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ANNUAL GENERAL MEETING OF THE SHAREHOLDERS OF KLEEMANN
ANNUAL GENERAL MEETING OF THE SHAREHOLDERS OF KLEEMANN
The Annual General Meeting of the Shareholders of Kleemann was held today, in which the annual financial statements of the Group and the Company for the year 2014 were approved as well as the reports of the Board of Directors and the Reports of the Auditors for the fiscal year.
In the General Meeting, 71,60% of the shareholders (or 16.923.843 shares) of the Company were represented. The Chairman of Kleemann Mr. Nikolaos K. Koukountzos referred to the activities that took place during the fiscal year 2014 and also to the satisfactory results the Group presented, having achieved its objectives. The Annual General Meeting also decided the purchase of own shares up to 10% of the paid up capital, i.e. up to 2.364.870 shares. The purchases of own shares will take place provided that it is considered more beneficial on a case by case basis than other offered investment opportunities and there is available cash in the Company.
After the completion of the meeting Mr. Koukountzos said:
"Our company continues its growth. 2014 was a good year, and in 2015 we aim for it to be even better. We innovate in the design and technology of our products, as well as the services offered to our customers. Based on these competitive advantages we are expanding internationally with steady steps and this ensures the company's future growth".
