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Wrong Dimitrios Koutras?

Dimitrios Koutras

President and General Manager

AKTOR SA

HQ Phone:  +30 21 0818 4000

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AKTOR SA

25, Ermou Street Nea Kifissia Lamia National Road Olympic Village Interchange

Athens, Attica,14564

Greece

Find other employees at this company (794)

Web References(24 Total References)


www.sharecast.com

LONDON (SHARECAST) - Non-executive director Dimitrios Koutras has made a £23m profit on European Goldfields shares he bought in November 2008.
Koutras sold 6,684,641 shares at 435p a share to institutional investors, thereby widening the shareholder base of the gold miner and explorer. The sale raised £29.08m. That takes his stake in European Goldfields back to 5.7%, which he describes as his core shareholding. He has no intention of selling any more shares. Koutras bought exactly the same number of shares during November 2008 at a total cost of just over £6m. He points out that the purchase was made at a time when the management needed to indicate its support for the company. That means that Koutras made a profit of £23m in less than 18 months. European Goldfields' largest shareholder Aktor Constructions International, which has a 19.4% stake, says that it has no plans to sell shares. Koutras joined the European Goldfields board in November 2004 and was chairman until last October. He is also president of Aktor. Director name: Mr Dimitrios Koutras


www.egoldfields.com [cached]

Dimitrios Koutras
Director (Non-Executive) Dimitrios Koutras joined the Board in November 2004 and acted as Non-Executive Chairman until October 2009. Since 1995, Mr. Koutras has been president & General Manager of Aktor S.A., the largest construction company in Greece. Mr. Koutras has also been acting as President of Hellas Gold S.A. since December 2003. Mr. Koutras is a Mining Engineer and a member of the Greek Technical Chamber and of the Greek Mineralurgist Association.


www.etae.com [cached]

4. Dimitrios Koutras5. Dimitrios Koutras


finance.lycos.com [cached]

- The appointment of Dimitrios Koutras as non-executive Chairman has consolidated the partnership with Aktor S.A. in Greece.The final step in consolidating our partnership came through the appointment in November 2004 of Aktor's President & General Manager, Dimitrios Koutras, as non-executive Chairman.Dimitrios has a passion for building successful projects and companies and is well informed on the Hellas Gold assets having completed his Phd on the Skouries deposit. Our partnership with Aktor and the drive of Dimitrios Koutras have been instrumental in the successful negotiation of Hellas Gold's contract with the Greek State.As part of the Acquisition, the Company acquired a 14% (on a fully-diluted basis) in Hellas Gold from Dimitrios Koutras.Prior to the Acquisition, Dimitrios Koutras owned, or exercised control or direction over, Nil% of the issued and outstanding common shares of the Company.After completion of the Acquisition and the Placing, Dimitrios Koutras owned, or exercised control or direction over, approximately 12.7% of the issued and outstanding common shares of the Company.


www.egoldfields.com [cached]

It is proposed that the Chairman of Aktor, Mr Dimitris Koutras, is the non-executive Chairman of European Goldfields.


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