PUBLIC POWER CORPORATION S.A. announces that the Extraordinary General Meeting of the Shareholders of the Company was held on January 31st , 2014, in accordance with the Invitation that has been posted on January 7th, 2014, on the Company’s website (http://www.dei.gr).
The Shareholders lawfully attending (in person or by proxy) the Extraordinary General Meeting were 280 representing 176,556,558 ordinary registered voting shares out of a total of 232,000,000 ordinary registered voting shares, that is a quorum of 76.10%.
Items 2 and 3 on the Agenda were discussed and approved by the Extraordinary General Meeting of Shareholders as follows:
SECOND ITEM: “Approval of the capacity of a Member of the Board of Directors”.
Specifically, out of 176,556,558 votes in total, 176,503,799 (99.9701 %) voted in favour, 259 (0.0001 %) voted against and 52,500 (0.0298%) voted abstention.
THIRD ITEM: “Approval of the appointment, pursuant to article 37 of L. 3693/2008, of a Member of the Audit Committee”.
Specifically, out of 176,556,558 votes in total, 176,556,299 (99.999%) voted in favour, and 259 (0.0001 %) voted against.
With regard to the FIRST ITEM on the agenda “Pricing of “ALUMINIUM S.A.” as of 1.1.2014 – Submission for approval of actions taken by the Board of Directors", the Hellenic State submitted, by virtue of article 39, par. 3 of Codified Law 2190/1920, the following request for postponement of the relative discussion : “Given that the Hellenic State has to ensure
a) as PPC shareholder, the long-term interests of the company, b) as responsible for shaping the energy and industrial policy, the sustainability and the competitiveness of the market, and therefore, based on these priorities and roles, I request the postponement of decision taking on the 1st item on the Agenda of the Extraordinary General Meeting of the Shareholders, so as to allow sufficient time for consultation with all interested parties for the settlement of technical issues with regard to electricity pricing”.
Therefore the discussion on the 1st item was postponed for Friday, February 28th, 2014 at 11:.00 am,
at the company’s headquarters, at 30, Chalkokondili str., in Athens, on the 6th floor.
Athens, February 3, 2014