The Annual General Meeting of the shareholders of K+G Complex Public Company Ltd was held on 21st June 2019. At the Annual General Meeting the following resolutions were approved:
1.The Management Report and the Financial Statements of the Company for the year ended 31 December 2018, were approved.
2. The payment of a dividend out of profits of the year 2018 amounting to €900.103,00 and corresponding to €0,007 per share was approved.
The Record Date for the dividend is Wednesday 10th July 2019, i.e. Inventors that will purchase shares at the Cyprus Stock Exchange (CSE) before market close on 8th July 2019 (Last Cum Date) will be entitled to the dividend. Furthermore, shareholders entitled to the dividend will also be the holders of shares based on an off-exchange transfer to be completed by the record date. The ex- dividend date is Tuesday 9th July 2019.
The dividend will be paid to the shareholders until Friday 26th July 2019.
3. The Directors Messrs. Costas Galatariotis and Stavros Galatariotis who were retired by rotation were re-elected as members of the Company’s Board of Directors.
4. It was resolved that the Directors’ remuneration for the year 2019 will remain to €400,00 for each member. It was also resolved that the Audit Committee remuneration will remain to €400,00 for each member.
5. PricewaterhouseCoopers Ltd were re-appointed as the Company’s Auditors and the Board of Directors was authorized to determine their remuneration for year 2019 at a later stage.
C.C.C. Secretarial Ltd
Limassol, 21st June 2019