SPRIDER STORES S.A
Decisions of the Annual Ordinary Shareholders Meeting
The Annual Ordinary General Shareholders Meeting of SPRIDER STORES SA was held on Tuesday, June 17, 2008, at the company's business headquarters in Anthoussa. A total of 21 shareholders were present, owning 59.139.360 shares out of 78,787,980 shares outstanding, representing 75.06% of the paid share capital; therefore the General meeting was validly held in quorum regarding all agenda items. The General Meeting:
1.Approved of, with a majority of 99.96% of the present voting rights, the company and the consolidated Annual Financial Statements of the fiscal year from 01/01/2007 to 31/12/2007, the Income Statement, the Cash Flow Statement, the Notes on the Financial Statements under the International Financial Reporting Standards (I.F.R.S.) upon the announcement of the Board of Directors Management Report and the Audit Report of the Chartered Accountants - Auditors.
2.Unanimously approved of profit distribution of the fiscal year's 2007 results and the dividend payment to shareholders amounting to euro 0.089 per share for the financial year 2007. Ex dividend date is set to be Tuesday July 1st, 2008 (all shareholders at the end of the Athens Exchange trading session on June 30, 2008 will be eligible for the 2007 dividend) while the payment of the dividend will commence on Wednesday, July 9, 2008. At the same time the company's Board of Directors was authorized to take all relevant actions.
3.Approved, with a majority of 99.85% of the present voting rights, to discharge the Board of Directors members and the Chartered Accountant - Auditor from any liabilities arising from the fiscal year 01/01/2007-31/12/2007.
4.Approved of, with a majority of 99.87% of the present voting rights, the remunerations and other expenses paid to Board of Directors members during fiscal year 2007 which amounted to euro 168,690.99 and pre-approved of the remunerations for fiscal year 2008 (January 1, 2008 to December 31, 2008) to not exceed euro 10.000 per month for every Board member.
5.Approved, with a majority of 85.53% of the present voting rights, the election of GRANT THORNTON S.A. for the audit of FY 2008 and specifically Mr. Vasileios Kazas (SOEL Reg. No 13281) and Mr. Pavlos Stellakis (SOEL Reg. No 24941) as regular and deputy chartered accountant - auditor respectively for the financial year from 1st January 2008 to 31st December 2008.
6.As per the miscellaneous issues on the daily agenda, the group's President and the group's CEO referred briefly to the group's history, its main business activity as well as the prospects for the current fiscal year.
1.Approved of, with a majority of 99.96% of the present voting rights, the company and the consolidated Annual Financial Statements of the fiscal year from 01/01/2007 to 31/12/2007, the Income Statement, the Cash Flow Statement, the Notes on the Financial Statements under the International Financial Reporting Standards (I.F.R.S.) upon the announcement of the Board of Directors Management Report and the Audit Report of the Chartered Accountants - Auditors.
2.Unanimously approved of profit distribution of the fiscal year's 2007 results and the dividend payment to shareholders amounting to euro 0.089 per share for the financial year 2007. Ex dividend date is set to be Tuesday July 1st, 2008 (all shareholders at the end of the Athens Exchange trading session on June 30, 2008 will be eligible for the 2007 dividend) while the payment of the dividend will commence on Wednesday, July 9, 2008. At the same time the company's Board of Directors was authorized to take all relevant actions.
3.Approved, with a majority of 99.85% of the present voting rights, to discharge the Board of Directors members and the Chartered Accountant - Auditor from any liabilities arising from the fiscal year 01/01/2007-31/12/2007.
4.Approved of, with a majority of 99.87% of the present voting rights, the remunerations and other expenses paid to Board of Directors members during fiscal year 2007 which amounted to euro 168,690.99 and pre-approved of the remunerations for fiscal year 2008 (January 1, 2008 to December 31, 2008) to not exceed euro 10.000 per month for every Board member.
5.Approved, with a majority of 85.53% of the present voting rights, the election of GRANT THORNTON S.A. for the audit of FY 2008 and specifically Mr. Vasileios Kazas (SOEL Reg. No 13281) and Mr. Pavlos Stellakis (SOEL Reg. No 24941) as regular and deputy chartered accountant - auditor respectively for the financial year from 1st January 2008 to 31st December 2008.
6.As per the miscellaneous issues on the daily agenda, the group's President and the group's CEO referred briefly to the group's history, its main business activity as well as the prospects for the current fiscal year.