The following is a Company Announcement by Simonds Farsons Cisk plc pursuant to MFSA Listing Rule 8.7.4.
Simonds Farsons Cisk plc wishes to announce that it has yesterday, 26th June 2008 held its 61st Annual General Meeting at the Intercontinental Hotel, St. George’s Bay, St. Julians.
The shareholders convened for this event, discussed and approved the following Ordinary Resolutions:
| 1. |
That the Annual Report and Financial Statements of the Company for the year ended 31st January 2008, comprising the Directors’ Report, Corporate Governance - Statement of Compliance and the Auditors Report thereon be received and approved. |
| 2. |
That the Meeting approves the payment of €1,600,000 - in total net dividends:- |
| |
€233,000 - (interim net dividend) paid out of tax exempt profits in October 2007
and |
| |
€1,367,000 - (final net dividend) paid out of tax exempt profits |
| |
equivalent to a total net dividend of € 0.06222 per share. |
| 3. |
That the reappointment of PricewaterhouseCoopers Certified Public Accountants and Auditors be approved. |
| 4. |
That the Directors be elected in accordance with Articles 20 to 22, both inclusive of the Articles of Association of the Company. |
That the reappointment of PricewaterhouseCoopers Certified Public Accountants and Auditors be approved.
That the Directors be elected in accordance with Articles 20 to 22, both inclusive of the Articles of Association of the Company.
Only two nominations were received within the stipulated time for election to the Board of Directors and consequently there was no need for an election to be held. Mr Bryan A. Gera and Dr Max Ganado LL.D., LL.M. were automatically elected as directors of the Company with effect from the conclusion of this 61st Annual General Meeting. The other directors were confirmed in their posts.
Arthur Muscat
Company Secretary
27th June 2008