January 22, 2017 10:39 PM ET

Construction and Engineering

Company Overview of K. Athienitis Contractors-Developers Public Ltd

Company Overview

K. Athienitis Contractors-Developers Public Ltd engages in the land development and building construction activities in Cyprus and Greece. The company develops residential and commercial properties. It constructs and sells residential and office space; rents office space; and offers maintenance and electromechanical services. The company was incorporated in 1984 and is based in Nicosia, Cyprus.

48, Themistokli Dervi Avenue

Office 801

Nicosia,  1066

Cyprus

Founded in 1984

Phone:

357 2 2447855

Fax:

357 2 2764329

Key Executives for K. Athienitis Contractors-Developers Public Ltd

Chairman and President
Managing Director and Director
Compensation as of Fiscal Year 2016.

K. Athienitis Contractors-Developers Public Ltd Key Developments

K. Athienitis Contractors Developers To Be Delisted From Cyprus Stock Exchange

The Cyprus Stock Exchange announced that, further to the approval of the Cyprus Securities and Exchange Commission, it will proceed to delist the securities of K. Athienitis Contractors Developers Public Ltd, pursuant to the power conferred upon it by Article 178(1) of the Securities and Cyprus Stock Exchange Law, in view of the fact that the conditions for the smooth operation of the stock exchange market in relation to the securities of the aforesaid company are no longer satisfied and important ongoing obligations are not complied with. As a result thereof, the interests of investors are put at risk. More specifically, K. Athienitis Contractors Developers Public Ltd has not complied with the obligation to submit and publish: the Half-Yearly Financial Report for the period ended 30/6/2013; the Indicative Results of the year ended 31/12/2013; the Annual Financial Report for the year ended 31/12/2013; the Half-Yearly Financial Report for the period ended 30/6/2014; the Indicative Results for the year ended 31/12/2014; the Annual Financial Report for the year ended 31/12/2014. Furthermore, the Company continues not to comply with important ongoing obligations, as it has failed to publish its Half-Yearly Financial Report for the period ended 30/6/2015. It is noted that the delisting of the securities of the company from the Stock Exchange will take effect on January 5, 2016.

Cyprus Stock Exchange Announces Proposes Delisting Of K. Athienitis Contractors Developers Public Ltd

Pursuant to the provisions of its Law, the Council of the Cyprus Stock Exchange has requested the approval of the Securities and Exchange Commission to delist the securities of K. Athienitis Contractors Developers Public Ltd. The Council has reached the above decision by virtue of the power conferred upon it by Article 178(1) of the Securities and Cyprus Stock Exchange Law, as it considered that the requirements for the smooth operation of the stock exchange market in relation to the securities of the company are no longer satisfied and important ongoing obligations of the company pursuant to the Law and the Regulatory Provisions of the Stock Exchange are not complied with. More specificially, the company has failed to comply with its obligation to submit and publish: the Half-Yearly Financial Report for the period ended 30/6/2013, the Indicative Results for the year ended 31/12/2013, the Annual Financial Report for the year ended 31/12/2013, the Half-Yearly Financial Report for the period ended 30/6/2014, the Indicative Results for the year ended 31/12/2014 following the expiry of the deadline on 27 February 2015, the Annual Financial Report for the year ended 31/12/2014. It is further stated that the suspension of the trading of the company's securities will remain in effect until the relevant reply of the Securities and Exchange Commission has been obtained.

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Recent Private Companies Transactions

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