REG - Edita Food Ind SAE - Edita's Board Resolution -FY2021

Edita Food Industries SAEAnnouncement

14/03/2022 13:45

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RNS Number : 7049E  Edita Food Industries S.A.E.  14 March 2022

Edita Food Industries - Summary of Resolutions of the Board of Directors
Meeting of the company convened on Monday, 14 March 2022

Cairo, 14 March 2022

Edita Food Industries SAE ("the Company") announces that the Board of
Directors Meeting of the Company convened on 27 February 2022 and unanimously
resolved the following resolutions:

1.    Approved the minutes of the previous board of directors meeting (no.
157) dated 30/11/2021.

2.    Approved the Board of Directors report for the Company's activities
for the fiscal year ending on 31 December 2021 and the Corporate Governance
Annual Report & the Auditor's report thereon, to be presented to the
ordinary general meeting for its approval.

3.    Approved the Auditor's report on the standalone and consolidated
financial statements for the fiscal year ending on 31 December 2021, to be
presented to the ordinary general meeting for its approval.

4.    Approved the standalone and consolidated financial statements for the
fiscal year ending on 31 December 2021, to be presented to the ordinary
general meeting for its approval.

5.    Approved the proposal for distribution of dividends for the fiscal
year ending on 31 December 2021, which entails distributing to the
shareholders an amount of EGP 200 Million from the Company's profits for the
fiscal year ending December 31, 2021, by way of a coupon of 0.277 for each
share, to be presented to the ordinary general meeting for its approval

6.    Approved the calling of the Ordinary General Meeting and
Extraordinary General Meeting to convene and delegating the chairman of the
company in determining the place and methodology of convening the meeting and
amending the date of meeting, as the case may be.

7.    Approved to amend the signatory authorities and spending limits of
the Company.

8.    Approved the sale of used Assets (Equipment and Machinery) to Edita
Morocco and delegating the chairman of Board of director or any person he
authorizes to take all the necessary procedures in this regard.

9.    The Board of Directors was updated on the Audit Committee report.

 

 

-Ends

 

Contacts

Ms. Menna Shams El Din

Head of Investor Relations

T: +202 3851 6464 | M: +20 100 1542428 |  menna.shamseldin@edita.com.eg
(mailto:%20menna.shamseldin@edita.com.eg)

 

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