ALUMIL ALUMINIUM INDUSTRY S.A.
ALUMIL: General Shareholders Meeting
We inform you that ALUMIL Annual General Shareholders' Meeting (GSM) held on Monday, June 1st 2009, in Kilkis Industrial Area was attended by shareholders representing 15.816.715 shares, and equal to 71.84% out of total company shares (i.e. 22.016.250 shares with voting rights). The following decisions were taken:
1. Approval of the 2008 Financial Statements under IFRS, the Board of Directors' (BoD) Report, the Certified Auditor Accountants' Report and earnings distribution. A euro 0.089 per share dividend payout was voted, representing 51.8% of the after tax earnings. The ex-dividend date is Wednesday, July 15th 2009. The dividend beneficiaries are the shareholders registered as investors in the DSS system on Friday, July 17th 2009 (record date). Dividend payout will be realized from Thursday, July 23rd 2009, via PIRAEUS BANK, until 31/12/2009. The company will inform investors regarding the dividend payment procedure with a new announcement. These decisions were voted with 15.816.715 votes for, representing 71.84% of the total shares outstanding.
2. Discharge of the Board of Directors and Certified Auditor Accountants from all compensation charges during financial year 2008. The decision was voted with 15.816.715 votes for, representing 71.84% of the total shares outstanding.
3. BoD remunerations for 2008, totaling to euro 280.000 were unanimusly approved with 15.816.715 votes for, representing 71.84% of the total shares outstanding. The 2009 net salary amounts were pre-approved also, the amount to be received be the executive members of the BoD for 2009 will be decreased by 30% compared to 2009. The decision was voted with 15.393.715 votes for, representing 69.62% of the total shares outstanding.
4. Amendment of article 1 of the Company's Articles of Association. The word "MILONAS" will be deleted from the Company's name, which today is "ALUMIL MILONAS - ALUMINIUM INDUSTRY S.A.". The decision was voted with 15.816.715 votes for, representing 71.84% of the total shares outstanding.
5. Assembly of the audit committee under article 37 of L. 3693/2008, which will consist of the independent non-executive members of the Board of Directors Anastasios Alexandridis, Hristos Sidiras, and the non-executive member George Doukidis. The decision was voted with 15.816.715 votes for, representing 71.84% of the total shares outstanding.
6. Ernst & Young Hellas Certified Auditors Accountants S.A. was elected as statutory and substitute Certified Auditor Accountants for 2009 with 15.816.715 votes for, representing 71.84% of the total shares outstanding.
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ALUMIL is ranked among the largest aluminium extrusion and profiles production private European groups (No 1 in Greece since 2000) establishing production sites, large sales networks and warehouses for products targeting architectural & industrial use, shipbuilding, transportation, etc. With 26 subsidiaries, 20 of which are spread throughout Europe, Africa and the Middle East, ALUMIL provides production sites in four Hellenic industrial areas, Romania, Bulgaria, Serbia, Bosnia and Albania. ALUMIL has successfully infiltrated into 45 markets in Europe, the Balkans, the M. East and in the U.S.A. A significant competitive advantage remains its widespread sales network in Greece and in every client-country. Parent company was founded in 1988 and since 1998 is listed in the Athens Stock Exchange. Included eight times in GrowthPlus' Europe's 500 for its contribution to the European economy, ALUMIL Group sales surpassed euro 285 m. in 2008, EBITDA reached euro 37 m. Alumil is an associated member of the European Aluminium Association as a recognition of the Company's significant contribution to the field of design and production of architectural aluminium systems, and industrial profiles.
(Symbols: Athens Stock Exchange: ΑΛΜΥ, Reuters: ALMr.AT, Bloomberg: ALMY GA, Telerate (Bloomberg): GR;ALMY).
Filoktimon Vakalis | Group Investor Relations & Research
Tel: +30 2341079300 | Fax: +30 2341071988 | Investors@Alumil.com
Kilkis Industrial Area | 61100 Kilkis | Greece | www.alumil.com
1. Approval of the 2008 Financial Statements under IFRS, the Board of Directors' (BoD) Report, the Certified Auditor Accountants' Report and earnings distribution. A euro 0.089 per share dividend payout was voted, representing 51.8% of the after tax earnings. The ex-dividend date is Wednesday, July 15th 2009. The dividend beneficiaries are the shareholders registered as investors in the DSS system on Friday, July 17th 2009 (record date). Dividend payout will be realized from Thursday, July 23rd 2009, via PIRAEUS BANK, until 31/12/2009. The company will inform investors regarding the dividend payment procedure with a new announcement. These decisions were voted with 15.816.715 votes for, representing 71.84% of the total shares outstanding.
2. Discharge of the Board of Directors and Certified Auditor Accountants from all compensation charges during financial year 2008. The decision was voted with 15.816.715 votes for, representing 71.84% of the total shares outstanding.
3. BoD remunerations for 2008, totaling to euro 280.000 were unanimusly approved with 15.816.715 votes for, representing 71.84% of the total shares outstanding. The 2009 net salary amounts were pre-approved also, the amount to be received be the executive members of the BoD for 2009 will be decreased by 30% compared to 2009. The decision was voted with 15.393.715 votes for, representing 69.62% of the total shares outstanding.
4. Amendment of article 1 of the Company's Articles of Association. The word "MILONAS" will be deleted from the Company's name, which today is "ALUMIL MILONAS - ALUMINIUM INDUSTRY S.A.". The decision was voted with 15.816.715 votes for, representing 71.84% of the total shares outstanding.
5. Assembly of the audit committee under article 37 of L. 3693/2008, which will consist of the independent non-executive members of the Board of Directors Anastasios Alexandridis, Hristos Sidiras, and the non-executive member George Doukidis. The decision was voted with 15.816.715 votes for, representing 71.84% of the total shares outstanding.
6. Ernst & Young Hellas Certified Auditors Accountants S.A. was elected as statutory and substitute Certified Auditor Accountants for 2009 with 15.816.715 votes for, representing 71.84% of the total shares outstanding.
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ALUMIL is ranked among the largest aluminium extrusion and profiles production private European groups (No 1 in Greece since 2000) establishing production sites, large sales networks and warehouses for products targeting architectural & industrial use, shipbuilding, transportation, etc. With 26 subsidiaries, 20 of which are spread throughout Europe, Africa and the Middle East, ALUMIL provides production sites in four Hellenic industrial areas, Romania, Bulgaria, Serbia, Bosnia and Albania. ALUMIL has successfully infiltrated into 45 markets in Europe, the Balkans, the M. East and in the U.S.A. A significant competitive advantage remains its widespread sales network in Greece and in every client-country. Parent company was founded in 1988 and since 1998 is listed in the Athens Stock Exchange. Included eight times in GrowthPlus' Europe's 500 for its contribution to the European economy, ALUMIL Group sales surpassed euro 285 m. in 2008, EBITDA reached euro 37 m. Alumil is an associated member of the European Aluminium Association as a recognition of the Company's significant contribution to the field of design and production of architectural aluminium systems, and industrial profiles.
(Symbols: Athens Stock Exchange: ΑΛΜΥ, Reuters: ALMr.AT, Bloomberg: ALMY GA, Telerate (Bloomberg): GR;ALMY).
Filoktimon Vakalis | Group Investor Relations & Research
Tel: +30 2341079300 | Fax: +30 2341071988 | Investors@Alumil.com
Kilkis Industrial Area | 61100 Kilkis | Greece | www.alumil.com