Main Street Complex p.l.c. held its 2022 Annual General Meeting on Monday, May 23rd. The meeting was chaired by the Chairman of the Board of Directors, Mr. Joseph A. Gasan, who presented an overview of the company’s performance and financial results during 2021 and an outlook to 2022.
All of the ordinary resolutions put forward for approval by shareholders at the AGM were approved, as follows:
i. Audited Financial Statements
The Audited Financial Statements of the Company for the financial year ended 31 December, 2021 and the Directors’ and Auditors’ report thereon were received and approved;
The final net dividend of €241,000 (or €0.01,243 per share) was also approved; and
iii. Re-appointment of Auditors
The appointment of PricewaterhouseCoopers as auditors of the Company was approved too.
(2) Appointment of Directors
No resolution for the purpose of appointing Directors to the Board of Directors of the Company was required. The incumbent members of the Board of Directors were re-appointed in accordance with the Articles of Association of the Company. Accordingly, with effect from the conclusion of the AGM, the Board of Directors of the Company is to be composed of Mr Joseph A. Gasan (Chairman of the Board), Mr Mario Camilleri, Mr Etienne Borg Cardona, Mr Christopher Mifsud and Ms Isabella Vella.
(3) Discussion on remuneration report
The Remuneration Report of the Company set out in the Directors’ Report forming part of the audited financial statements of the Company for the financial year ended 31 December, 2021, was put forward for discussion at the AGM in accordance with Capital Markets Rule 12.26L of the Capital Markets Rules issued by the Malta Financial Services Authority. No questions relative to the said remuneration report were received in advance of, or raised at, the AGM.