HCL.L Regulatory News (HCL)

21 May 2009 07:00



Hellenic Carriers Limited 

Press Release 21 May 2009

AGM Results 

Hellenic Carriers Limited, ("Hellenic" or the "Company") (AIM: HCL), an international provider of marine transportation services for dry bulk cargoes, today announces that at their Annual General Meeting held yesterday on 20 May 2009 in Athens all resolutions, mentioned below, were duly passed. 

The issued share capital as of 21 May 2009 is 45,616,851 shares of US$0.001 each with voting rights. 

Ordinary Resolutions

That the Company's accounts and reports of the Directors and Auditors for the year ended 31 December 2008 be adopted

That Charlotte Maria Ypatia Stratos, being eligible for re-election, be re-elected as Director of the Company. 

That Graham Stanley Roberts, being eligible for re-election, be re-elected as Director of the Company. 

That Dimos Kapouniaridis, being eligible for re-election, be re-elected as Director of the Company. 

That Ernst & Young be reappointed as Auditors of the Company (in accordance with Article 33 of the Articles of Association of the Company) to hold office until the conclusion of the next General Meeting and that their remuneration be fixed by the Directors. 

That the payment of a dividend of GBP 0.023 per ordinary share in the share capital of the Company for the year ended 31 December 2008 be approved. 

Special Resolutions

That the dis-application of the pre-emption rights under Article 3.8 of the Company's Articles of Association, that was decided by the Board on 22 November 2007, be extended at a percentage to be further determined which however, will not exceed 50% of the share capital in issue until the close of the next Annual General Meeting.

- ENDS -

For further information please contact: 

Hellenic Carriers Limited 

Fotini Karamanlis, Chief Executive Officer 

E-mail: info@hellenic-carriers.com  +30 210 455 8900 

Jefferies International Limited 

Anne Dovigen +44 (0) 20 7029 8000 

Schuyler Evans 

Capital Link 

Annie Evangeli +44 (0) 20 3206 1320 (London) 

Ramnique Grewal +1 212 661 7566 (New York) 

E-mail: helleniccarriers@capitallink.com 

Further Information - Notes to Editors 

About Hellenic Carriers Limited 

Hellenic Carriers Limited manages through Hellenic Shipmanagement Corp. a fleet of dry bulk vessels that transport iron ore, coal, grain, steel products, cement, alumina, and other dry bulk cargoes worldwide. Currently the fleet consists of six vessels, comprising four Panamaxes, one Supramax and one Handymax with an aggregate carrying capacity of 372,761 dwt.