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Corporate Structure

Our corporate structure provides a robust platform for our business. We have adopted a structure that allows equal profit sharing between principals, delivers tax effectiveness and limits liabilities.

An Meá Environmental Management Services Unit Trust 
This Unit Trust was established in January 1997, and is the vehicle for conducting our business.  Family Trusts established by our principals (Seán O'Donnell and Steve Williams) each own 50% of the units in this Trust.

The Unit Trust receives cash inflows and pays for business expenses. This entity incurs business losses or makes profits.

The Unit Trust owns 65% of the Yuzhno Investment Trust. Established September 2003 in Australia, this Trust owns An Meá (Sakhalin) LLC, a company set up in Russia to provide products and services to the oil industry on Sakhalin Island.

An Meá Environmental Management Services Pty Ltd.     
This is a registered proprietary company limited by shares. The company was registered in January 1997 and bears the Australian Business Number 23 800 907 554.

This company acts as a separate trustee for each of the principals' Family Trusts and as the corporate trustee for the Unit Trust.

The company Directors (Seán O'Donnell and Steve Williams) hold shares in equal allotments. Seán O'Donnell is the Chairman of the Board.  Steve Williams holds the offices of Company Secretary and Public Officer.

Family Trusts
Family Trusts have been established by each of our principals to receive profit distributons from the Unit Trust.

 

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