Tigne Mall plc – Annual General Meeting Held

Tigne Mall plc issued the following Company Announcement, pursuant to the Malta Financial Services Authority Listing Rules.

During the Annual General Meeting of the Company held today, the shareholders considered and approved the following resolutions:

1. to receive and approve the audited financial statements for the year ended December 31, 2015 and the Report of the Directors and the Auditors thereon.

2. to declare a final ordinary net dividend of €0.0125 per €0.50 share. representing a final net dividend payment of €705,000 as recommended by the Directors.

3. to re-appoint as auditors PricewaterhouseCoopers, of 78, Mill Street, Qormi and to authorise the Board of Directors to fix their remuneration.

4. to appoint the Directors in accordance with the Articles of Association of the Company. 

5. to approve the maximum and annual aggregate emoluments of Directors at €90,000 in line with the previous year.

Extraordinary Resolutions

1. to substitute and replace in its entirely Article 127 of the Articles of Association of the Company.

To view the official company announcement, click here.