BoD 23.5.2013
ABSTRACT OF MINUTES
OF THE 13th/23.5.2013 MEETING OF THE BOARD OF DIRECTORS
Subject: Convocation of Ordinary General Meeting of HEDNO S.A. Shareholders.
The Board of Directors decided the convocation of the Ordinary General Meeting of the Company on Wednesday 19th of June 2013 at 11:00’, that will be held at its headquarters in Athens , (20, Perraivou str & 5, Kallirrois str., 11743) and the invitation of the Unique Shareholder under the name of “PUBLIC POWER CORPORATION”.
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Subject: Issue of shares and their delivery to the unique shareholder PPC S.A.
The Board of Directors decided the issue of HEDNO S.A. equity stocks, as foreseen by the Law and the Articles of Incorporation as well as their delivery to the unique shareholder of the Company, PPC S.A., with the equivalent delivery protocol which will be signed by the Chairman of the Board of Directors.
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Subject: Contract no 2101111/1.12.2010 with AKTOR ATE for the implementation of the Project: “Networks of the Mesogia Area”.
Substitution of the tenderer for the implementation of the Project referring to the above mentioned Contract.
The Board of Directors decided that the Tenderer of the Project “Networks of the Mesogia Area” ,AKTOR ATE, will be substituted with the company “ATERMON ATTEE” acquiring each company joint and several liability towards the Company for the complete execution of the Contract.
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Subject: Contract no 5031012/27.12.2011 with NEXANS HΕLLAS S.A. for purchasing cables and conductors.
Transposition of partial item delivery referring to the above Contract.
The Board of Directors approved the transposition of two (2) partial deliveries, specifically the tenth (10th) and the eleventh (11th) of item D1 (LV cross-linked cable 3Χ70Al+54,6Al+25Al) of the Original Contract no 5031012/27.12.2011, as follows :
Tenth (10th) partial delivery : 30.04.2013 with quantity of 100,000 meters
Eleventh (11th) partial delivery: 28.06.2013 with quantity of 120,000 meters
The time period that will be considered as the most advantageous for HEDNO between the initial delivery time period and the new defined one will be taken into account as the delivery time for the calculation of the price readjustment for the quantities of the two (2) partial deliveries.
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Subject: Tender no 502214/30.10.2012 for purchasing Cables and Conductors.
- Reduction of material quantities referring to the above tender.
- Ratification of results of the above mentioned tender and award of the purchasing for the rest of the materials.
Concerning the tender no 502214/ 30.10.2012, with closed procedure for the purchasing of the following Cables and Conductors (21 items), the Board of Directors approved the following:
1. The reduction of the materials referring to the tender no 502214/30.10.2012 based on the relevant term of the call for tender for purchasing of the following quantities of cables and conductors:
▪ Item s/n 2 of the Group D (ΚΑΥ 411003802) : 600,000 meters
▪ item s/n 3 of the Group E (ΚΑΥ 411000369) : 30,000 meters
▪ Item s/n 3 of the Group F (ΚΑΥ 411000249) : 100,000 kg.
▪ Item s/n 2 of the Group G (ΚΑΥ 411003119) : 100,000 kg
▪ Item s/n 3 of the Group G (ΚΑΥ 411000064) : 200,000 kg.
The above mentioned reduction is made due to changes in the relevant needs of the Company.
2. The ratification of the above tender results for purchasing the rest of the materials (reduced as far as the above mentioned quantities are concerned) and the award of their purchasing to the following tenderers:
▪ "HELLENIC CABLES S.A.” the award of purchasing items 1,3 and 7 of the Group C, item 2 of Group D, items 1,5 and 6 of Group F and item 2 of Group G for a total price of € 18,669,008.30 (plus VAT).
The items with s/n 2 of Groups C and G are reduced per 600,000 meters and 100,000 kg respectively.
▪ «NEXANS HELLAS S.A.”, the award of purchasing of items 2 and 3 of Groups A and B, items 2,4,5 & 6 of Group C, item 1 of Group D, four items (4) of Group E (items 2,3,4 & 5), item 3 of Group F, for total price of € 10,432,643.00 (plus VAT).
The items with s/n 3 of Groups E and F are reduced per 30,000 meters and 100,000 kg respectively.
▪ “XANTHI CABLES S.A.”, the award for purchasing 900,000 kg of item 3 of Group F for a total price of € 1,899,000.00 (plus VAT).
The above awards with total value of € 31,000,651.30 will be realized for material delivered at the Suppliers Warehouse on HEDNO vehicle according to the terms of the call for tender no 502214/30.10.2012, the Companies offers and the relevant correspondence.
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Subject: Lease of the building at 47, Syggrou Ave.
The Board of Directors approved the lease of the building at 47, Syggrou Ave., under Melekat Constructions s.a. ownership, with total surface of 1,996.19 m2 for a monthly rent of 11,250 €.
