AVAX S.A.
Decisions of the General Meeting
Pursuant to Article 4.1.3.3 of the Athens Stock Exchange Regulation, J&P-AVAX SA announces that an Extraordinary Shareholders Meeting was held on Wednesday 07.04.2010 with the direct or via proxy participation of shareholders representing 24,176,131 shares and voting rights, corresponding to 31.13% of the Company's total stock and voting rights.
The General Meeting approved with a 30.92% consent of the Company's total voting rights the proposal of the Board of Directors for the issue of a syndicated bond loan worth up to €285 million, with a duration of up to 8.5 years, intended to re-finance existing bond loans and finance part of the Company's equity contribution to concession companies, and authorised the Board to agree upon and sign all relevant contracts and documents.
The General Meeting approved with a 30.92% consent of the Company's total voting rights the proposal of the Board of Directors for the issue of a syndicated bond loan worth up to €285 million, with a duration of up to 8.5 years, intended to re-finance existing bond loans and finance part of the Company's equity contribution to concession companies, and authorised the Board to agree upon and sign all relevant contracts and documents.