The shareholders of Ave decided, during the Ordinary General Meeting, to approve a share capital increase in the amount of 3,003,860.00 euros, with the issuance of 3,003,860 new common registered shares, after voting rights, with a nominal value of 0.04 euros each, with an offering price of 1.00 euros per share, with the abolition of the pre-emptive right of the old shareholders and with the capitalization of existing payments of the company’s main shareholders.
The company’s announcement in detail:
“AVE SA” (the “Company”) announces that on Wednesday, July 20, 2022 at 09:00, the Ordinary General Meeting of the Company’s shareholders was held, in which legal shareholders representing 135,498,983 common registered shares attended and voting rights, on a total of 148,651,087 common registered shares with voting rights, i.e. 91.15%.
The Ordinary General Meeting discussed and took decisions on the agenda items as follows:
(i) In the 1st item of the agenda, the shareholders, unanimously and unanimously, approved the annual Financial Report and the annual financial statements of the Company and the Group, for the financial year 01.01.2021 – 31.12.2021, the relevant reports of the Board of Directors and Auditors, as well as the Corporate Governance Statement without amendments.
(ii) In the 2nd item of the agenda, the shareholders, unanimously and unanimously, approved the non-distribution of dividends for the 2021 fiscal year, given that there are accumulated losses from previous fiscal years.
(iii) In the 3rd item of the agenda, the shareholders, unanimously and unanimously, approved the overall management of the Company for the year 2021 and the exemption of the Auditors from any responsibility for compensation for the annual financial statements and the transactions of the year 01.01.2021 – 31.12.2021.
(iv) In the 4th item of the agenda, the shareholders, unanimously and unanimously, following a relevant proposal of the Audit Committee, decided to delegate the regular audit of the individual and consolidated financial statements of the Company for the year from 01.01.2022 to 31.12.2022 and the overview of the interim financial information for the period 01.01.2022-30.06.2022 in the company of Certified Auditors “Grant Thornton SA”. Furthermore, the shareholders decided, unanimously and unanimously, that the remuneration of the auditors should remain at last year’s levels.
(v) On the 5th item of the agenda, the shareholders, unanimously and unanimously, approved the Remuneration Report of article 112 of Law 4548/2018 for the year
2021, no changes.
(vi) In the 6th item of the agenda, the shareholders, unanimously and unanimously, approved for the corporate year from 01.01.2021 to 31.12.2021 the payment to the members of the Board of Directors of the fees reflected in the Remuneration Report of article 112 of the law. 4548/2018, for the 2021 fiscal year.
They also approved, unanimously and unanimously, the payment of fees for the corporate year from 01.01.2022 to 31.12.2022, which will be paid to the members of the Board of Directors for participation in its meetings and in meetings of its Committees, totaling up to 50,000.00 €, in accordance with the provisions of the applicable Remuneration Policy of the Company.”
Source: Capital
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