Izola Bank plc – Annual General Meeting Agenda

March 8, 2013
|In Company Announcements
|By Jesmond Mizzi Financial Advisors

Izola Bank p.l.c. announced that the Board of Directors will be presenting for consideration and approval by its Members, at the Annual General Meeting, which is scheduled to be held at Izola Bank’s offices at 53/58 East Street Valletta on Thursday 21st March 2013, the following resolutions:

Ordinary resolutions:

1. To receive and approve the Audited Accounts for the Financial Year ended 31

st December 2012, together with the Report of the Directors and the Auditors’ Report thereon.

2. To approve the payment of a Net Dividend of €1,500,000 (representing a dividend per share of €3.75).

3. To approve the appointment of KPMG as auditors, and to authorise the Board of Directors to fix their remuneration.

4. To determine, that since there are as many nominations as there are vacancies for Directors, no election will take place and the nominees are automatically appointed Directors.

5. To establish the maximum annual aggregate emoluments of the Directors for the Financial Year ending 31 December 2013.

To view the official company announcement, click here.