GTT's 2017 combined shareholders' annual general meeting summary
Paris, May 18, 2017 - The combined shareholders' annual general meeting (AGM) of GTT (Gaztransport & Technigaz) met today at Domaine de Saint-Paul in Saint-Rémy-lès-Chevreuse, under the chairmanship of Philippe Berterottière, Chairman and CEO of GTT.
All resolutions submitted to the Annual General Meeting (AGM) were approved, except the Sixteenth resolution related to the authorization to be granted to the Board of Directors to complete one or several capital increases reserved for employees, that GTT's Board of Directors proposed to reject.
The shareholders approved in particular the financial statements for the fiscal year 2016 and the payment of a dividend of 2.66 euros per share, it being specified that an interim dividend amounting to 1.33 euro was paid on September 30, 2016.
The AGM approved the co-option as director of Cécile Prévieu, the renewal of the term of office of Andrew Jamieson as a director, the appointment of Didier Holleaux and Ana Busto as directors, and the appointment of Benoit Mignard as a non-voting director ( censeur ).
The AGM issued a favorable opinion on the elements of compensation, for fiscal year 2016, of Mr. Philippe Berterottière, Chairman and CEO, and of Mr. Julien Burdeau, COO. The AGM further approved the report on the principles and criteria for determining, breaking down and allocating the compensation of the executive officers for 2017.
The AGM appointed the Cailliau Dedouit et Associés firm as statutoryjoint auditor for a term of 6 financial years.
The results of the vote on each resolution will soon be available on GTT's website (www.gtt.fr) at Finance / Shareholders' meeting.
Financial calendar
- May 29, 2017 : Ex-dividend date
- May 31, 2017 : Payment of the balance of the dividend (1.33 euro per share) for the financial year ended December 31, 2016
- July 20, 2017 : Release of H1 2017 results (after market close)
Investor Relations Contact information-financiere@gtt.fr / + 33 1 30 23 42 26 - + 33 1 30 23 20 87
Media Contact: press@gtt.fr / +33 1 30 23 42 24
For more information, visit the GTT website, www.gtt.fr.
About GTT
GTT (Gaztransport & Technigaz) is an engineering company expert in containment systems with cryogenic membranes used to transport and store liquefied gas, in particular LNG (Liquefied Natural Gas). For over 50 years, GTT has been maintaining reliable relationships with all stakeholders of the gas industry (shipyards, shipowners, gas companies, terminal operators, classification societies). The Company designs and provides technologies which combine operational efficiency and safety, to equip LNG carriers, floating terminals, and multi-gas carriers. GTT also develops solutions dedicated to land storage and to the use of LNG as fuel for the vessel propulsion, as well as a full range of services. GTT is listed on Euronext Paris, Compartment A (ISIN FR0011726835 Euronext Paris: GTT) and is notably included in SBF 120 and MSCI Small Cap indices.
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