HB: AGM decisions – Dividend of €0.11 – EGM approved issue of shares - BoD
29/5/2008 10:11
The 34th Annual General Meeting of Hellenic Bank Public Company Ltd held on May 28, 2008 decided the following:
- Approved the Directors’ Report, the Auditors’ Report, the balance sheet and the profit and loss account for the year ended December 31, 2007.
- Approved the final dividend for 2007 (€0.11 per share), which will be paid to the shareholders on July 7, 2008.
The cum-dividend date will be June 6, 2008, while the ex-dividend date will be June 9, 2008.
Transactions carried out by Friday, June 6, 2008 are entitled to the final dividend.
- Reelected Messrs. Andreas Mousiouttas, Sotiris Kallis, Ioannis Charilaou, Georgios Pavlou, Kyriakos Drousiotis and Pieris Theodorou as Board members.
- Approved the remuneration of the Board members.
- Reappointed KPMG as auditors.
The auditors’ remuneration will be set at the sole discretion of the Board of Directors.
The Extraordinary General Meeting held on May 28, 2008 approved the following special resolution:
Special Resolution
“It is decided that the Board of Directors of Hellenic Bank Public Company Limited – irrespective of any other provisions of the Articles of Association – is authorized to issue and allocate up to 20,000,000 new shares of Hellenic Bank Public Company Limited of nominal value of €0.43 per share for the period of 12 months after May 28, 2008. The issue price will be based on the market value of the share with a maximum discount of 10% and these shares can be issued and allocated to any financial organizations or persons within the framework of this resolution and the explanatory note that was posted to the shareholders together with the notification for the Extraordinary General Meeting on May 28, 2008. These shares may be issued under the terms that the Board of Directors decides, via acquisitions, strategic alliances and other actions towards the achievement of the strategic and business targets of the Group of Hellenic Bank and any other aims as these are determined in the Articles of Association”.
The Board of Directors also held a meeting in order to become a body. Dr. Andreas Panayiotou was reelected as Chairman and Mr. Andreas Mousiouttas as Deputy Chairman.
- Approved the Directors’ Report, the Auditors’ Report, the balance sheet and the profit and loss account for the year ended December 31, 2007.
- Approved the final dividend for 2007 (€0.11 per share), which will be paid to the shareholders on July 7, 2008.
The cum-dividend date will be June 6, 2008, while the ex-dividend date will be June 9, 2008.
Transactions carried out by Friday, June 6, 2008 are entitled to the final dividend.
- Reelected Messrs. Andreas Mousiouttas, Sotiris Kallis, Ioannis Charilaou, Georgios Pavlou, Kyriakos Drousiotis and Pieris Theodorou as Board members.
- Approved the remuneration of the Board members.
- Reappointed KPMG as auditors.
The auditors’ remuneration will be set at the sole discretion of the Board of Directors.
The Extraordinary General Meeting held on May 28, 2008 approved the following special resolution:
Special Resolution
“It is decided that the Board of Directors of Hellenic Bank Public Company Limited – irrespective of any other provisions of the Articles of Association – is authorized to issue and allocate up to 20,000,000 new shares of Hellenic Bank Public Company Limited of nominal value of €0.43 per share for the period of 12 months after May 28, 2008. The issue price will be based on the market value of the share with a maximum discount of 10% and these shares can be issued and allocated to any financial organizations or persons within the framework of this resolution and the explanatory note that was posted to the shareholders together with the notification for the Extraordinary General Meeting on May 28, 2008. These shares may be issued under the terms that the Board of Directors decides, via acquisitions, strategic alliances and other actions towards the achievement of the strategic and business targets of the Group of Hellenic Bank and any other aims as these are determined in the Articles of Association”.
The Board of Directors also held a meeting in order to become a body. Dr. Andreas Panayiotou was reelected as Chairman and Mr. Andreas Mousiouttas as Deputy Chairman.
