Ιn accordance with paragraph 4.1.3.3 of the Athens Stock Exchange's regulation, J&P-AVAX SA announces that the Annual General Meeting of the Company's shareholders was held on June 29, 2011 at its headquarters, with 25,602,127 shares or 32.97% of total voting rights being represented.
Shareholders voted on the agenda as follows:
Item #1: Approval of Annual Accounts 2010, Directors' Review and Auditors Review
[unanimously 25,602,127 shares or 32.97% in favour]
Item #2: Distribution of a €0.04 gross dividend per share (net dividend of €0,0316 per share, following a 21% withholding tax levied by Law 3943/2011) for fiscal 2010 to shareholders on register at the close of the June 30, 2011 session of the Athens Stock Exchange (record date July 05, 2011). The shares will trade ex-dividend on Friday July 01, 2011 and dividend payment will start on Friday July 08, 2011. For further information, shareholders may contact the Company's shareholders department (Ms Elisabeth Michailari 210-6375685 and Mr Angelos Kiosklis 210-6375592).
[unanimously 25,602,127 shares or 32.97% in favour]
Item #3: Waiver of responsibility of Board of Directors and Auditors for 2010 accounts [unanimously 25,602,127 shares or 32.97% in favour]
Item #4: Election of BDO Auditing as auditors to the 2009 accounts [25,575,041 shares or 32.94% in favour, 25,543 shares or 0.03% against, and 1,543 shares or 0.00% abstained]
Item #5: Approval of a gross €900,000 total remuneration of members of the Board of Directors for 2010, and preliminary approval of a gross €900,000 total remuneration for 2011
[25,575,041 shares or 32.94% in favour, 25,543 shares or 0.03% against, and 1,543 shares or 0.00% abstained]
Item #6: Approval of participation of the Company into other companies and joint ventures set up in 2010
[25,571,649 shares or 32.94% in favour, 25,543 shares or 0.03% against, and 4,935 shares or 0.00% abstained]
Item #7: Replacement of members of the Board of Directors [the item was not discussed because no need for director replacement arose]
Item #8: Approval as per article 23a of Corporate Law2190/1920 on contracts signed between the Company and members of its Board of Directors and their related parties
[25,529,238 shares or 32.88% in favour, 71,346 shares or 0.09% against, and 1,543 shares or 0.00% abstained]
Item #9: Approval as per article 23a of Corporate Law2190/1920 on members of the Board of Directors participating in the management of companies with similar activities
[unanimously 25,602,127 shares or 32.97% in favour]
Item #10: The chairman of the AGM informed shareholders of latest developments concerning the Company
[25,554,781 shares or 32.91% in favour, 45,803 shares or 0.06% against, and 1,543 shares or 0.00% abstained].