Malta International Airport plc – Annual General Meeting Held & Confirmation of CEO

May 10, 2017
|In Company Announcements
|By Jesmond Mizzi Financial Advisors

 Annual General Meeting

At the 25th Annual General Meeting of the Company held today the 10th May 2017; the shareholders considered and approved the following resolutions:

Ordinary Business

1. That the Financial Statements of the Company for the financial year ended 31st December 2016 and the Directors’ and Auditors’ Report thereon as set out in the Annual Report to be and hereby approved;

2. That a final gross dividend of €0.1538463 per share (net €0.10) which represents a gross payment of €20,815,385 be and is hereby approved;

3. That the reappointment of Deloitte Audit Limited as auditors of the Company be hereby approved and that the directors be and are hereby authorised to determine their remuneration.

Appointment of Directors

The new Board of Directors were appointed in accordance with the Articles of Association of the Company. The following directors will hold office up to the next Annual General Meeting: Mr Nikolaus Gretzmacher, Dr Cory Greenland, Ms Rita Heiss, Dr Wolfgang Koberl, and Mr Florian Nowotny as Non-Executive Directors, and CEO Mr Alan Borg and CFO Mr Karl Dandler as Executive Directors.

Confirmation of CEO

MIA also announces the reconfirmation of Alan Borg as Chief Executive Officer for another three-year term. The contract was duly signed on Tuesday 9th May 2017.