CONSOLIDATED FINANCIAL STATEMENTS >
DIRECTORS’ REPORT
36
| 2013 ANNUAL REPORT | PRYSMIAN GROUP
On 16 April 2013, the Annual General Meeting of shareholders
of Prysmian S.p.A. was held in single call to vote on several
items on the agenda, including the approval of the 2012
financial statements, the appointment of the Board of
Statutory Auditors, the authorisation of a share buy-back
and disposal programme, the approval of a share ownership
plan for Group employees and the authorisation of the
convertibility of the equity-linked bond with a nominal
value of Euro 300 million. The meeting, which was attended
by more than one thousand two hundred shareholders, in
person or by proxy, representing approximately 56% of the
share capital, approved every item on the agenda with a
majority vote. In particular, the motions regarding the Group
employee share purchase plan and the convertible bond
were adopted with a more than 97% vote in favour, thus
confirming full support for these decisions taken by the
Board of Directors.
The Annual General Meeting also approved the distribution
of a dividend of Euro 0.42 per share, double the amount
distributed in 2012 of Euro 0.21. The dividend was paid on
25 April 2013, involving a total pay-out of Euro 89 million
(compared with Euro 44 million the previous year).
ANNUAL GENERAL MEETING
About 56% of share capital represented with participation by more than 1,200 shareholders.
