Press Room

Atlantic: AGM decisions – Dividend of €0.05 - EGM approved buyback
The Annual General Meeting of Atlantic Insurance Company Public Ltd held on June 12, 2013 at 17.00 at the Company’s Head Office:

1. Approved the Annual Report and the financial statements for the year ended December 31, 2012.

2. Approved the proposal of the Board of Directors for the payment of a dividend of €0.05 per share of nominal value €0.34. The record date will be June 20, 2013. The shareholders who will be registered in the Shareholders registry on the record date or who will hold securities based on an off-floor transfer that will be completed until the record date will be the beneficiaries of the dividend. As a result, the shares will trade ex-dividend on June 18, 2013. The dividend will be paid to the shareholders on July 8, 2013.

3. Pursuant to the regulations of the Articles of Association, Messrs. Andreas Frangoullis. Triantafyllos Lisimahou and Giorgos Pirishis withdrew pursuant to the rotation process but put themselves forward for re-election and were re-elected.

4. Approved the remuneration of the Board members, which remains at €500 per annum.

5. Approved the reappointment of Joannides & Co Ltd as auditors and authorized the Board of Directors to set their remuneration.

Also, the Extraordinary General Meeting held after the AGM approved the following resolution:

Special Resolution

“That the Board of Directors be authorized to adopt a buyback program, pursuant to the provisions of the Companies’ Law 2000 and the provisions of Regulation 2273/2003 of the European Commission. The shares will be acquired either by private agreement or from the market”.

The above resolution was approved for the renewal of the Buyback Program for the period from June 12, 2013 to June 11, 2014.
 
Not Regulated
Filing Date: 13/06/2013 15:46