The distribution of profits and reserves of the company for the years up to 31.12.2020, of a total amount of 19,695,365.30 euros, ie 0.17 euros per share, was approved by today’s Extraordinary General Meeting of TERNA Energy shareholders, which was attended by 236 shareholders 89,826,217 shares and voting rights, ie a percentage of 77.53% of the share capital.
The General Assembly also authorized the Board of Directors to decide on the specific conditions of implementation of the above decision and within the limits of this decision and in particular on the beneficiaries of the above money distribution, the date of termination of the right, the date of commencement of payment of the amount and on any other subject.
Finally, it approved unanimously, with 89,826,217 votes in favor (100% of those present), the amendment of article 9 par. 3 of the Company’s Articles of Association due to the reduction of the term of the Board. from five (5) to four (4) years.
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Source From: Capital
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