Sonae Capital informs about resolutions from the Shareholders' Annual General Meeting

 

 

SONAE CAPITAL, SGPS, S. A.
Lugar do Espido, Via Norte, Maia
Capital social: € 250,000,000.00
Maia Commercial Registry and Fiscal Number 508276756
Sociedade Aberta

ANNOUNCEMENT OF MATERIAL EVENT

 

Under the terms and for the purposes of article 249 of the Portuguese Securities Code and of CMVM’s Regulation nr. 5/2008, Sonae Capital, SGPS, SA hereby informs that the following resolutions were taken, by unanimous decision, in the Shareholders’ General Meeting held today:

1 - To approve the Report of the Board of Directors, the individual and consolidated financial statements for 2011, as presented by the Board of Directors;

2 - To approve that the 2011 Net Loss of 918,205.90 euro is covered by Free Reserves;

3 - To approve the management and audit of the Company;

4 - To approve the statement of the Remunerations Committee regarding the remuneration and compensation policy for statutory governing bodies, under the terms of the proposal presented and previously disclosed;

5 - To grant approval to the Board of Directors to purchase and sell own shares, over the next 18 months and under limits permitted by law, under the terms of the proposal presented by that statutory body and previously disclosed;

6 - To grant approval to the Board of Directors to purchase and sell bonds issued by the Company, over the next 18 months and under limits permitted by law, under the terms of the proposal presented by that statutory body and previously disclosed;

7 - To grant approval for the acquisition and/or holding of shares issued by the Company by companies controlled, directly or indirectly, by this Company, over the next 18 months, under the terms of the proposal presented by the Board of Directors and previously disclosed.

Maia, 30 March 2012

The Representative for Capital Market Relations