We wish to inform you that the Annual General Meeting of A. Panayides Contracting Limited took place on Friday, June 11, 2004 at 1.00 pm at the Hilton Park Hotel in Nicosia. The AGM approved the following:
1. The Annual Report and the financial statements for the year ended December 31, 2003.
2. The reelection of Messrs. Stavros Theodosiou, Maria Panayidou, Charilaos Panayides, Nicolaos Mavrokordatos, Demetris Kouvaros and Euripides Polycarpou as Board members.
3. The setting of the remuneration of the non executive Board members for 2003 at £1,000 each.
4. The approval of the proposal of the Board of Directors for the non payment of dividend to the shareholders for the year 2003.
5. The reappointment of PricewaterhouseCoopers as auditors and the authorization of the Board of Directors to set their remuneration.
1. The Annual Report and the financial statements for the year ended December 31, 2003.
2. The reelection of Messrs. Stavros Theodosiou, Maria Panayidou, Charilaos Panayides, Nicolaos Mavrokordatos, Demetris Kouvaros and Euripides Polycarpou as Board members.
3. The setting of the remuneration of the non executive Board members for 2003 at £1,000 each.
4. The approval of the proposal of the Board of Directors for the non payment of dividend to the shareholders for the year 2003.
5. The reappointment of PricewaterhouseCoopers as auditors and the authorization of the Board of Directors to set their remuneration.
Monday, 14 June, 2004 - 10:23