EXTRACTS FROM THE MINUTES
OF THE 8th/14.4.2016 MEETING OF THE BOARD OF DIRECTORS 
  

Subject: Lease of property to host the HEDNO S.A. Headquarters

The Board of Directors has approved the leasing of a property located at 23, Syngrou Avenue, Athens, owned by:
Α) EKDOSEIS SOFIA MOSCHANDREOU & SIA E.E. (SOFIA MOSCHANDREOU & CO LP),
B) PANAGIOTIS MOSCHANDREOU,
covering a total area of 1,064.69 m2, for a monthly lease of 8,600.00 euro.

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Subject: Tender No. 503409/16.1.2015 concerning the supply of SMC polyester boxes for the installation of PCC supply metering systems Nos. 5, 6 and 7.
Validation of results of the aforementioned tender and assignment of the respective supply.

In respect of tender No. 503409/16.01.2015 called in the form of an open procedure, the Board of Directors has granted validation of results and assignment of the respective supply of the materials therein to the lowest bidder, ΜΙΧ. ΤΣΑΚΟΓΙΑΝΝΗΣ ΑΒΕΕ - ΒΗΜΚΑ ΕΠΕ (MICH. TSAKOGIANNIS Industrial and Commercial SA - VIMKA LTD) joint venture, whose bid was found to be formally and technically acceptable, i.e.:

• 3,500 pieces of SMC polyester boxes for the purpose of installing PCC supply metering systems No. 5, (item 1) assigned to the formally and technically acceptable bid by ΜΙΧ. ΤΣΑΚΟΓΙΑΝΝΗΣ ΑΒΕΕ - ΒΗΜΚΑ ΕΠΕ (MICH. TSAKOGIANNIS Industrial and Commercial SA - VIMKA LTD) joint venture for a total fixed amount of 1,165,500.00 euro (plus V.A.T.) payable for the delivery of the material to the specific HEDNO S.A. Regional Warehouses, to be transported by suppliers' vehicle.

• 1,800 pieces of SMC polyester boxes for the purpose of installing PCC supply metering systems No. 6, (item 2) assigned to the formally and technically acceptable bid by ΜΙΧ. ΤΣΑΚΟΓΙΑΝΝΗΣ ΑΒΕΕ - ΒΗΜΚΑ ΕΠΕ (MICH. TSAKOGIANNIS Industrial and Commercial SA - VIMKA LTD) joint venture for a total fixed amount of 610,200.00 payable for the delivery of the material to the specific HEDNO S.A. Regional Warehouses, to be transported by suppliers' vehicle.

• 600 pieces of SMC polyester boxes for the purpose of installing PCC supply metering systems No. 7, (item 3) assigned to the formally and technically acceptable bid by ΜΙΧ. ΤΣΑΚΟΓΙΑΝΝΗΣ ΑΒΕΕ - ΒΗΜΚΑ ΕΠΕ (MICH. TSAKOGIANNIS Industrial and Commercial SA - VIMKA LTD) joint venture for a total fixed amount of 203,400.00 euro (plus V.A.T.) payable for the delivery of the material to the specific HEDNO S.A. Regional Warehouses, to be transported by suppliers' vehicle.

The total value of the aforementioned assignment amounts to 1,979,100.00 euro (plus V.A.T.) payable for the delivery of the material to the HEDNO S.A. Regional Warehouses, to be transported by supplier's vehicle under the terms of the relevant Call for Tenders, the bid by above Joint venture and relevant letter thereof.

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Subject: Tender No. 503508/18.12.2015 concerning the supply of polyester boxes that are fit for the installation of low voltage single-phase and three-phase power meters.
Validation of results of the aforementioned tender and assignment of the respective supply.

In respect of tender No. 503508/18.12.2015 called in the form of a closed procedure, the Board of Directors has granted validation of results and assignment of the respective supply of the materials therein to the below lowest bidders –per item- whose bid was found to be formally and technically acceptable, i.e.:

• 43,000 pieces of polyester boxes for the purpose of installing low voltage single-phase electrical power meters. (item 1) assigned to the formally and technically acceptable bid by ΜΙΧ. ΤΣΑΚΟΓΙΑΝΝΗΣ ΑΒΕΕ (MICH. TSAKOGIANNIS Industrial and Commercial SA) for a total fixed amount of 465,690.00 euro (plus V.A.T.) payable for the delivery of the material to the specific HEDNO S.A. Regional Warehouses, to be transported by supplier's vehicle.

• 13,500 pieces of polyester boxes for the purpose of installing low voltage three-phase electrical power meters (item 2) assigned to the formally and technically acceptable bid by ΒΗΜΚΑ ΕΠΕ (VIMKA LTD) for a total fixed amount of 193,050.00 euro (plus V.A.T.) payable for the delivery of the material to the specific HEDNO S.A. Regional Warehouses, to be transported by supplier's vehicle.

The total value of the aforementioned assignment amounts to 658,740.00 euro (plus V.A.T.).

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Subject: Tender No. 502509/13.1.2016 concerning the supply of cables and pipes.
Validation of results of the aforementioned tender and assignment of the respective supply.

In respect of tender No. 502509/13.01.2016 called in the form of a closed procedure, the Board of Directors has granted validation of results concerning supply of cables and pipes (7 items) and assignment thereof under the specific tender to the below lowest bidders -per item- as follows:

 "ΕΛΛΗΝΙΚΑ ΚΑΛΩΔΙΑ Α.Ε." (CABLEL S.A.); total quantity of items bearing s/n 1, 2, 3, 4, 6 and 50% of quantity of item bearing s/n 7 for a total amount of 593,805.00 euro (plus V.A.T.).

 "ΝΕΧΑΝS EΛΛΑΣ Α.Β.Ε." (NEXANS HELLAS S.A); the total quantity of item bearing s/n 5 and 50% of the quantity of item bearing s/n 7 for a total amount of 223,675.00 euro (plus V.A.T.).

The total payable amount of the aforementioned assignments for the material deliverable to the Suppliers' Warehouse to be transported by HEDNO S.A. vehicle amounts to 817,480.00 euro.

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