ANNUAL GENERAL MEETING RESOLUTIONS - DIVIDEND PAYMENT APPROVAL
We hereby would like to inform you that at the Annual General Meeting of the shareholders of Vassiliko Cement Works Public Company Ltd held on 30 May 2019, the following resolutions were approved:
a. The Management Report and the Financial Statements of the Company for the year 2018, a copy of which is on the Company’s webpage, were approved (https://www.vassiliko.com/en/investor-relations/financial-data/financial-statements-2018/annual-report-and-financial-statements-2018).
b. The payment of a final dividend for the year 2018 amounting to €8.632.314 corresponding to €0,12 per ordinary share was approved.
The dividend will be paid to the entitled shareholders of the Company that will be registered at the CSE registry on the 12 June 2019 (record date). The shares of the Company will be traded in the CSE without the right to the dividend (ex-dividend) as from 11 June 2019.
Investors that will purchase shares at the CSE by close of business on 10 June 2019 (Last Cum Date) will be entitled to the dividend. It is noted that shareholders entitled to the dividend will also be the holders of shares based on an off exchange transfer to be completed by the record date. Payment of the dividend will be made (effected) by the 9 July 2019.
c. The Directors Messrs George Galatariotis, Charalambos Panayiotou, and Christophe Allouchery, who retired by rotation, were re-elected.
d. The Remunerations Report was approved.
e. It was resolved that the Directors’ remuneration for the year 2019 remain the same as for the previous year i.e. €25.000 for the Chairman, and €20.000 for each of the members of the Board of Directors and a €300 attendance fee for the meetings of the Board of Directors and its Committees.
f. KPMG Limited were re-appointed as the Company’s auditors and the Board of Directors was authorised to determine their remuneration for 2019 at a later stage.
31/05/2019