4-Traders
Vimetco N.V. releases AGM statement and result
Edited by : AL CIRCLE
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Vimetco N.V., the global producer of primary and processed aluminium products, held its Annual General Meeting at the World Trade Center, Strawinskylaan 1643, Tower C, Level 16, 1077 XX Amsterdam, The Netherlands, on 21 June 2013, where all proposed resolutions were duly passed. The Agenda of the AGM along with the Convening Notice was sent to the shareholders of the Company on 9 May 2013.
The AGM adopted the 2012 Annual Accounts of Vimetco NV. Although the general intention of the Group is to distribute approximately 20% of the consolidated income of the Group on average over the aluminium price cycle to shareholders, due to absence of profits in 2012 Vimetco N.V. the decision was made not to make any appropriation of profits to the shareholders and holders of depository receipts for shares of Vimetco N.V.
The AGM adopted the 2012 Annual Accounts of Vimetco NV. Although the general intention of the Group is to distribute approximately 20% of the consolidated income of the Group on average over the aluminium price cycle to shareholders, due to absence of profits in 2012 Vimetco N.V. the decision was made not to make any appropriation of profits to the shareholders and holders of depository receipts for shares of Vimetco N.V.
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