Today’s Annual Ordinary General Meeting of Shareholders approved the 2015
financial results of the Company and the pay-out of the dividend as proposed by
the Board of Directors, amounting to € 1.55 gross per share.
Furthermore, the shareholders appointed Michel Allé as independent director,
until the 2022 General Assembly and Peter Vanvelthoven as non-independent
director, pursuant to the proposal of Publi-T, further to his co-optation by the
Board, until the 2017 General Assembly.
Michel Allé graduated as a Civil Engineer in Physics and holds a Master in
Economics (both from the Université Libre de Bruxelles). He worked several
years as CFO for companies as BIAC and SNCB and was member of the Group’s
Management Committee of COBEPA in addition to an academic career as
professor in Economics and Finance (Solvay Brussels School, Ecole
Polytechnique). He has acquired extensive experience in directorship in several
companies, such as Telenet, Zetes, Mobistar and D’Ieteren.
Peter Vanvelthoven earned a degree in Law from the Vrije Universiteit Brussel
and in Taxation and Accounting at the UGent. After his career as a lawyer and
an academic, he entered politics where he assumed several official positions. He
is currently Mayor of Lommel, Member of the Federal Parliament and chairman
of sp.a Limburg. He is familiar with the energy sector and corporations in
general through several directorships, like Infrax, Nuhma and Kristalpark.
Finally, the extraordinary general assembly approved the proposed capital
increase for a maximum amount of € 6.0 million reserved for the personnel. This
capital increase will be split up in two tranches, one in 2016 limited to € 5.3
million and a second tranche in 2017 for a maximum amount of € 0.7 million.
Press release as pdf-file