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OF THE 13th/23.5.2013 MEETING OF THE BOARD OF DIRECTORS
Subject: Convocation of Ordinary General Meeting of HEDNO S.A. Shareholders.
The Board of Directors decided the convocation of the Ordinary General Meeting of the Company on Wednesday 19th of June 2013 at 11:00’, that will be held at its headquarters in Athens , (20, Perraivou str & 5, Kallirrois str., 11743) and the invitation of the Unique Shareholder under the name of “PUBLIC POWER CORPORATION”.
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Subject: Issue of shares and their delivery to the unique shareholder PPC S.A.
The Board of Directors decided the issue of HEDNO S.A. equity stocks, as foreseen by the Law and the Articles of Incorporation as well as their delivery to the unique shareholder of the Company, PPC S.A., with the equivalent delivery protocol which will be signed by the Chairman of the Board of Directors.
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Subject: Contract no 2101111/1.12.2010 with AKTOR ATE for the implementation of the Project: “Networks of the Mesogia Area”.
Substitution of the tenderer for the implementation of the Project referring to the above mentioned Contract.
The Board of Directors decided that the Tenderer of the Project “Networks of the Mesogia Area” ,AKTOR ATE, will be substituted with the company “ATERMON ATTEE” acquiring each company joint and several liability towards the Company for the complete execution of the Contract.
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Subject: Contract no 5031012/27.12.2011 with NEXANS HΕLLAS S.A. for purchasing cables and conductors.
Transposition of partial item delivery referring to the above Contract.
The Board of Directors approved the transposition of two (2) partial deliveries, specifically the tenth (10th) and the eleventh (11th) of item D1 (LV cross-linked cable 3Χ70Al+54,6Al+25Al) of the Original Contract no 5031012/27.12.2011, as follows :
Tenth (10th) partial delivery : 30.04.2013 with quantity of 100,000 meters
Eleventh (11th) partial delivery: 28.06.2013 with quantity of 120,000 meters
The time period that will be considered as the most advantageous for HEDNO between the initial delivery time period and the new defined one will be taken into account as the delivery time for the calculation of the price readjustment for the quantities of the two (2) partial deliveries.
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Subject: Tender no 502214/30.10.2012 for purchasing Cables and Conductors.
- Reduction of material quantities referring to the above tender.
- Ratification of results of the above mentioned tender and award of the purchasing for the rest of the materials.
Concerning the tender no 502214/ 30.10.2012, with closed procedure for the purchasing of the following Cables and Conductors (21 items), the Board of Directors approved the following:
1. The reduction of the materials referring to the tender no 502214/30.10.2012 based on the relevant term of the call for tender for purchasing of the following quantities of cables and conductors:
▪ Item s/n 2 of the Group D (ΚΑΥ 411003802) : 600,000 meters
▪ item s/n 3 of the Group E (ΚΑΥ 411000369) : 30,000 meters
▪ Item s/n 3 of the Group F (ΚΑΥ 411000249) : 100,000 kg.
▪ Item s/n 2 of the Group G (ΚΑΥ 411003119) : 100,000 kg
▪ Item s/n 3 of the Group G (ΚΑΥ 411000064) : 200,000 kg.
The above mentioned reduction is made due to changes in the relevant needs of the Company.
2. The ratification of the above tender results for purchasing the rest of the materials (reduced as far as the above mentioned quantities are concerned) and the award of their purchasing to the following tenderers:
▪ "HELLENIC CABLES S.A.” the award of purchasing items 1,3 and 7 of the Group C, item 2 of Group D, items 1,5 and 6 of Group F and item 2 of Group G for a total price of € 18,669,008.30 (plus VAT).
The items with s/n 2 of Groups C and G are reduced per 600,000 meters and 100,000 kg respectively.
▪ «NEXANS HELLAS S.A.”, the award of purchasing of items 2 and 3 of Groups A and B, items 2,4,5 & 6 of Group C, item 1 of Group D, four items (4) of Group E (items 2,3,4 & 5), item 3 of Group F, for total price of € 10,432,643.00 (plus VAT).
The items with s/n 3 of Groups E and F are reduced per 30,000 meters and 100,000 kg respectively.
▪ “XANTHI CABLES S.A.”, the award for purchasing 900,000 kg of item 3 of Group F for a total price of € 1,899,000.00 (plus VAT).
The above awards with total value of € 31,000,651.30 will be realized for material delivered at the Suppliers Warehouse on HEDNO vehicle according to the terms of the call for tender no 502214/30.10.2012, the Companies offers and the relevant correspondence.
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Subject: Lease of the building at 47, Syggrou Ave.
The Board of Directors approved the lease of the building at 47, Syggrou Ave., under Melekat Constructions s.a. ownership, with total surface of 1,996.19 m2 for a monthly rent of 11,250 €.
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