|
|
|
|
DIONIC S.A.
|
Resolutions of the Shareholders' Extraordinary General Meeting
|
|
February 6, 2006 The company DIONIC S.A. informs the investing public that the Shareholders' Extraordinary General Meeting, which convened on February 3, 2006 at the registered offices of the company (95, Aristotelous Str., Athens, Greece) decided on items 4,5,6 and 7 of the Daily Agenda, while due to the lack of the quorum required by law, postponed the discussion of items: (1)(re: issue of a bond loan through the cancellation of the old shareholders' preemption right), (2) re: expansion of the company purpose in new sectors and activities and (3) re: update of the company Charter regarding the share capital increase that had been decided by the Board of Directors of the company on 15.12.2004 in implementation of a stock option program. For the discussion of the aforesaid items, a Recurring Shareholders' General Meeting will be convocated, according to law. As to the other items of the Daily Agenda, the Shareholders' Extraordinary General Meeting took the following resolutions: 1. On the 4th item of the Daily Agenda the Shareholders' Extraordinary General Meeting approved unanimously the election, by the BoD , of new members, i.e. Messrs. Alexandros Lavranos (during its session on 1.11.2005) and Vassilios Pappas (during its session on 12.12.2005). 2. On the 5th item of the Daily Agenda regarding the the appointment of a new Board of Directors of the company, the Shareholders' Extraordinary General Meeting decided that, at the present, there is no need to elect a new Board of Directors of the company. 3. On the 6th item of the Daily Agenda, the Shareholders' Extraordinary General Meeting approved unanimously the founding from DIONIC S.A. of two new subsidiary companies, based in Cyprus, i.e. the companies DIONIC PARTICIPATIONS LIMITED, in which DIONIC participates with 100% of its share capital and DIONIC TRADING LIMITED, in which DIONIC PARTICIPATIONS LIMITED participates with 100% of its share capital and authorized the Board of Directors of the company to proceed with all the necessary actions for the operation of the above-mentioned subsidiaries. 4. On the 7th item of the Daily Agenda, the Chairman of the General Meeting, announced to the Shareholders' Extraordinary General Meeting the signing of a final contrct, according to which the company acquired-via a purchase-a plot encompassing a total area of 18,576m2 in the region of Avlona, Attica on the Athens-Lamia National Road and includes a building complex of a total area of 3,373 m2. The price of the aforementioned purchase amounted to EUR 2.5 million approximately (taxes, notarial costs and miscellaneous expenses included) and derived from the working capital of the company. Furthermore, the Shareholders' Extraordinary General Meeting authorized Mr.Ioannis-Nikolaos Messimeris, Chairman of the Board and Attorney-at-Law (Member of the Athens Lawyers' Association) to act on its behalf, i.e. to attend and carry out hearings in front of the Greek courts.
|
|
|
|
|
|
|
