The General Meeting of Interwood unanimously approved the payment of a first dividend of 16% on the nominal value to the holders of 2,566,836 preferred shares of the Company.
The total amount to be paid amounts to € 41,069,376, which corresponds to € 0.016 per preferred share. This amount is subject to a 5% withholding tax, which is equal to € 0.0008 per preferred share and, therefore, holders of preferred shares will receive a net amount after the above withholding of € 0.0152 per preferred share.
Beneficiaries of the dividend will be the holders of preferred shares of the Company that are registered in the DSS. on 18.07.2022 (Record Date of Beneficiaries – Record Date).
From 15.07.2022 (Cut-off Date), the preferred shares of the Company will be traded on the Athens Stock Exchange without the right to receive the dividend.
The payment of the dividend will start on 22.07.2022
The decisions of the General Assembly in detail:
SUBJECT1: Submission and approval of the annual financial statements of the Company for the year 2021 (01.01.2021-31.12.2021) after the reports of the Board of Directors and the Certified Public Accountant.
The General Meeting unanimously approved the annual Financial Statements of the Company, for the year 2021 (01.01.2021-31.12.2021), after the Management Report of the Board of Directors and the Audit Report of the Certified Public Accountant.
Votes in favor: 26,807,064
Votes Against: 0
Abstention: 0
Item 2: Approval of distribution of results for the year 2021 and decision on (a) the preferential payment of a dividend of 16% on the nominal value to the holders of preferred shares of the Company for the corporate year 2021, in accordance with the Company’s Articles of Association, and (b) the non-distribution of dividends to the holders of common shares of the Company for the corporate year 2021.
The General Assembly:
(a) Unanimously approved the payment of a first dividend of 16% on the nominal value to the holders of 2,566,836 preferred shares of the Company, in accordance with article 5 of the Company’s Articles of Association, ie the payment of a total amount of € 41,069,376, corresponding to at € 0.016 per preferred share. This amount is subject to withholding tax of 5% (according to the provisions of article 40 par. 1 of law 4172/2013, as in force), if required, which is equal to € 0.0008 per preferred share and, therefore, Holders of preferred shares will receive a net amount after the above withholding, if required, amounting to € 0.0152 per preferred share.
Beneficiaries of the dividend will be the holders of preferred shares of the Company that are registered in the DSS. on 18.07.2022 (Record Date of Beneficiaries – Record Date).
From 15.07.2022 (Cut-off Date), the preferred shares of the Company will be traded on the Athens Stock Exchange without the right to receive the dividend.
The payment of the dividend will start on 22.07.2022
Votes in favor: 26,807,064
Votes Against: 0
Abstention: 0
(b) Unanimously approved the non-distribution of dividends to the holders of common shares of the Company for the year 2021, in order to strengthen the financial position of the Company.
Votes in favor: 26,807,064
Votes Against: 0
Abstention: 0
Item 3: Submission of the Annual Report of the Audit Committee for the corporate year 2021.
The Annual Report of the Audit Committee for the year 2021, which is posted on the Company’s website, was submitted to the General Meeting, in accordance with the provisions of article 44 par. 1 (i) of law 4449/2017, as in force.
Item 4: Approval of total management for the year 2021 according to article 108 of law 4548/2018
The General Assembly unanimously approved the overall management that took place during the corporate year 2021, in accordance with article 108 of law 4548/2018.
Votes in favor: 26,807,064
Votes Against: 0
Abstention: 0
Item 5: Exemption of the certified auditor-accountant from any liability for compensation for the activities of the year 2021.
The General Meeting unanimously relieved the chartered accountant from any liability for compensation for the activities of the year 2021.
Votes in favor: 26,807,064
Votes Against: 0
Abstention: 0
Item 6: Election of a regular and an alternate Certified Public Accountant for the audit of the financial statements of the year 2022 and determination of their remuneration.
Following a relevant proposal of the Audit Committee, the General Assembly decided unanimously: a) the election of the Audit Company “LIMITS Certified Public Accountants SA” WITH SOEL 146 and Α.Μ. ELTE 2 which will appoint the Regular and the Deputy Auditor for the audit of the financial statements of the Company for the year 2022 (01.01.2022-31.12.2022) as well as b) The General Meeting unanimously authorizes the Board of Directors to negotiate and agree on the remuneration their
Votes in favor: 26,807,064
Votes Against: 0
Abstention: 0
Item 7: Submission for discussion and voting of the Remuneration Report for the year 2021.
The Remuneration Report of the members of the Board of Directors for the year 2021, which was approved by the decision of the Board of Directors of 28.4.2022 and includes a complete overview of the total remuneration received by the members of the Board of Directors during the year 2021, according to the specifics defined in article 112 of law 4548/2018 and the Remuneration Policy of the Company approved by the General Meeting of June 24, 2019 and amended by the decision of the Ordinary General Meeting of 16.07.2021 was put for discussion and voting at the General Meeting, which he unanimously accepted it. It is noted that the Remuneration Report is posted on the Company’s website www.interwood.gr.
Votes in favor: 26,807,064
Votes Against: 0
Abstention: 0
Item 8: Submission of report-report of the independent non-executive members of the Board of Directors according to article 9 par. 5 of Law 4706/2020.
The independent non-executive members of the Board of Directors submitted jointly to the General Meeting and for the knowledge of the Company’s shareholders their report prepared in accordance with article 9 par. 5 of Law 4706/2020.
Topic 9: Various topics and announcements.
The General Meeting discussed various issues related to the progress of the Company.
Source: Capital
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