PARTICIPATION OF THE COMPANY IN AFFILIATED COMPANIES

Nafpaktos Textile Industry S.A. participates directly in the following companies with the share capital, amount and participation percentage of the "company" being as follows:

Company name Share Capital Participation of
NAFPAKTOS TEXTILE INDUSTRY S.A.
Amounts in Euro Amounts in Euro Percentage %
POLARIS S.A. 3.245.000,00 1.654.950,00 51
SOFADON GINNING MILLS S.A. 58.694,00 29.934,00 51
BIOPOL S.A. 811.400,00 523.378,00 64,5
Total 4.115.094,00 2.208.262,00  

Notes :

  • POLARIS S.A. participates in BIOPOL S.A. with 34.46%. Therefore, the participation percentage of the "company" in BIOPOL S.A. is 82.07% due to its participation with 51% in POLARIS S.A.

  • POLARIS S.A. has 100% of the capital (participation of 150,000,000 GRD) of SILVER STAR Sh.p.k. based in Korytsa, Albania.

The following diagram presents the current picture of NAFPAKTOS TEXTILE INDUSTRY S.A. group of companies :