0.7 on Month, -2.6% on Year
Dynamic quotes  
ON
| OFF