ANNOUNCEMENT
DECISIONS
ON THE ITEMS OF THE AGENDA OF THE EXTRAORDINARY GENERAL ASSEMBLY OF SHAREHOLDERS
OF 4TH MARCH 2024
4 March 2024. PPA S.A. announces the successful completion of today’s Extraordinary General Meeting of PPA shareholders, conducted through a teleconference, in accordance with the prescribed procedure and with a quorum of 78.52%. The Extraordinary General Meeting adopted the following resolution on the sole item of the agenda:
ITEM 1st: Amendment of the general framework for debts settlement, as approved by previous General Assembly decision (28-06-2017), of the business units of the Repair Areas of PPA SA (Perama Ship Repair Base, Hercules Pier, Drapetsona Pier) that have been included in the provisions of the aforementioned decision.
After voting, the Extraordinary General Assembly, taking into account the proposal of the Company’s Board of Directors (no 04/05-02-2024), approved by 19,630,716 votes, i.e. with a majority 100% of the votes represented in the Extraordinary General Assembly:
The amendment of the general framework for debt settlement, as approved by previous General Assembly decision (28-06-2017), of the business units of the Ship Repair Areas of PPA SA (Perama Ship Repair Base, Hercules Pier, Drapetsona Pier) that had been included in the in the provisions of the aforementioned decision, as follows:
The total refund by PPA SA of the remaining additional amounts (as they were formed on 1-1-2024) which had been paid by the ship repair business units towards PPA SA, in one installment, according to the table below:
In the case that there are outstanding debts of the ship repair business units towards PPA SA upon the return of the above remaining additional amounts, these, should either be paid before the return, or set off with it.
Shareholders representing 0 votes voted against
Shareholders representing 340 votes abstained from the vote.
Total valid votes: 19,631,056
