The Societe Anonyme with the name "THRACE PLASTICS HOLDING AND COMMERCIAL SOCIETE ANONYME" and with the distinctive title "THRACE PLASTICS CO. S.A." (hereinafter referred to as the "Company"), announces that on December 14, 2020, Monday at 16:00, the Extraordinary General Meeting was held remotely in real time via teleconference and without the physical presence of shareholders at the venue, in which thirty (31) in total shareholders, representing 31,680,404 common, registered shares and an equal number of voting rights, i.e 72.43% of the share capital and voting rights of the Company participated in person or through a representative.
It is noted that for 322,688 common registered shares, voting and attendance rights are suspended according to the provisions of article 50, paragraph 1, section a’ of Law 4548/2018, as such refer to the Company’s treasury shares. The treasury shares are not accounted for in terms of achieving quorum in the General Meeting.
The Extraordinary General Meeting of the Company’s shareholders took the following decisions on the items of the daily agenda, according to the presentation of these decisions based on the voting results for each item, in accordance with article 133 of Law 4548/2018, which have also been posted on the Company’s legally registered website (www.thracegroup.gr).
In particular, on the sole issue of the daily agenda the Meeting approved by majority the distribution of earnings from previous years’ earnings, in accordance with the provisions of article 162 par. 3 of Law 4548/2018, and in particular approved the distribution of earnings totaling 2,500,262.00 Euros (gross amount).
Beneficiaries of the collection of the above monetary distribution are the shareholders of the Company registered in the files of the Dematerialized Securities System (DSS) on Friday, December 18, 2020 (record date).
The cut-off (ex-dividend) date of the monetary distribution was set for Thursday, December 17, 2020, according to article 5.2 of the Athens Exchange Regulation.
The payment of the monetary distribution will start on Wednesday, December 23, 2020 and will be made through the Societe Anonyme Banking Company under the name "PIRAEUS BANK S.A.", according to the procedure provided by the current Regulations of the Athens Exchange.
Simultaneously with the same majority decision, the Extraordinary General Meeting of shareholders provided to the Board of Directors of the Company the necessary authorizations for the proper and timely implementation and processing of the current decision on the distribution.
Number of shares for which valid votes were given: 31,680,404
Percent of share capital: 72.43%
Total number of valid votes:31,680,404
Abstention (Present): 45,619