Decisions of Annual General Meeting of Shareholders of Arco Vara AS
The annual general meeting of shareholders of Arco Vara AS held on 23 April 2015 adopted the following decisions:
1. to approve the annual report of Arco Vara AS for 2014
2. to distribute the net profit for the year ended on 31 December 2014 in the amount of 803 thousand euros as follows:
· to pay dividend to the shareholders 0.01 euros per share, in the total amount of 61 170.12 euros. The list of shareholders entitled to dividends shall be fixed as at 15 May 2015, 23:59 PM. Dividends shall be paid to the shareholders by transfer to the bank account of the shareholders on 29 May 2015;
· to allocate 742 thousand euros to retained earnings.
3. to appoint an auditor for one year (until the next annual general meeting of shareholders) and appoint PricewaterhouseCoopers AS as the auditor. To pay the auditor for auditing the 2015 annual report according to an agreement to be signed between Arco Vara AS and PricewaterhouseCoopers AS.
Head of Legal Department
Arco Vara AS
Tel: +372 614 4594