The decision not to distribute a dividend for the year 2021 due to accumulated losses of previous years was taken by the General Meeting of Revoil shareholders, which met on Friday.
In more detail, based on the corporate announcement:
“The Company with the name” REVOIL HELLENIC PETROLEUM SOCIETY ANONYMOUS ANONYME “announces that on Friday, June 24, 2022, it took place at the Company’s headquarters at Kapodistriou Street, number 5 in the General (in person or by proxy) 8 shareholders, representing 16,230,374 common registered shares with voting rights, ie 74.07% of a total of 21,912,599 common registered shares.
1. Took note of the Management Report of the Board of Directors of the Company to the Ordinary General Meeting of the shareholders on the Annual Financial Statements of the Company and the Group for the year 1/1/2021 to 31/12/2021.
2. Took note of the Annual Financial Statements of the Company and the Group for the year 1/1/2021 to 31/12/2021.
3. Approved the Management Report and the activities of the Board of Directors for the year 1/1/2021 to 31/12/2021.
Required quorum 1/5 (20%) of the share capital
Valid votes 16,230,374 (74.07% of the share capital) in favor of 16,230,374 (100%), by 0, abstention 0.
4. Approved the Annual Financial Statements of the Company and the Group for the year 1/1/2021 to 31/12/2021 and decided not to distribute a dividend due to accumulated losses of previous years.
Required quorum 1/5 (20%) of the share capital
Valid votes 16,230,374 (74.07% of the share capital) in favor of 16,230,374 (100%), by 0, abstention 0.
5. With a quorum of 74.07% and a majority of 100% of the shareholders present and after an open vote approved the overall management of the Board of Directors for the year 1/1/2021 to 31/12/2021 and unanimously relieved the Auditors of all responsibility for the use 1/1/2021 to 31/12/2021.
Required quorum 1/5 (20%) of the share capital
Valid votes 16,230,374 (74.07% of the share capital) in favor of 16,230,374 (100%), by 0, abstention 0.
6. He was informed about the activities of the Audit Committee for the fiscal year 2021 through the Activity Report submitted by the Chairman of the Committee.
7. Approved the remuneration paid to members of the Board of Directors for the year 1/1/2021 to 31/12/2021.
Required quorum 1/5 (20%) of the share capital
Valid votes 16,230,374 (74.07% of the share capital) in favor of 16,230,374 (100%), by 0, abstention 0.
8. Pre-approved the payment of remuneration to members of the Board of Directors for the year 1/1/2022 to 31/12/2022.
Required quorum 1/5 (20%) of the share capital
Valid votes 16,230,374 (74.07% of the share capital) in favor of 16,230,374 (100%), by 0, abstention 0.
9. Elected for the Regular and Tax audit of the financial statements of the Company and the Group of the year from 1 January 2022 to 31 January 2022 the auditing company Grant Thornton with Reg. SOEL: 127.
Required quorum 1/5 (20%) of the share capital
Valid votes 16,230,374 (74.07% of the share capital) in favor of 16,230,374 (100%), by 0, abstention 0.
10. Approved the Remuneration Report of the members of the Board of Directors for the year 2021 in accordance with article 112 of law 4548/2018. The Report is posted on the Company’s website at www.revoil.gr in the Investor Relations section.
Required quorum 1/5 (20%) of the share capital
Valid votes 16,230,374 (74.07% of the share capital) in favor of 16,230,374 (100%), by 0, abstention 0.
11. He took note of the report-report submitted jointly by the independent non-executive members of the Board of Directors in accordance with article 9 par. 5 of Law 4706/2020.
12. Approved the revision – amendment of the Remuneration Policy of the members of the Board of Directors which is available on the Company’s website at www.revoil.gr in the Investor Relations section.
Required quorum 1/5 (20%) of the share capital
Valid votes 16,230,374 (74.07% of the share capital) in favor of 16,230,374 (100%), by 0, abstention 0.
13. Approved the revision – amendment of the Policy Appropriateness of the members of the Board of Directors and its committees, according to article 3 of law 4706/2020, which is available on the Company’s website at www.revoil.gr in the section Investment Relations.
Required quorum 1/5 (20%) of the share capital
Valid votes 16,230,374 (74.07% of the share capital) in favor of 16,230,374 (100%), by 0, abstention 0.
14. Granted the license according to article 98 par. 1 of Law 4548/2018 and approved to members of the Board of Directors and Executives their participation in Boards of Directors or in the Management of subsidiaries or affiliated companies of the Group as well as legal entities in which it participates. , directly or indirectly, the Company or companies of the Group, which pursue purposes similar or related to the Company.
Required quorum 1/5 (20%) of the share capital
Valid votes 16,230,374 (74.07% of the share capital) in favor of 16,230,374 (100%), by 0, abstention 0.
“No other issues were raised for discussion on the various issues.”
Source: Capital
Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.
