- 14 February 2019
- Posted by: eyath-editor
- Category: Corporate announcements
The “WATER SUPPLY AND SEWERAGE SYSTEMS COMPANY OF THESSALONIKI S.A” announces that on the 30th of June 2014 in the Hyatt Regency Thessaloniki Hotel , 13 km Thessaloniki – Peraias, the Annual General Assembly of the Shareholders took place, in which legally presented in person or through proxy 12 shareholders representing 29.351.948 shares, or a percentage of 80.85% of the Company share capital. The following decisions were taken:
1: Approved the Amended Company annual financial statements for the 12th Company fiscal year (1-1-2012 until the 31-12-2012) due to the amended IAS 19 ‘staff provisions’
Number of shareholders of valid votes 29.351.948 (80.85% of the share capital)
29.351.948 votes in favour (80.85% of the share capital)
0 votes against (0% of the share capital)
0 votes abstention (0% of the share capital)
2: Approved the Company annual financial statements, the BoD reports and the Chartered Auditors’ reports for the 13th Company fiscal year (1-1-2013 until the 31-12-2013).
Number of shareholders of valid votes 29.351.948 (80.85% of the share capital)
29.351.948 votes in favour (80.85% of the share capital)
0 votes against (0% of the share capital)
0 votes abstention (0% of the share capital)
3: Discharged the members of the BoD and the Chartered Auditors from any liability regarding the actions of the last Managerial fiscal year (1-1-2013 until the 31-12-2013).
Number of shareholders of valid votes 29.351.948 (80.85% of the share capital)
29.351.948 votes in favour (80.85% of the share capital)
0 votes against (0% of the share capital)
0 votes abstention (0% of the share capital)
4: Approved the salaries and compensations paid to the members of the Board of Directors during the fiscal year 2013 as well as pre approved the salaries for the Chairman, Managing Director, members and Secretary of the Board of Directors for the fiscal year 2014.
Number of shareholders of valid votes 29.351.948 (80.85% of the share capital)
29.345.314 votes in favour (80.841% of the share capital)
6.634 votes against (0,018% of the share capital)
0 votes abstention (0% of the share capital)
5: Elected the GRANT THORNTON SA as the Chartered Auditors for the general and tax audit of the fiscal year 2014 and pre approved their fees.
Number of shareholders of valid votes 29.351.948 (80.85% of the share capital)
29.345.314 votes in favour (80.841% of the share capital)
6.634 votes against (0,018% of the share capital)
0 votes abstention (0% of the share capital)
6: Approved the dividend payment to the Company shareholders of 0.120 euros per share, which net of tax of 10% the paid up dividend amount will be at 0.108 euros. The dividend cut will take place on the 14th of August 2014 and the dividend payment to the holders will commence on the 25th of August 2014.
Number of shareholders of valid votes 29.351.948 (80.85% of the share capital)
29.351.948 votes in favour (80.85% of the share capital)
0 votes against (0% of the share capital)
0 votes abstention (0% of the share capital)
7: Approved the distribution of untaxed reserves to company shareholders net amount of €0.065 per share. The distribution of the amount of the tax-free reserve will be held on August 14, 2014 and the payment to the beneficiaries will begin on August 25, 2014.
Number of shareholders of valid votes 29.351.948 (80.85% of the share capital)
29.351.948 votes in favour (80.85% of the share capital)
0 votes against (0% of the share capital)
0 votes abstention (0% of the share capital)
8: Approved the return to the shareholders of the outstanding balance of raised funds, net amount of €0.10 per share. The distribution of the amount of the outstanding balance of the funds raised will be held on August 14, 2014 and the payment of the dividend will commence on the 25th of August 2014.
Number of shareholders of valid votes 29.351.948 (80.85% of the share capital)
29.351.948 votes in favour (80.85% of the share capital)
0 votes against (0% of the share capital)
0 votes abstention (0% of the share capital)
9: Approved the protocol of delivery and acceptance of fixed assets EYATh SA to EYATh Fixed Assets and the settlement of financial obligations created between them.
Number of shareholders of valid votes 29.351.948 (80.85% of the share capital)
29.351.948 votes in favour (80.85% of the share capital)
0 votes against (0% of the share capital)
0 votes abstention (0% of the share capital)
10: Define an Audit Committee in accordance with Article 37 of Law 3693/2008.
Number of shareholders of valid votes 29.351.948 (80.85% of the share capital)
29.348.092 votes in favour (80.848% of the share capital)
3,856 votes against (0,0106% of the share capital)
0 votes abstention (0% of the share capital)
11: Decided to grant authorization pursuant to article 23 of Law 2190/1920, to the members of the Board and Managers to participate in the Board’s subsidiary EYATh SA under the title of EYATh SERVICES SA
Number of shareholders of valid votes 29.351.948 (80.85% of the share capital)
29.351.948 votes in favour (80.85% of the share capital)
0 votes against (0% of the share capital)
0 votes abstention (0% of the share capital)
12: The President & CEO of the Company,
a) Informed the Ordinary General Assembly on the progress and goals of the Company
b) Announced the TAIPED statements which has as follows:
The Council of State on EYDAP creates a new situation in the issue of privatization of water companies.
It is mentioned that the TAIPED, respecting legal institutions, but also the reactions of the local community, will proceed to the next period in review process utilizing EYATh and announce the relevant decisions.
It is noted that the role of TAIPED is to utilize all elements of public property in the public interest, and therefore the interests of citizens, while also required to ensure the legitimacy, effectiveness and credibility of the privatization program.
The Annual General Meeting approved a €10,000 grant and a loan of €6,000 given for health reasons to a company personnel, prior to the Annual General Meeting in June 2010. Noted that, these debts have been repaid by the employee.
Number of shareholders of valid votes 29.351.948 (80.85% of the share capital)
29.351.948 votes in favour (80.85% of the share capital)
0 votes against (0% of the share capital)
0 votes abstention (0% of the share capital)
