AGM Information • Apr 17, 2019
AGM Information
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| Informazione Regolamentata n. 1967-29-2019 |
Data/Ora Ricezione 17 Aprile 2019 17:18:39 |
MTA | |
|---|---|---|---|
| Societa' | : | doBank SpA | |
| Identificativo Informazione Regolamentata |
: | 117124 | |
| Nome utilizzatore | : | DOBANKN02 - Fabio Ruffini | |
| Tipologia | : | REGEM; 3.1; 1.1 | |
| Data/Ora Ricezione | : | 17 Aprile 2019 17:18:39 | |
| Data/Ora Inizio Diffusione presunta |
: | 17 Aprile 2019 17:18:40 | |
| Oggetto | : | Press Release Ordinary Shareholders'Meeting of April 17, 2019 |
|
| Testo del comunicato |
Vedi allegato.
Rome, April 17, 2019 The Shareholders' Meeting of doBank S.p.A. ("doBank") met today in ordinary session, in single call, and approved all the items on the agenda:
With the 99,937% of the favorable votes of those present, the Shareholders' Meeting approved the Financial Statements of doBank S.p.A. at December 31, 2018, which closed with a Net Result of Euro 43.374.465.
During the meeting the consolidated financial statements of the Group at December 31, 2018 were also presented, which closed with gross revenues at € 233.5 million, up + 9% compared to € 213.5 million in 2017, and a net result excluding non-recurring charges of € 52.6 million, + 17% compared to € 45.0 million in 2017 (net result of € 50.9 million, + 13% compared to € 45.0 in 2017).
The Shareholders' Meeting then approved the distribution of dividends for the financial year 2018 for Euro 36.836.956, equal to Euro 0.460 gross of taxes, for each ordinary share, (i.e. for each of the shares that will result in circulation on the ex-dividend date, therefore excluding the treasury shares held at that date) corresponding to 70% of consolidated profit excluding non-recurring items (70% payout).
The dividend will be paid on 29 May 2019 (with coupon no. 2 on 27 May and record date on 28 May).
The Shareholders' Meeting approved the Annual Report on Remuneration and incentive policies (2019 policy and 2018 implementation), drafted in compliance with the provisions of the Supervisory Provisions for Banks and which highlights the main characteristics and results of the implementation of the remuneration policy and Group incentive plans for the members of the bodies with strategic supervision, management and control functions and the other Group personnel.
The Shareholders' Meeting also granted a proxy, subject to the resolution of the Board of Directors and the Chairman of the Board of the Directors and the Chief Executive Officer in a disjoint manner, to enforce this resolution, including by making the changes and / or additions that may be necessary for the realization of what approved (which does not alter the substance of the resolution) also in consideration of the transformation into an authorized company for the purposes of 115 Tulps.
Lastly, the Shareholders' Meeting approved the Severance Pay Policy prepared in compliance with the regulatory provisions contained in Title IV, Chapter 2, "Remuneration and incentive policies and practices" of Bank of Italy Circular 285 , which provide that the Shareholders' Meeting approve, among other things, the
criteria for determining the remuneration to be paid in case of early termination of the employment relationship or early termination of office, including the limits set in terms of number of years of the fixed remuneration and the maximum amount resulting from their application.
The Remuneration and Incentive Policy, Share-Based Incentive Plan and Severance Pay Policy will be available on the Company's website www.dobank.com in the Governance section.
The minutes of the Shareholders' Meeting of doBank S.p.A. of April 17, 2019, it will be made available to the public in the manner and within the time limits established by current legislation.
Elena Gottardo, in her capacity as manager in charge of preparing corporate accounting documents, declares - pursuant to paragraph 2, article 154-bis of Legislative Decree 58/1998 ("Consolidated Law on Finance") that the accounting information contained in this press release corresponds to the document results, books and accounting records.
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doBank, listed on the Electronic Stock Market (Mercato Telematico Azionario) organised and operated by Borsa Italiana S.p.A. since July 2017, is a leader in Italy in the business of managing primarily non-performing loans. With more than 18 years of experience in the sector, the Group is a long-standing partner of leading financial institutions and national and international investors. It had a portfolio of assets under management of €82 billion (in terms of gross book value) at December 31, 2018. Managing all phases of the loan lifecycle with an advanced operational approach and the highest servicer ratings in Europe, in 2018 the Group had gross revenues of about €234 million, with an EBITDA margin of 36% and strong cash generation.
Image Building doBank S.p.A. Simona Raffaelli – Emilia Pezzini [email protected]
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Investor Relations doBank S.p.A. Fabio Ruffini 06 47979154
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