Albioma General Meeting of Shareholders of 30 May 2018: All Resolutions Approved

Paris, France - The annual General Meeting of shareholders held on 30 May 2018 of the French bioenergy company Albioma adopted all of the resolutions put to the vote by a very large majority.

As a consequence of the meeting, Mr Pierre Bouchut was appointed as a Director. He therefore succeeds Mr Michel Bleitrach who, after a 12-year appointment as a Director, did not wish to stand for office again. Mr Pierre Bouchut was also entrusted with the function of Chairman of the Audit, Accounts and Risks Committee, and joins the Nomination, Remuneration and Governance Committee.

Moreover, the co-option of Mrs Ulrike Steinhorst as a Director, which took place on 19 September 2017, was ratified by the shareholders. She will continue to chair the Nomination, Remuneration and Governance Committee, and is from now on a member of the Corporate Social Responsibility Committee.

The General Meeting has approved the distribution of a €0.60 dividend per share. This dividend will reach €0.66 for the shareholders whose shares have been held in registered form since 1 January 2016, within the limit of 0.5% of the share capital. The shareholders will have an option, from 7 to 28 June 2018 included, to receive half of their dividend in the form of new shares to be issued at a unit price of €17.78. The remainder of the divided will be paid in cash. The payment of the dividend, as well as the delivery of the new shares, will take place on 10 July 2018.

Next on the agenda: first-half 2018 results, on 26 July 2018 (after close of market).

Source: IWR Online, 08 Jun 2018