ALUMIL ALUMINIUM INDUSTRY S.A.
ANNUAL GENERAL SHAREHOLDERS' MEETING - ANNOUNCEMENT
We inform you that ALUMIL Annual General Shareholders Meeting (GSM) was realized today on 06/06/2008, in Kilkis Industrial Area. The following decisions were unanimously voted with a 71.45% of the paid-up share capital, namely 15.730.253 shares voted, out of 22.016.250 in total. The following decisions were unanimously voted, by the seven shareholders:
1) Approval of the 2007 Financial Statements under IFRS, the Board of Directors' (BoD) Report, the Certified Auditor Accountants' Report and earnings distribution, with 15.730.253 votes for, representing 71.45% of the total shares outstanding.
2) Discharge of the Board of Directors and Certified Auditor Accountants from all compensation charges during financial year 2007. BoD remunerations were approved, totaling to euro 280.000 and the 2008 amounts were pre-approved also, amounting to euro 280.000. All decisions were voted with 15.730.253 votes for, representing 71.45% of the total shares outstanding.
3) New BoD was elected: George Alex. Milonas, Evangelia Alex. Milona, Eftihia Milona, widow of Alex. Milonas (executive members), George I. Doukidis (non-executive member), Anastasios C. Alexandridis and Hristos A. Sidiras (independent-non-executive members).
4) The GSM authorises the BoD to further negotiate the terms and the decision to draw one, common debenture bond, according to art. 6 law 3156/2003, without trading or conversion rights. Authorization is valid for a bond up to euro 10 m. worth. In this way, financial expenses are significantly improved and capital structure is strengthened. This decision was voted with 15.730.253 votes for, representing 71.45% of the total shares outstanding.
5) A euro 0.14 per share dividend payout was voted, representing 61.5% of the after tax earnings. Shareholders entitled to dividend are those who own Alumil shares on Monday, 09/06/2008 (record date). From Tuesday 10/06/2008, Alumil shares will be trading ex-dividend. Dividend payout will be realized from Thursday 19/06/2008, via PIRAEUS BANK, for two years, until 31/12/2009. Dividend payout and further details shall be announced later today, through the Company and the Press. The decision was voted with 15.730.253 votes for, representing 71.45% of the total shares outstanding.
6) Ernst & Young Hellas Certified Auditors Accountants S.A. was elected as statutory and substitute Certified Auditor Accountants for 2007 with 15.730.253 votes for, representing 71.45% of the total shares outstanding.
1) Approval of the 2007 Financial Statements under IFRS, the Board of Directors' (BoD) Report, the Certified Auditor Accountants' Report and earnings distribution, with 15.730.253 votes for, representing 71.45% of the total shares outstanding.
2) Discharge of the Board of Directors and Certified Auditor Accountants from all compensation charges during financial year 2007. BoD remunerations were approved, totaling to euro 280.000 and the 2008 amounts were pre-approved also, amounting to euro 280.000. All decisions were voted with 15.730.253 votes for, representing 71.45% of the total shares outstanding.
3) New BoD was elected: George Alex. Milonas, Evangelia Alex. Milona, Eftihia Milona, widow of Alex. Milonas (executive members), George I. Doukidis (non-executive member), Anastasios C. Alexandridis and Hristos A. Sidiras (independent-non-executive members).
4) The GSM authorises the BoD to further negotiate the terms and the decision to draw one, common debenture bond, according to art. 6 law 3156/2003, without trading or conversion rights. Authorization is valid for a bond up to euro 10 m. worth. In this way, financial expenses are significantly improved and capital structure is strengthened. This decision was voted with 15.730.253 votes for, representing 71.45% of the total shares outstanding.
5) A euro 0.14 per share dividend payout was voted, representing 61.5% of the after tax earnings. Shareholders entitled to dividend are those who own Alumil shares on Monday, 09/06/2008 (record date). From Tuesday 10/06/2008, Alumil shares will be trading ex-dividend. Dividend payout will be realized from Thursday 19/06/2008, via PIRAEUS BANK, for two years, until 31/12/2009. Dividend payout and further details shall be announced later today, through the Company and the Press. The decision was voted with 15.730.253 votes for, representing 71.45% of the total shares outstanding.
6) Ernst & Young Hellas Certified Auditors Accountants S.A. was elected as statutory and substitute Certified Auditor Accountants for 2007 with 15.730.253 votes for, representing 71.45% of the total shares outstanding.