Resolutions of the Bank's A' Repeated Extraordinary General Meeting of 29/11/2004 | Eurobank
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Resolutions of the Bank's A' Repeated Extraordinary General Meeting of 29/11/2004

EFG Eurobank Ergasias S.A. announces that in the A’ Repeated Extraordinary General Meeting of its shareholders, which took place on the 29th of November 2004, were discussed all the items of the Agenda, according to the invitation dated 15-11-2004.
EFG Eurobank Ergasias S.A. announces that in the A’ Repeated Extraordinary General Meeting of its shareholders, which took place on the 29th of November 2004, were discussed all the items of the Agenda, according to the invitation dated 15-11-2004. The shareholders were informed about the distribution of interim dividend and about the shareholders from whom the Bank acquired its own shares.   The above General Meeting resolved the following:
  1. The distribution of 700,000 free shares to the staff, in accordance with article 16 par. 2, point 6 of the c.l. 2190/1920 and article 1 of the p.d. 30/1988, which will derive from the share capital increase of 2,065,000 euros through capitalization of an equivalent part of the special reserve for the own shares formed up to and including the 31st of December 2002, as well as the respective amendment of article 5 of the articles of association of the Bank. The shares that will be issued will be entitled to dividend for the financial year of 2004, including the interim dividend. The Board of Directors has been authorized to arrange the process and the details.

    The percentages of the quorum and the majority on that issue were the following:
    Quorum: 164,553,130 shares, representing 53.02% of the paid up share capital, including 186,899 shares with no voting right.
    Voted for: 162,939,961 shares, equal to 99.13% of the represented shares with voting right
    Voted against: 106,323 shares, representing 0.06% of the represented shares with voting right.
    Abstained from voting: 1,319,947 shares, representing 0.8% of the represented shares with voting right
  2. The amendment of the  decision of the Ordinary  General Meeting dated 5/4/2004, and especially the offering of the benefit to the holders of the stock options of the program 2005-2007, for the total amount of 1,550,000 shares, to exercise their rights starting from the  month of December 2004, with an additional cost of € 0.30 per share. Apart from that, the relevant decision of the Ordinary  General Meeting dated 5/4/2004  will be applied. The shares that will be issued will be entitled to dividend for the financial year of 2004, including the interim dividend. The Board of Directors has been authorized to arrange the process and the details.
    The percentages of the quorum and the majority on that issue were the following:
    Quorum: 164,553,130 shares, representing 53.02% of the paid up share capital, including 186,899 shares with no voting right.
    Voted for: 162,331,917 shares, representing98.76% of the represented shares with voting right .
    Voted against: 713.734 shares, representing 0.43% of the represented shares with voting right
    Abstained from voting: 1,320,580 shares, representing 0.8% of the represented shares with voting right.
    The above mentioned resolutions of the General Meeting will be implemented after obtaining the relative approvals from the competent supervisory authorities and following the legal procedure.