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 27 May 2021, the following resolutions were approved:
a. The Management Report and the Financial Statements of the Company for the year 2020, a copy of which is on the Company’s webpage, were approved (https://www.vassiliko.com/en/investor-relations/financial-data/financial-statements-2020).
b. The payment of a dividend, out of the profits of 2019 included in the Retained Earning Reserve, amounting to €10.790.392 corresponding to €0,15 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 9 June 2021 (record date). The shares of the Company will be traded in the CSE without the right to the dividend (ex-dividend) as from 8 June 2021.
Investors that will purchase shares at the CSE by close of business on 7 June 2021 (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 6 July 2021.
c. The Directors Messrs Costas Galatariotis, Maurizio Mansi Montenegro, and Stelios Anastasiades, who retired by rotation, were re-elected.
d. The Remunerations Report was approved.
e. It was resolved that the Directors’ remuneration for the year 2021 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 2021 at a later stage.
Download Notification according to Article 135(2).PDF
28 May 2021