EGM November 2017

ANNOUNCEMENT

Vision International People Group Public Limited, (“the Company”) announces that during the adjourned Extraordinary General Meeting held today the 13th of November, 2017, at 11:30 a.m. at the Company’s offices, located at Limassol Avenue 67, Aglantzia, 2121, Nicosia, the shareholders of the Company have resolved by majority the appointment of the following additional members of the Board of Directors of the Company:

1. Mr. Alexander Zhbanov- Non-Executive Director
2. Mrs. Anastasia Argyrou- Non-Executive Director
3. Mrs. Antigone Georgiou- Independent Non-Executive Director

The Curriculum Vitae for each newly elected director of the Company is respectively attached.

Mr. John M. Hadjihannas remains as an Executive Director of the Company. Mr Hadjihannas is a member of the Board of Directors of the Company as from 2009 exercising his duties as an Independent Non- Executive Director whilst as from June 2017 he is an appointed Executive Director of the Company.

During the first meeting of the new Board of Directors of the Company which was convened after the closing of the Extraordinary General Meeting, Mr. Hadjihannas was appointed as Chairman of the Board of Directors whilst simultaneously he resigned from the position of Chief Financial Officer with immediate effect. The said position shall be filled the soonest and the new appointment shall be respectively announced.

Nicosia,
13th of November, 2017

 

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EGM October 2017 (English & Greek).

ANNOUNCEMENT

Vision International People Group Public Limited announces that upon commencement of the Extraordinary General Meeting today the 10th of October, 2017, at 11:30 a.m. at the Company’s offices, located at Limassol Avenue 67, Aglantzia, 2121, Nicosia which was called in order to appoint the new directors and/or ratify the new structure of the Board of Directors of the Company further to the resignations of Mr. Roberto Piona and Mr. Peter Fehrn-Christensen, the major shareholder of the Company proposed its adjournment for the 13th of November, 2017, in order to give more time to the shareholders to evaluate the options available and to ensure that the new members of the Board of Directors that will be proposed for election shall be adequate and able to meet up with the anticipated demands.

The proposal was approved and the new Extraordinary General Meeting was set for the 13th of November, 2017.

Mrs. Nairy Merheje notified her intention to resign from her position as Independent Non-Executive Director of the Company, effective as from the 10th of October, 2017 and this was accepted.

Nicosia
10th of October, 2017

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Board members resignations September 2017 (English & Greek).

ANNOUNCEMENT

Vision International People Group Public Limited announces that during the Board of Directors meeting which was convened on the 13th of September, 2017, at 10:30 a.m. at the Company’s offices, located at Limassol Avenue 67, Aglantzia, 2121, Nicosia, the Condensed Interim Consolidated Financial Statements for the six months ended on the 30th June, 2017 were discussed and approved.

The Company would like to inform investors that copies of the same are available on the Company’s official website as well as at its offices.

The Company further announces that Mr. Roberto Piona resigns from his position as Chief Executive Officer of the Company as well as from his positions as Executive Director and Chairman of the Board of Directors of the Company. The last day of exercising his duties under the aforesaid positions shall be the 30th of September, 2017.

Throughout recent years Vision Group has undergone massive restructuring in order to improve its financial and business conditions. Currently there is a serious potential of collaboration with FREEDOM INTERNATIONAL GROUP based in Hong Kong and the Company will announce any official decisions as regards to the level of this collaboration in due course, when discussions are finalized.

Mr. Piona considers this collaboration which is under discussion and if it finally takes place, may create such conditions which practically shall not allow him to continue to act as Chief Executive Officer of the Company and has therefore decided to resign from all of his positions as afore said well beforehand.

The Company further announces that Mr. Peter Fehrn-Christensen, currently an Independent Non- Executive Director of the Company also resigns from his position as such for personal reasons. The last day of his duties shall be the 30th of September, 2017.

The new directors of the Company, in replacement of Mr. Piona and Mr. Fehrn-Christensen shall be announced very soon and in any event these new appointments are subject to ratification by an Extraordinary General Meeting which shall be called up for this reason on the 10th of October, 2017.

Nicosia,
13th of September, 2017

 

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