Athens, 09.04.2021

 

 

ANNOUNCEMENT

 

RESOLUTIONS OF THE  EXTRAORDINARY GENERAL MEETING OF ELVALHALCOR S.A. OF THE 9^th April 2021

 

In Athens, on the 9th of April 2021, Friday, at 9:30 a.m., the Extraordinary Meeting of the Company's shareholders was held at the conference room (1^st floor) of «KANAL, ALUMINIUM CAN RECYCLING CENTER», 43 Amaroussiou – Chalandriou Street. Seven (7) shareholders representing 343,308,200 shares of a total of 375,241,586 i.e. 91.49% of the share capital, attended the meeting and decided as follows, on the issues of the agenda:

 

1) Approved by 343,308,200 votes, i.e. by a majority of 100% of attended and represented shares (343,308,200 votes), the distribution of an amount of EUR 90,867,433.65 which corresponds to EUR 0.2421571510 per share from the profits of previous years, according to article 162 paragraph 3 of Law 4548/2018. This amount will be granted in part in the form of securities listed on a regulated market in accordance with paragraphs 4 and 5 of article 161 of Law 4548/2018 (and in particular in the form of shares of Cenergy Holdings listed on the Brussels and Athens stock market exchanges) and partly in cash. In particular, the shareholders will receive for each company share they hold, 0.1275100992 shares of Cenergy Holdings and EUR 0.015. According to article 18 paragraph 1 of Law 4548/2018, Cenergy Holdings shares were valued based on the weighted average price on the stock exchanges in which they are traded, during the semester that ended on the last working day prior to the general meeting.

Shareholders are entitled to receive only a whole number of Cenergy Holdings shares. Shareholders who are entitled to fractional rights will receive the corresponding amount in cash.

With regard to the Financial Calendar, the date of identification of the beneficiaries of the above distribution is set on 15/04/2021, the cut-off date is set on 14/04/2021, and the starting date of dividend payment to shareholders is set on 20/04/2021.

 

Against: 0 votes, representing 0% of attended and represented shares.

Abstain: 0 votes, representing 0% of attended and represented shares.

 

2) Approved by 343,308,200 votes, i.e. by a majority of 100% of attended and represented shares (343,308,200 votes),  the continuation of the coverage of the unoccupied, with the resignation of Mrs. Natalia Nikolaidis of Emmanuel, position of the independent, according to article 4 of law 3016/2002, as in force, non-executive member of the Board of Directors of the Company by Mr. Vasileios Loumiotis of Ioannis, until the end of the term of the resigned independent non-executive member, i.e. until 24-5-2021, to be extended, in accordance with article 85, par. 1, sec. c) of law 4548/2018, as in force, and article 11 par. 2 of the Company's Articles of Association, up to the lapse of the time limit, within which the Company's Shareholders  Annual General Meeting is to be convened in 2021 and up to the taking of the relevant decision, and in any case, not exceeding two years.

 

Against: 0 votes, representing 0% of attended and represented shares.

Abstain: 0 votes, representing 0% of attended and represented shares.

 

3)  Finally, the Shareholders were informed of the following:

Pursuant to article 12 par. 1 of the Company's Articles of Association, article 82 of law 4548/2018 and article 3 of law 3016/2002, it is announced to the Extraordinary General Meeting of the Company's Shareholders that the Board of Directors of the Company, in its session, on 19-1-2021, unanimously elected Mr. Christos-Alexis Komninos of Konstantinos, as a new non-executive member of the Board of the Directors of the Company, to replace the resigned, on 12-1-2021, executive member of the Board of Directors οf the Company, Mr. Eytychios Kotsambasakis of Georgios, for the rest of his term, that is until 24-5-2021, which is extended, according to article 85 par. 1 sec. c) of Law 4548/2018, as in force, and article 11 par. 2 of the Company's Articles of Association, up to the lapse of the time limit, within which the Company's Shareholders  Annual General Meeting is to be convened in 2021 and up to the taking of the relevant decision, and in any case, not exceeding two years.

 

Topic 3 was an announcement to the Extraordinary General Meeting of the Company's Shareholders and was not put to a vote.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

About ElvalHalcor

ElvalHalcor is a leading global industrial producer of aluminium and copper products. The Company was formed in December 2017 via the merger of ELVAL and HALCOR. ElvalHalcor currently holds a leading position in Europe in the copper tubes sector, while also having established its leading position within the global aluminum rolling industry. The Company has over 80 years of experience and know-how, a strong production base across 17 state-of-the-art production plants and a market presence in over 100 countries. ElvalHalcor offers sustainable solutions and products in dynamically developing markets such as packaging, transportation, building and construction, heating, cooling and air conditioning and RES. ElvalHalcor's growth focuses on investing in technology and sustainable development, thereby creating value for its stakeholders. For more information about the Company, please visit the website www.elvalhalcor.com.