Last checked at 25 Jul 2013 10:06
TRANSLATION FROM ARABIC
Summary of Resolutions
for the Second Extraordinary General Meeting
EFG Hermes Holding S.A.E.
held on July 25th, 2013
Due to the lack of legal quorum for the first EGM convened on July 7th, 2013; a second meeting was held on July 25th, 2013 and resolved the following:
Resolution no.1
The EGM ratified the decrease of the Company's issued capital from EGP 2,391,473,750 to EGP 2,389,518,750 through retiring 391,000 of treasury shares retained for more than a year.
Resolution no.2
The EGM ratified the increase of the Company's issued capital from EGP 2,389,518,750 to EGP 2,867,422,500 through the transfer of EGP 477,903,750 from the retained earnings account as at 31/12/2012 to the share capital account and distributing 95,580,750 bonus shares, one bonus share for every 5 shares held by each shareholder.
Resolution no.3
The EGM approved amending Articles (6) and (7) of the Company's Statutes in light of the proposed corporate actions above.
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Fax: +20 (0)2 3535 7017
Email: investor-relations@efg-hermes.com
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