Thrace Group names CFO as its new deputy group CEO; appoints new CFO




ATHENS, Greece, March 25, 2020-

The Société Anonyme under the name "THRACE PLASTICS HOLDINGS AND COMMERCIAL COMPANY SOCIETE ANONYME", with the distinctive title "THRACE PLASTICS CO S.A." (hereinafter referred to as the "Company"), in the context of its efforts to provide the investors’ community with fair, accurate and timely information in accordance with the provisions of the paragraph 4.1.3.1 of the Regulation of Athens Exchange and with the article 17, paragraph 1, No. 596/2014 of the Regulation of European Parliament and Council of April 16th, 2014, announces to the investors’ community that by decision of the Board of Directors of March 20th, 2020, Mr. Dimitris Malamos, Executive Member of the Board of Directors, will assume the duties of the Deputy Group Chief Executive Officer (Deputy Group CEO).

Mr. Malamos who has held the position of Group CFO since 2010, has extensive experience in strategy, financial analysis and internal restructuring, has demonstrated his managerial skills and has acquired significant expertise and experience in the organization, operation and the activities of both the Company and the Group.


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