COMPANY ANNOUNCEMENT MSI187
The following is a Company Announcement issued by Middlesea Insurance p.l.c., pursuant to
the Listing Rules of the Malta Financial Services Authority.
Ouote
The Annual General Meeting of Middlesea Insurance p.1.c. was held on the 9 June 2010. The
Shareholders considered and approved the following ordinary resolutions:
1. that the Accounts for the financial year ended 31 December 2009 and the reports of the Directors and Auditors be considered and approved;
2. that the appointment of PricewaterhouseCoopers as Auditors of the Company be approved and that the Board of Directors be authorised to fix their remuneration;
3. that Mr. Roderick E.D. Chalmers, Mr. Gaston Debono Grech, Mr. Tonio Depasquale, Mr. Javier Fernhdes-Cid, Mr Andres Jimenez Herradon, Dr Michael Sparberg, Mr. Lino Spiteri, Mr Paul Testafenata Moroni Viani and Mr. Joseph F.X. Zahra be
appointed as directors on the Board of Directors;
4. that the additional Directors' emoluments of €56,538 for the financial year 2009 be ratified in addition to the maximum emoluments approved a the 2009 AGM;
5. that the maximum annual aggregate emoluments of Directors be fixed at €250,000.
Mr Joseph F.X. Zahra was appointed as Chairman of the Board of Directors of Middlesea Insurance p.1.c. at the Board Meeting convened immediately after the Annual General Meeting.
The Board of Directors, during the said Board meeting, co-opted Mr Pedro Lhpez Solanes as Director and appointed him as Executive Director in accordance with the Articles of Association of the Company.
UNQUOTE
Carlo Farrugia
Company Secretary
9th June 2010