Sonae Capital, SGPS, SA informs about resolutions of the Annual Shareholders General Meeting 28 April 2010

 

  

SONAE CAPITAL, SGPS, S. A.
Lugar do Espido, Via Norte, Maia
Share Capital: 250,000,000 Euro
Maia Commercial Registry and Fiscal Number 508 276 756
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 in the Shareholders’ General Meeting held today:
1- To approve the Report of the Board of Directors, the individual and consolidated financial statements for 2009, including appendices thereto, as presented by the Board of Directors;
2- To approve that the 2009 net profit, of 163,822,536.53 euro, has the following appropriation:
Legal Reserve: € 8,191,126.83
Free Reserves: € 154,781,630.19
Retained Earnings: € 849,779.51
3- To approve the management and audit of the Company for the year 2009;
4- To authorize the Board of Directors to purchase and sell own shares, over the next 18 months and up to the limit permitted by law, under the terms of the proposal presented by the Board of Directors and previously disclosed;
5- To authorize the Board of Directors to purchase and sell bonds issued by the Company, over the next 18 months and up to the limit permitted by law, under the terms of the proposal presented by the Board of Directors and previously disclosed;
6- To authorize companies controlled, directly or indirectly, by this Company to acquire and/or hold shares issued by the Company, over the next 18 months, under the terms of the proposal presented by the Board of Directors and previously disclosed;
7- To approve the proposal of the Remunerations Committee regarding the remuneration policy applicable to statutory governing bodies;
8- To authorize the granting of own shares, not exceeding 1% of the Company’s share capital, to executive directors and key management staff of this Company and of directly and indirectly controlled companies, under the terms of the proposal presented and previously disclosed;
9- To change the wording of number 1 of article 21, of numbers 3, 5, 7 and 8 of article 23, as well as to add a new number to article 31 of the Company’s Articles of Association, under the terms of the proposal presented and previously disclosed.


Maia, 28 April 2010

The Representative for Capital Market Relations