Muskita: AGM decisions – Additional dividend of 2004 and 2005 of 4.4 cents
We wish to inform you that the Annual General Meeting of Muskita Aluminium Industries Plc held on Wednesday, September 20, 2006 at 6.00 pm at the Company’s office, Limassol Industrial Area, decided the following:
1. Approved the audited financial statements for the financial year ended December 31, 2005 and the Auditors’ report.
2. Approved the proposal of the Board of Directors for the payment of an additional final dividend of £315,000 for 2004 and a final dividend of £3,315,000 for 2005. The total dividend approved is of 4.4 cents per share or 44% on the nominal value of the share of 10 cents and stands at £2,630,000.
The dividend will be paid to all shareholders registered as at October 2, 2006 on October 20, 2006. The share will trade ex-dividend on September 28, 2006.
3. Reelected Messrs. Demetris Papacharalambous and Demetris Dimadis as Board members.
4. Set the remuneration of Board members, which will remain the same (£1,200 each).
5. Approved the reappointment of auditors and authorized the Board of Directors to set their remuneration.
1. Approved the audited financial statements for the financial year ended December 31, 2005 and the Auditors’ report.
2. Approved the proposal of the Board of Directors for the payment of an additional final dividend of £315,000 for 2004 and a final dividend of £3,315,000 for 2005. The total dividend approved is of 4.4 cents per share or 44% on the nominal value of the share of 10 cents and stands at £2,630,000.
The dividend will be paid to all shareholders registered as at October 2, 2006 on October 20, 2006. The share will trade ex-dividend on September 28, 2006.
3. Reelected Messrs. Demetris Papacharalambous and Demetris Dimadis as Board members.
4. Set the remuneration of Board members, which will remain the same (£1,200 each).
5. Approved the reappointment of auditors and authorized the Board of Directors to set their remuneration.
