Telia: AGM decisions – Dividend approved – EGM approved change of name
26/5/2005 10:36
The Annual General Meeting of Telia Aqua Marine Limited took place on May 25, 2005 at the Hilton Hotel in Nicosia. The AGM was attended by the shareholders who represented 65.83% of the total share capital of the Company.
The AGM examined the Directors’ Report and the financial statements for the year ended December 31, 2004 and:
1. Approved the financial statements for the year ended December 31, 2004.
2. Reelected Mrs. Elli Hasikou as Board member who had withdrawn pursuant to the Company’s Articles of Association.
3. Set the remuneration of Board members, which will remain the same as in 2004.
4. Reappointed Gregoriou & Co as auditors and authorized the Board of Directors to set their remuneration for 2005.
5. Approved the proposal of the Board of Directors for the payment of 1.5 cents for every share to the shareholders registered as at June 10, 2005 (record date). As a result, the last day that the share will trade cum dividend will be June 7, 2005. The dividend will be posted to the shareholders by June 24, 2005.
Following the end of the AGM, the Extraordinary General Meeting approved the special resolution for the change of the Company’s name to TELIA AQUA MARINE PUBLIC LIMITED.
The AGM examined the Directors’ Report and the financial statements for the year ended December 31, 2004 and:
1. Approved the financial statements for the year ended December 31, 2004.
2. Reelected Mrs. Elli Hasikou as Board member who had withdrawn pursuant to the Company’s Articles of Association.
3. Set the remuneration of Board members, which will remain the same as in 2004.
4. Reappointed Gregoriou & Co as auditors and authorized the Board of Directors to set their remuneration for 2005.
5. Approved the proposal of the Board of Directors for the payment of 1.5 cents for every share to the shareholders registered as at June 10, 2005 (record date). As a result, the last day that the share will trade cum dividend will be June 7, 2005. The dividend will be posted to the shareholders by June 24, 2005.
Following the end of the AGM, the Extraordinary General Meeting approved the special resolution for the change of the Company’s name to TELIA AQUA MARINE PUBLIC LIMITED.
