The issuance of a Joint Bond Loan amounting to 250 million euros, lasting seven years without collateral and the election of a new member of the Board. The Extraordinary General Meeting of ElvalHalcor, convened on November 5, decided to resign.
More specifically:
“In Athens, on November 5, 2021, on Friday at 10:00 am, an Extraordinary General Meeting of Shareholders of the public limited company was held under the name” ELVALHALCOR HELLENIC INDUSTRY OF COPPER “AND” ALUMINUM ” twenty-four (24) shareholders, holders of 324,398,602 shares out of a total of 375,241,586 shares of the Company, ie 86.45% of the total shares and votes and on the items on the agenda. decided as follows:
Topic 1 – Issuance of a Common Bond Loan to be listed on the Athens Stock Exchange:
They decided, with 324,398,602 votes, ie with a majority of 100% of the votes present and represented at the General Assembly, the issuance of a joint, interest-bearing, bond loan in accordance with Law 4548/2018 and other applicable provisions, totaling up to the amount of two hundred and fifty million euros (Euro 250,000,000.00) and lasting seven (7) years without the provision of collateral, the placement of bonds with public offering in Greece and their listing on the Athens Stock Exchange, while authorizing the Board of Directors of the Company to finalize the final terms of the above bond loan and to take all legal and material actions that are or will be deemed necessary or expedient, in order to complete the issuance, distribution and listing of the bonds on the Athens Stock Exchange, with the possibility of granting authorization to members and / or to Company executives to provide any necessary for the issuance, distribution and import of bonds on the Athens Stock Exchange applications, statements and assurances on behalf of the Company as well as for the conclusion and signing of bonds, contracts or any other document deemed necessary for the completion of the issuance, distribution and listing on the Athens Stock Exchange. In any case, it remains at the discretion of the Company’s Management to complete the process of issuing the above bond loan, taking into account market conditions.
Against: zero (0) votes, ie zero (0)% of the votes present and represented.
Abstention: zero (0) votes, ie zero (0)% of the votes present and represented.
Issue 2 – Announcement of the election of a member of the Board of Directors of the Company, as a temporary independent non-executive member, to replace a resigned independent non-executive member – Making a decision on the appointment / election of a replacement of the resigned member, as an independent non-executive member:
They decided, with 324,398,602 votes, ie with a majority of 100% of the votes present and represented at the General Meeting, after, by law, the announcement at the Extraordinary General Meeting of the Company’s Shareholders of the decision of the Board of Directors submitted by law. Company at its meeting, on 12.07.2021, regarding the election of Mr. Georgios Lakkotrypis of Antonios, as a temporary independent non-executive member of the Board of Directors of the Company until the next general meeting of the Company’s Shareholders, to replace the resigned independent member of the Board of Directors of the Company, Mr. Nikolaos Galetta of Ioannis, the appointment of Mr. Georgios Lakkotrypis of Antonios as an independent non-executive member of the Board of Directors of the Company, ie definitively giving him the status of independent non-executive member of the Board Company, for the next (henceforth) year period until the end of the term of office of the resigned, Mr. Nikolaos Galetta of Ioannis, ie until 24.05.2022, extended (of the term), according to article 85, par. 1, par. c of Law 4548/2018, as in force, and article 11 par. 2 of the Company’s Articles of Association, until the expiration of the deadline, within which the next Ordinary General Meeting of the Company’s Shareholders must be convened in 2022 and until taking the relevant decision, not exceeding two years.
Against: zero (0) votes, ie zero (0)% of the votes present and represented.
Abstention: zero (0) votes, ie zero (0)% of the votes present and represented.
Topic 3 – Various announcements:
There was no announcement to the shareholders.
.
Source From: Capital
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