The reduction of the share capital of the company by the amount of € 2,970,620.10, with a reduction of the nominal value of each common registered voting right from its share from € 0.30 to € 0.15 for offsetting accounting losses of previous years, was decided by Ordinary General Meeting of shareholders of Kekrops, held today
In particular, the Ordinary General Meeting took the following decisions:
On the first item of the Agenda: Approved the Annual Financial Statements of the corporate year from 01.01.2021 to 31.12.2021, after the relevant Reports of the Board of Directors and the Chartered Accountant and decided not to distribute dividend, according to the current regulatory framework.
On the second item of the Agenda: Took note of the submitted Annual Report of the Audit Committee.
On the third item of the Agenda: Noted the submitted Report of the Independent Non-Executive Members of the Board of Directors.
On the fourth item of the Agenda: Approved the overall management of the Board of Directors, which took place during the corporate year from 01.01.2021 to 31.12.2021, in accordance with article 108 of Law 4548/2018 and the dismissal of the Certified Public Accountant according to article 117 §1 case c of Law 4548/2018.
On the fifth item of the Agenda: Selected as Certified Auditor (Regular and Alternate) for the audit of the year from 01.01.2022 to 31.12.2022 the auditing company “HLB Hellas SA” and determined its remuneration according to its submitted offer.
On the sixth item of the Agenda: Approved the Remuneration Report of the Members of the Board of Directors.
On the seventh item of the Agenda: Granted the permission according to article 98 par. 1 of Law 4548/2018 to the members of the Board of Directors of the Company and to its Directors to participate in the Boards of Directors or in the management of other affiliates, within the meaning of of article 32 of Law 4308/2014 companies and to act transactions that fall under one of the purposes of the Company.
On the eighth item of the Agenda: Decided on the nominal reduction of the Share Capital of the Company, in the amount of € 2,970,620.10, by reducing the nominal value of each common nominal voting right of the Company from € 0.30 to € 0.30 0.15 and decided the above amount of the reduction (€ 2,970,620.10) to be used in full to offset past accounting losses.
Following the above reduction, the share capital of the Company will amount to € 2,970,620.10 divided into 19,804,134 common registered voting shares, with a nominal value of € 0.15 each.
Decided to amend accordingly article 4 on Share Capital of the Company’s Articles of Association.
On the ninth item on the Agenda: No further announcement was made
Source: Capital
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