Decisions of the Annual General Meeting
Decisions of the Annual General Meeting
(25.09.2016)
«HELLENIC FABRICS S.A.» announces that the Annual General Meeting of the Company's shareholders was held on Sunday 25.09.2016 at 10:00 hrs, at the company's head offices, on 42nd Klm. N.R.Thessalonikis- Edessas, in N. Pella. The AGM was attended by eight shareholders, either in person or by proxy, who represented 8.773.728 shares-votes out of 13,692,227 total shares, that is 64,08% of the issued share capital, and on the topics of the Agenda the shareholders:
1. Approved the Individual and Consolidated Financial Statements of the Company according to IFRS for the fiscal year 01.01.2015 to 31.12.2015, with the relevant Annual Reports of the Board of Directors and the Auditors and confirmed the non distribution of dividends.
Number of shares for which valid votes were cast: 8.773.728
Percentage of the share capital: 64,08%
Total valid votes: 8.773.728
Voting results and percentages of valid:
For: 8.773.728 (100%). Against: 0 (0%) Blank/Abstained: 0 (0%)
2. Discharged the Members of the Board of Directors and the Auditors from any responsibility for compensation concerning the fiscal year from 1.1.2015 to 31.12.2015.
Number of shares for which valid votes were cast: 8.773.728
Percentage of the share capital: 64,08%
Total valid votes: 8.773.728
Voting results and percentages of valid:
For: 8.773.728 (100%). Against: 0 (0%) Blank/Abstained: 0 (0%)
3. Appointed «ERNST & YOUNG HELLAS S.A. CERTIFIED AUDITORS ACCOUNTANTS», as auditors for the fiscal year 2016. The same company with a letter will designate its members who will serve as regular and substitute auditors. Their fee will derive after negotiations with the authorized company's chairman of the board of directors.
Number of shares for which valid votes were cast: 8.773.728
Percentage of the share capital: 64,08%
Total valid votes: 8.773.728
Voting results and percentages of valid:
For: 8.773.728 (100%). Against: 0 (0%) Blank/Abstained: 0 (0%)
4. Approved the wages and compensation paid to the executives and non-executives members of the Board of Directors in 2015 and preliminary approved the wages and compensations for 2016.
Number of shares for which valid votes were cast: 8.773.728
Percentage of the share capital: 64,08%
Total valid votes: 8.773.728
Voting results and percentages of valid:
For: 8.773.728 (100%). Against: 0 (0%) Blank/Abstained: 0 (0%)
5. Regarding the item 5 of the Agenda, «Announcements and other Issues», there was not any relevant announcement or decision to be taken.