Simonds Farsons Cisk plc – 69th Annual General Meeting – Notice to Shareholders

Simonds Farsons Cisk plc announced that its Annual General Meeting will be held on June 28, 2016 to:

1. Read and approve the minutes of the Annual General Meeting on June 25, 2015.

2. Approve the Income Statement and Statement of Financial Position for the year ended January 31, 2016 and the reports of the Directors and the Auditors thereon.

3. Approve the dividends as recommended by the Directors.

4. Re-appoint the auditors PricewaterhouseCoopers and to authorise the Board of Directors to establish their remuneration.

5. Approve that the aggregate amount of emoluments payable annually to all Directors, executive and non-executive, be increased and fixed at a maximum of €750,000 and that the said increase shall be with effect and be applicable from the financial year ended 31 January, 2017.

The election of Directors shall not be held in view that only two nominations were received in respect of the two posts which shall be vacated at the end of the Annual General Meeting.

The Chairman shall update the Meeting with the details of the restructuring process in order to spin-off part of the property interests from the core business activities of the Farsons Group into a separate and distinct property-focused public limited liability company and of the progress on the Farsons Business Park development.

To view the official Company AnnounCement, click here.