Woolworth and Ermes set annual general meetings
Woolworth (Cyprus) Properties Plc and Ermes Department Stores Plc have announced that they will hold their annual general meetings at their registered office in Nicosia.
Firstly, Woolworth (Cyprus) Properties Plc said that its meeting will take place at 10.30 a.m. at Shacolas House, 200 Limassol Avenue, 2025 Strovolos, Nicosia.
Meanwhile, Ermes Department Stores Plc stated that its meeting will follow at 11.00 a.m. at the same location.
At the meetings, shareholders of both companies will consider and, if deemed fit, pass appropriate resolutions on a shared agenda covering four main items.
According to an official announcement, the first item concerns the presentation of the directors’ report for the year 2024.
This includes the management report, the corporate governance report, the auditors’ report and the audited financial statements for the year ended December 31, 2024.
What is more, shareholders will also be asked to decide on the election or re-election of board members.
Another item on the agenda is the examination and approval of the remuneration policy and the fixing of board members’ remuneration.
The meetings will further address the appointment of the company’s external auditors.