AUTOHELLAS S.A.

DECISIONS OF THE GENERAL SHAREHOLDERS MEETING

AUTOHELLAS S.A.

DECISIONS OF THE GENERAL SHAREHOLDERS MEETING (April 24th 2012)

 

Autohellas announces that its Annual General Shareholders Meeting took place on April 24th 2012 at 14:00 hours. 24 shareholders were present or represented with 28,029,123   voting rights represented out of a total of 36,360,000 shares a percentage of 77.09% of the total share capital.

 

The following decisions where taken by the General Shareholders Meeting:

 

  1. Approved unanimously the Company's annual financial statements for the fiscal year which ended on 31.12.2011, the Company's consolidated financial statements, and the management report by the board of directors and of the audit certificate by the Company's statutory auditor-accountant on the Company's financial statements and activities for the fiscal year which ended on 31.12.2011.
  2. Approved unanimously the discharge of the members of the board of directors and of the statutory auditors of the Company from any liability for their activity during the fiscal year ended on 31.12.2011.
  3. Unanimously elected mr Michail Zacharioudakis as tactical certified auditor and Mr Leonidas Mavromitrou as a substitute certified auditor for the year 2012 and has approved their remuneration.
  4. Unanimously approved of the remuneration of the members of the board of directors for their participation in the meetings of the board of directors and for their services to the Company for the fiscal year 2011 and pre-approval of remuneration for the fiscal year 2012.
  5. Unanimously approved the proposed dividend of €0.15 per share. Dividend is subject to 25% tax withholding in accordance with current legislation and therefore the net final amount payable will be 0.1125 Euro per share.
  6. As of the 30th of April 2012, which is the ex-dividend day, the shares will trade in the Athens Exchange without the right to the dividend. Beneficiaries of the dividend are shareholders registered in the company's records in the Dematerialized securities system on the 3rd of May 2012 (record date).   Dividend payment will commence on the 9th of May 2012 through ALPHA BANK.
  7. Unanimously approved the own shares purchases program in accordance to article 16 of Law 2190/1920
  8. Elected by majority (99.88%) the new board of directors in accordance to Law 3016/2002 on corporate governance.
  9. Approved unanimously the amendment of article 2 of the company's articles of association (purpose of the Company)
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