COMPANY ANNOUNCEMENT FIM128
The following is a Company Announcement issued by FIMBank p.l.c. (or the “Company”) pursuant to Malta Financial Services Authority Listing Rule 8.7.
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The Annual General Meeting of the Company was held at Le Meridien, St Julian’s Malta on Thursday 6 May 2010. The Members considered and approved the following resolutions:
ORDINARY RESOLUTIONS
1. The Audited Financial Statements for the financial year ended 31 December 2009 together with the Report of the Directors and the Report of the Auditors thereon.
2. The payment of a net dividend of USD1,565,048 (representing US cents 1.155640 per ordinary share).
3. That the net dividend approved under Resolution 2 be paid either in cash or by the issue of new shares, at the Member’s option, at an attribution price of USD1.0000.
4. The appointment of KPMG Registered Auditors as auditors, and that the Board of Directors be authorised to fix their remuneration.
5. The maximum aggregate emoluments of the Directors for the financial year ending 31 December 2010 to be fixed at USD 350,000.
6. The re-election of the following persons as Directors:
Najeeb Hamad Musaad Al-Saleh; Mohammed Ibrahim Husain Marafie; Fouad M.T. Alghanim; Hamad Musaed Bader Mohammed Al-Sayer; Francis J. Vassallo, Tareq M. Al-Saleh; John C. Grech; Jacques Leblanc; Pierre-Olivier Fragnière; John D. Freeman and Gerard Lohier.
SPECIAL BUSINESS - ORDINARY RESOLUTIONS
7. The consent of Members for disclosure of unpublished price-sensitive information.
8. A new Executive Share Option Scheme & Rules for the years 2011-2015.
9. The authority to the Directors to issue and allot new Equity Securities.
SPECIAL BUSINESS - EXTRAORDINARY RESOLUTIONS
10. The authority to the Directors to restrict or withdraw the statutory pre-emption rights of the Company’s Equity Securities holders.
11. The authority to the Company to acquire its own shares within the terms and conditions of the resolution as presented.
The Audited Financial Statements of the Company are available to the public and may also be viewed at
www.fimbank.com.
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Marcel Cassar
Company Secretary
10 May 2010