Result of Meeting

 

TIDMEFGD 
 
RNS Number : 2679Q 
EFG-Hermes Holdings SAE 
07 April 2009 
 

Summary of the Ordinary General Assembly Meeting 
 
 
The Ordinary General Assembly Meeting of EFG-Hermes Holding Company was held 
today 7th April 2009 and resolved the following: 
  1.  Ratified the Board of Directors' report for the fiscal year ending 31/12/2008; 
  2.  Ratified the Auditor's Report for the fiscal year ending 31/12/2008; 
  3.  Ratified the audited financial statement for the fiscal year ending 31/12/2008; 
  4.  Approved the appropriation account the fiscal year ending 31/12/2008; 
  distributing EGP0.5/share with the ex-dividend date set at Sunday 3rd May 2009 
  and payment date starting Thursday 7th May 2009. Further delegating the 
  Chairperson or either of the Chief Executive Officers to change either the 
  ex-dividend date or the cashing of dividends date as per regulatory or 
  procedural requirements as need be; 
  5.  Approved the release of the Board of Directors' from responsibility for the 
  fiscal year ending 31/12/2008; 
  6.  Approved the Board of Directors' allowances for attending the meetings in 2009 
  to be actual expenses; 
  7.  Approved the re-assignment of the auditors (KPMG- Hazem Hassan) for the fiscal 
  year 2008 with fees of EGP 80,000; 
  8.  Ratified the donations that took place during 2008 (mainly EGP 15 million to the 
  EFG-Hermes Foundation) and approving authorization to the Board of Directors to 
  donate during the fiscal year 2009 amounts greater than EGP 1,000 including EGP 
  12 million to the EFG-Hermes Foundation. 
 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
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