HSBC Bank Malta plc – Annual General Meeting Agenda

HSBC Bank Malta p.l.c. issued the following Company Announcement pursuant to Malta Financial Services Authority Listing Rules:

The following resolutions are being presented for consideration at the Annual General Meeting of HSBC Bank Malta p.l.c. to be held on 15 April 2016.

Ordinary Resolutions 

1. To receive and approve the audited accounts for the year ended 31 December 2015 and to consider the Directors’ and Auditors’ report thereon. 

2. To declare a final gross dividend of 2.6 cent per share representing a final gross payment of €9,367,959 as recommended by the Board of Directors. 

3. To re-appoint PricewaterhouseCoopers as Auditors and to authorise the Board of Directors to fix their remuneration. 

4. To establish the maximum annual aggregate emoluments of the Directors at €360,000.

Appointment of Directors The Board of Directors shall consist of not more than nine (9) directors. In terms of clause 7 of the Memorandum of Association and Article 77(4) of the Articles of Associations: (a) six (6) directors may be appointed, and (b) three (3) directors are elected during the meeting. Since only three persons have been nominated for election, no voting will take place this year. The nominees Bonello John, Camilleri Juanito and Vella Mary Anne sive Sue will be automatically elected.

To view the official Company Announcement, click here.