METKA INDUSTRIAL - CONSTRUCTION S.A.
Decisions taken by the Annual Ordinary General Meeting
During the Annual Ordinary General Meeting of the Company''s shareholders which took place on Monday, 14 May 2007, 1.00 a.m., at the rooms of the "GRANDE BRETAGNE" hotel at Syntagma Sq., Athens, following relevant permit no. K2-5811/17.04.2007 granted by the Ministry of Development for holding such Meeting outside the Company''s registered offices, wherein 60 shareholders representing 28,743,230 shares, namely, an approximate 55.33% percentage of the Company''s share capital paid up, decisions on all the issues of the agenda were taken by legal vote, as follows:
1. The Individual and Consolidated Financial Statements of the previous year, namely, from 01.01.2006 to 31.12.2006, as well as the relevant reports of the Board of Directors and the Chartered Auditors were approved unanimously, namely, by 28,743,230 votes of the shareholders representing 55.33% of the share capital paid up.
2. The payment of a dividend of 0.40 euro per share originating from the profits of financial year 2006 was approved unanimously, namely, by 28,743,230 votes of the shareholders representing 55.33% of the share capital paid up. Such dividend shall be clipped on 16.05.2007 and shall be paid from 24.05.07, pursuant to the Regulations of the Athens Stock Exchange.
3. Following the voting of the Balance Sheet, the General Meeting discharged unanimously the Board of Directors and the Auditors from any compensation liability with regard to the activities carried out and the management in general in connection with the financial year from 01.01.2006 to 31.12.2006, namely, by 28,743,230 votes of the shareholders representing 55.33% of the share capital paid up.
4. Following that, was elected as regular chartered auditor Mr. Vasilios Kazas, son of Constantine (Association of Chartered Auditors no. 13281) member of Auditing Company GRANT THORNTON S.A. and as deputy chartered auditor Mr. Georgios Paraskevopoulos, son of Athanasios (Association of Chartered Auditors no. 11851) member of the same Auditing Company as above, who were approved unanimously, namely, by 28,743,230 votes of the shareholders representing 55.33% of the share capital, while their fee was approved also.
5. The fees of the members of the Board of Directors for financial year 2006 pursuant to articles 23a and 24 of Law 2190/1920 were approved unanimously, namely, by 28,743,230 votes of the shareholders representing 55.33% of the share capital paid up, while their fees for the current financial year were approved in advance increased by the percentage of 10% compared to the fees of the previous financial year.
6. The election of a new Board of Directors which shall manage the Company until the convocation of the General Meeting of Shareholders which shall approve the activities of the year from 01.01.2011 to 31.12.2001 was also approved unanimously, namely, by 28,743,230 votes of the shareholders representing 55.33% of the share capital paid up.
7. Finally, the Chairman of the Board informed the shareholders about the course of the Company and made relevant announcements and an analysis with regard to the successful course of the Company, its achievements in the performance of the projects assigned and its profit-making trend for all the sectors of its activities, which is expected to continue also during the current financial year.
1. The Individual and Consolidated Financial Statements of the previous year, namely, from 01.01.2006 to 31.12.2006, as well as the relevant reports of the Board of Directors and the Chartered Auditors were approved unanimously, namely, by 28,743,230 votes of the shareholders representing 55.33% of the share capital paid up.
2. The payment of a dividend of 0.40 euro per share originating from the profits of financial year 2006 was approved unanimously, namely, by 28,743,230 votes of the shareholders representing 55.33% of the share capital paid up. Such dividend shall be clipped on 16.05.2007 and shall be paid from 24.05.07, pursuant to the Regulations of the Athens Stock Exchange.
3. Following the voting of the Balance Sheet, the General Meeting discharged unanimously the Board of Directors and the Auditors from any compensation liability with regard to the activities carried out and the management in general in connection with the financial year from 01.01.2006 to 31.12.2006, namely, by 28,743,230 votes of the shareholders representing 55.33% of the share capital paid up.
4. Following that, was elected as regular chartered auditor Mr. Vasilios Kazas, son of Constantine (Association of Chartered Auditors no. 13281) member of Auditing Company GRANT THORNTON S.A. and as deputy chartered auditor Mr. Georgios Paraskevopoulos, son of Athanasios (Association of Chartered Auditors no. 11851) member of the same Auditing Company as above, who were approved unanimously, namely, by 28,743,230 votes of the shareholders representing 55.33% of the share capital, while their fee was approved also.
5. The fees of the members of the Board of Directors for financial year 2006 pursuant to articles 23a and 24 of Law 2190/1920 were approved unanimously, namely, by 28,743,230 votes of the shareholders representing 55.33% of the share capital paid up, while their fees for the current financial year were approved in advance increased by the percentage of 10% compared to the fees of the previous financial year.
6. The election of a new Board of Directors which shall manage the Company until the convocation of the General Meeting of Shareholders which shall approve the activities of the year from 01.01.2011 to 31.12.2001 was also approved unanimously, namely, by 28,743,230 votes of the shareholders representing 55.33% of the share capital paid up.
7. Finally, the Chairman of the Board informed the shareholders about the course of the Company and made relevant announcements and an analysis with regard to the successful course of the Company, its achievements in the performance of the projects assigned and its profit-making trend for all the sectors of its activities, which is expected to continue also during the current financial year.