Grigeo Group Announces Plans for Annual Shareholder Meeting
Grigeo Group's Upcoming Annual General Meeting
On April 4, the Board of Grigeo Group AB announced important details regarding its Annual General Meeting of Shareholders set for April 28, 2025. This gathering is critical as it immerses shareholders in essential company updates and future financial obligations, including proposed dividends for the 2024 fiscal year.
Key Documents and Reports Available for Review
The Board has prepared several documents to be presented at the meeting. Firstly, a consolidated management report detailing the Company’s performance for 2024 will be discussed. This report includes the remuneration details of key executives and outlines the company's strategic direction based on the audited financial statements for the year ending December 31, 2024, which will be compliant with International Financial Reporting Standards.
Consolidated Financial Overview
The financial statements are available in the European Single Electronic Format (ESEF). A zip file, containing essential documents, has been attached for further insight into our financial health. Additionally, we offer the management and sustainability reports in PDF format, ensuring stakeholders have comprehensive access.
Profit Distribution Proposal
During this meeting, the Board also proposes a draft appropriation for the Company's profit from 2024. This proposal suggests a significant allocation of EUR 7,884 thousand towards dividends, translating to EUR 0.06 per share. Approving this is crucial for the return of capital to our valued shareholders.
Important Draft Decisions for Approval
Several significant draft decisions will be reviewed during the meeting:
- Draft Articles of Association
- Proposed remuneration policy
- Decisions regarding the allocation of profits
- General ballot paper for voting activities
Management's Approval of Financial Statements
The Supervisory Board's meeting on April 4 concluded with a recommendation to approve the audited annual financial statements for the fiscal year 2024. This approval is vital as it reflects the organization's commitment to transparency and fiscal responsibility, thereby enhancing shareholder trust.
Contact Information
Tomas Jozonis, the Chief Executive Officer, remains available for inquiries related to this meeting and the documentation provided. He can be reached at +370 5 243 58 01.
Frequently Asked Questions
1. What is the date of the Annual General Meeting?
The Annual General Meeting is scheduled for April 28, 2025.
2. What dividends are being proposed?
The Board proposes a dividend of EUR 0.06 per share for the year 2024.
3. Where can I find the financial reports?
The reports will be available in both ESEF format and PDF for shareholder review.
4. How can shareholders participate in the meeting?
Shareholders can participate by reviewing the materials provided and submitting their votes on the draft decisions via the general ballot paper.
5. Who can I contact for more information?
Tomas Jozonis, Chief Executive Officer, can be contacted at +370 5 243 58 01 for further information related to the meeting.
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