Announcement of voting results of Shareholder's Annual General Meeting
In accordance with article 32 of Codified Law 2190/1920, INTRALOT notifies the following voting results on agenda issues of the Ordinary General Assembly dated May 16th 2012:
1. Submission for approval of the corporate and consolidated annual financial statements of the fiscal year 01.01.2011 to 31.12.2011, in accordance with the International Financial Reporting Standards (I.F.R.S.), after hearing the relevant Board of Directors' Reports and the Certified Auditor's Report regarding the above mentioned year; and decision on the distribution of said year's profits.
The corporate and consolidated annual Financial Statements of the period 01.01.2011 – 31.12.2011 of INTRALOT were approved.
Number of shares for which valid votes were cast: 71,435,356
Percentage of share capital: 44.94%
Valid votes: 71,435,356
Voting and percentage of valid votes: For 71,435,356 (100.00%), Against 0 / Abstention 0
2. Discharge of both the Board of Directors members and the Certified Auditor from any liability for indemnity regarding Company's management, the financial statements and the consolidated financial statements during the fiscal period under examination (01.01.2011-31.12.2011).
The discharge of the members of the Board of Directors and of the Certified Auditors from any liability for indemnity during the fiscal period under examination was approved.
Number of shares for which valid votes were cast: 71,435,356
Percentage of share capital: 44.94%
Valid votes: 71,435,356
Voting and percentage of valid votes: For 71,435,356 (100.00%), Against 0 Abstention 0
3. Election of regular and alternate Certified Auditors for the audit of the fiscal year 1.1.2012 to 31.12.2012 and determination of their fees.
The election of company “S.O.L. S.A.” for the audit of the fiscal year 01.01.2012 – 31.12.2012 was approved and its remuneration has been determined.
Number of shares for which valid votes were cast: 71,435,356
Percentage of share capital: 44.94%
Valid votes: 71,435,356
Voting and percentage of valid votes: For 64,284,037 (89.99%), Against 787,069 (1.10%), Abstention 6,364,250 (8.91%)
4. Approval of remuneration on the profits and compensations of the Board of Directors members for the fiscal year 2011 and pre-approval of remuneration and compensations of non-executive members of the Board of Directors for the year 2012, pursuant to art. 24 of Codified Law 2190/1920 & art. 5 of the Law 3016/2002.
In accordance with Article 24 of Codified Law 2190/1920, the remunerations of the members of the Board of Directors, in proportion with the participation time of each member of the Board of Directors from 1.1.2011 to 31.12.2011, were approved. Moreover it was decided, in accordance with Article 5 of L. 3016/2002, the determination of the remuneration of the current year of the non-executive members of the Board of Directors for the time spent during the meetings of the Board of Directors and in the fulfillment of their duties and the Board of Directors was authorized to proceed to the necessary actions for the implementation of the above mentioned.
Number of shares for which valid votes were cast: 71,435,356
Percentage of share capital: 44.94%
Valid votes: 71,435,356
Voting and percentage of valid votes: For 64,419,927 (90.18%), Against 206,179 (0.29%), Abstention 6,809,250 (9.53%)
5. Determination of the maximum salary of Board of Directors members employed by the Company as for the period 01.07.2012 - 30.06.2013 pursuant to art. 23a of Codified Law 2190/1920– Granting of approval for the signature of a dependent employment agreement with member of the Board of Directors pursuant to art. 23a of Codified Law 2190/1920
An approval was granted for the signature of a dependent employment agreement with the Chairman of the Board of Directors Mr. Socratis Kokkalis, and the maximum salaries of the same and of the members of the Board of Directors employed by the Company were determined and more specifically those of Messrs Constantinos Antonopoulos, Andreas Papoulias and Fotios Mavroudis.
Number of shares for which valid votes were cast: 71,435,356
Percentage of share capital: 44.94%
Valid votes: 71,435,356
Voting and percentage of valid votes: For 50,595,942 (70.83%), Against 12,997,919 (18.19%), Abstention 7,841,495 (10.98%)
6. Granting authorization to both Board of Directors members and Company's Directors to participate in the Board of Directors or in the management of other affiliated companies as those companies are defined in article 42e' of Codified Law 2190/1920.
The grant of authorization for the members of the Board of Directors and of the Directors of the company to participate in the Board of Directors or the administration of other affiliated companies as provided by article 42 § e' of C.L. 2190/1920 was approved.
Number of shares for which valid votes were cast: 71,435,356
Percentage of share capital: 44.94%
Valid votes: 71,435,356
Voting and percentage of valid votes: For 71,105,459 (99.54%), Against 0 Abstention 329,897 (0.46%)
7. Share buy back pursuant to art. 16 of Codified Law 2190/1920 and granting of authorization to the Board of Directors of the Company for the observation of the formalities under the provisions of the law.
A share buy-back program, in accordance with the provisions of the art.16 of C.L. 2190/1920, was approved up to an amount of shares not exceeding 10% of the company's paid up share capital for a period of the next 24 months, starting from 16.05.2012 and ending on 16.05.2014, minimum price €0,1 and maximum price €10, while the possibility of holding such shares for future acquisition of shares of other company was provided.
Number of shares for which valid votes were cast: 71,435,356
Percentage of share capital: 44.94%
Valid votes: 71,435,356
Voting and percentage of valid votes: For 71,105,459 (99.54%), Against 0 Abstention 329,897 (0.46%)
Attended by 96 shareholders representing 71,435,356 shares with a corresponding number of votes (quorum rate 44.94%)