Resolutions adopted by the Annual General Meeting of Shareholders of AS Tallinna Vesi 30.05.2024
30 May 2024 - 6:33PM
UK Regulatory
Resolutions adopted by the Annual General Meeting of Shareholders
of AS Tallinna Vesi 30.05.2024
The Management Board of AS Tallinna Vesi (hereinafter the
Company) convened the Annual General Meeting of Shareholders with
the proposal for the resolutions set out below to be adopted by
shareholders. The notice about convening the Annual General Meeting
was published in the stock exchange information system and on the
Company´s website on 08 May 2024 and in the daily newspaper
Postimees.
Votes were submitted by a total of 22
shareholders of the Company, whose votes represented 15 108
916 of the 20 million votes represented by shares of the Company,
i.e. 75.54% of all votes represented by shares.
On 30 May 20234, the shareholders of the
Company adopted the following resolutions:
1. Approval of 2023 Annual
Report
RESOLUTION: To approve the
consolidated 2023 Annual Report of the Company as submitted to the
General Meeting.
The resolution was approved with 15 107 381
votes in favour (i.e. 99.99% of all votes represented at the
meeting).
2. Distribution of profit
RESOLUTION: The net profit of
the Company in 2023 is €12 844 thousand. To distribute €10 200
thousand of the Company’s retained earnings of €79 059 thousand as
of 31/12/2023 (incl. from the net profit of 12 844 thousand for the
year 2023). €0.51 per share will be paid to the shareholders as
dividends.
The rest of retained earnings shall remain
undistributed. No allocations shall be made from the net profit to
the reserve capital.
Based on the dividend proposal made by the
Management Board, the Supervisory Council proposes to decide to pay
the dividends out to the shareholders on 27 June 2024. The list of
shareholders entitled to receive dividends will be established as
of 19 June 2024 at the closure of business day of the settlement
system. Consequently, the day of change of the rights related to
the shares (ex-dividend date) is set to 18 June 2023. A person
acquiring the shares from 18 June 2024 onwards shall not be
entitled to receive the dividends determined by this decision.
The resolution was approved with
15 107 879 votes in favour (i.e. 99.99% of all votes
represented at the meeting).
3. Extension of the authorities of
Supervisory Council member
RESOLUTION: To extend Mr Priit
Rohumaa’s term as a Supervisory Council member of AS Tallinna Vesi
as of 04 June 2024 for the next statutory term of office.
The resolution was approved with 15 107 014
votes in favour (i.e. 99.99% of all votes represented at the
meeting).
4. Changes to the
remuneration of the Supervisory Council members
RESOLUTION: According to the
proposal of the Management Board to confirm as of 01/06/2024
remuneration for the performance of their services for the Chairman
of the Supervisory Council in the amount of €2,000 and for the
member of the Supervisory Council in the amount of €1,000 per
month.
The resolution was approved with
15 107 039 votes in favour (i.e. 99.99% of all votes
represented at the meeting).
The Minutes of the Annual General Meeting of
shareholders will be made available on the Company’s website.
Kristiina Tamberg
Head of Communication and Marketing
(+372) 52 85 521
kristiina.tamber@tvesi.ee
Tallinna Vesi As (LSE:0JPY)
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