20. 8. 2015
21st Krka Annual General Meeting
3 min. read
Krka, d. d., Novo mesto on Thursday 20th August 2015 held its 21st Annual General Meeting in Hotel Šport in Otočec, Slovenia. The present shareholders represented 58.39% of share capital with voting rights. In addition to other business, the AGM deliberated on the appropriation of accumulated profit for 2014 and decided to pay shareholders a gross dividend of EUR 2.50 per share, representing a 19% increase over the last year dividend.
The AGM was acquainted with the Management Board’s annual report, including the remuneration of the Management and Supervisory Boards, the auditor’s report, and the report of the Supervisory Board on its verification and approval of the 2014 annual report. Shareholders deliberated on the appropriation of accumulated profit for 2014, and discharged the Management and Supervisory Boards from liability with respect to their work in 2014. In view of the terms-in-office of the current members of the Supervisory Board expiring in June, new members – shareholder representatives – were elected, and the AGM also appointed the auditor for the financial year 2015.
Resolutions passed by the Annual General Meeting
The shareholders passed the resolution at the AGM to appropriate EUR 181,488,404.86 of the 2014 accumulated profit as follows:
| For dividends | EUR 81,407,692.50 |
| For other revenue reserves | EUR 50,040,356.18 |
| For retained earnings | EUR 50,040,356.18 |
The pay-out of dividends in the amount of EUR 2.50 gross per share shall commence within 30 days after the AGM has been concluded. The shareholder records in the share register at KDD – Centralna klirinško depotna družba (Central Securities Clearing Corporation), d. d., Ljubljana, as at 25 August 2015 shall apply for the dividend pay-out.
The AGM approved and gave its consent to the work of the Management and Supervisory Boards in the financial year 2014, and discharged them from liability for performance of their duties.
The shareholders elected the following new members – shareholder representatives to the Krka Supervisory Board to start their terms-in-office as at the day of being elected by the AGM: Prof. Julijana Kristl PhD, Jože Mermal, Matej Pirc, Andrej Slapar, Simona Razvornik Škofič and Anja Strojin Štampar MSc & MBA. Shareholders elected the proposed candidates for five-year terms-in-office.
The shareholders appointed Ernst & Young Revizija, poslovno svetovanje, d. o. o., Ljubljana as the auditor for the financial year 2015.
The Krka Management Board will publish the adopted resolutions in the Saturday edition of the Delo newspaper, in the Ljubljana Stock Exchange electronic information dissemination system SEOnet, and in the Polish electronic information dissemination system (ESPI).