Resolutions of the Extraordinary Shareholders General Meeting of HERACLES GENERAL CEMENT COMPANY held on 27th August 2012 at 16.00
Resolutions of the Extraordinary Shareholders General Meeting of
HERACLES GENERAL CEMENT COMPANY
held on 27th August 2012 at 16.00
During the 105th Extraordinary General Meeting of the Company's Shareholders, in which 20 shareholders were present or represented by proxy, representing 64,071,668 shares, i.e. 90.14% of the paid up share capital the Extraordinary General Meeting took the following unanimous decisions:
1. Decided the reduction of the share capital, by the amount of EUR 69,661,052.86, to be realised by way of reduction of the nominal value of each share from 2.68 to 1.70 EUR per share and cash return to the shareholders that will amount to EUR 0.98 per share.
Following this reduction, the Share Capital of the Company amounts to 120,840,601.90 euros, divided into 71,082,707 registered shares with a nominal value of 1.70 euros per share.
Approved the respective amendment of article 4 of the Company's Articles of Association regarding the share capital.
2. Announcements.
There were no announcements.