Announcement of the General Meeting 26.6.2019

 According to the law and the Articles of Association of the company, the Board of Directors invites the shareholders of the HELLENIC MARKET INDUSTRY OF MARBLE TECHNICAL AND TOURIST COMPANY IKTINOS HELLAS SA to a General Meeting on 26 June 2019, Wednesday, at 12:00 pm. at the offices of the company in Lykovrisis 7 - Metamorfosi, in order to decide on the following issues:

  1. Submission and approval of the Annual Financial Statements for the fiscal year 01.01.2018 - 31.12.2018, in accordance with the International Accounting Standards, as well as the relevant reports of the Board of Directors and the Certified Auditor-Accountant.
    2. Approval for the distribution of profit dividends to the shareholders of the fiscal year 01.01.2018 - 31.12.2018.
    3. Discharge of the members of the Board of Directors and the Certified Auditor-Accountant from any liability for compensation for the activities of the year 2018.
    4. Election of a regular and a substitute Certified Auditor - Accountant for the audit of the financial statements for the financial year 01.01.2019 - 31.12.2019.
    5. License, in accordance with article 23 par. 1 of CL. 2190/1920, to the members of the Board of Directors as participating in Boards of Directors and management boards of other companies with competitive or non-Company purposes.
    6. Approval of the remuneration paid to the members, executive and non-executive members of the Board of Directors during the year 2018 and pre-approval of the remuneration and other benefits to the members of the Board of Directors for the year 2019.
    7. Guarantee by issuing letters of guarantee to subsidiaries.
  2. Approval of the reduction of the nominal value of the share from forty Euro cents (€0.40) to ten Euro cents (€0.10) with the simultaneous increase of the total number of shares from 28,580,100 to 114,320,400 ordinary registered shares (split) and distribution of free shares to the Shareholders at the proportion of four (4) new shares to one (1) old share.
  3. Amendment of article 5, of the Statute that regards the Share Capital, regarding the approval of the reduction of the nominal value of the share from forty Euro cents (€0.40) to ten Euro cents (€0.10), with the simultaneous increase of the total number of shares from 28,580,100 to 114,320,400 ordinary registered shares (split) and distribution of free shares to the Shareholders at the proportion of four (4) new shares to one (1) old share. 

Authorization to the Management Board of the Company to implement the aforementioned decision. 

  1. Replacement of a member of the Audit Committee according to article 44 of Law 4449/2017
    11. Other Announcements.

 Shareholders of IKTINOS HELLAS SA have the right to participate and vote at the General Meeting. in the Records of the Securities System managed by HELLENIC EXCHANGES SA (HELEX) which holds the Company's securities at the beginning of the fifth day (record date:  21 June  2019) preceding the General Meeting. Demonstration of the shareholding is done by presenting a relevant written certificate of "HELEX" or, alternatively, by direct online connection of the Company with the archives of "HELEX". The relevant written statement or electronic certification regarding shareholder status must be received by the Company no later than the third day before the General Meeting. The Company is deemed to be entitled to participate and vote in the General Meeting only whoever has the status of shareholder at the above registration date. In case of non-compliance with the provisions of article 28a of CL. 2190/1920, the shareholders participate in the General Meeting only after its permission.
It should be noted that the exercise of the voting rights does not imply the freezing of the shares of the beneficiary or the observance of another similar procedure that restricts the possibility of selling and transferring them during the period between the recording date and the date of the General Meeting.
Each shareholder may take part and vote either in person or by signing a power of attorney appointing up to three (3) representatives. Legal persons participate in the General Meeting appointing as their representatives up to three (3) natural persons. However, if the shareholder holds shares that appear in more than one securities account, this limitation does not prevent the shareholder from designating different dealers for the shares appearing in each securities account in relation to the General Meeting. A representative acting for more than one shareholder may vote differently for each shareholder. The shareholder's representative is required to disclose to the Company, prior to the beginning of the General Meeting, any specific event that may be useful to shareholders to assess the risk that the agent may serve interests other than the interests of the shareholder. According to the above, a conflict of interest may arise, in particular when the representative:

  1. a) is a shareholder exercising control over the Company or is another legal entity or entity controlled by that shareholder,
    b) is a member of the Board of Directors or the General Administration of the Company or a shareholder exercising control over the Company or any other legal person or entity controlled by a shareholder exercising control over the Company,
    c) is an employee or statutory auditor of the Company or a shareholder exercising control over the Company or any other legal person or entity controlled by a shareholder exercising control over the Company,
    (d) is relative of first degree with one of the natural persons referred to the above (a) to (c).

The appointment and revocation of a shareholder's representative is made in written and can be send either to the Company’s headquarters or by fax (210 2818574) at least three (3) days before the date of the General Meeting. The Articles of Incorporation of the Company do not provide for the possibility to participate in the General Meeting by electronic means without the physical presence of the shareholders at the place of its holding or the possibility of remote participation of the shareholders in the voting.
At the request of shareholders who represent one twentieth (1/20) of the paid-up share capital, the Board of Directors of the Company is obliged to include on the agenda of the General Meeting additional issues if the relevant application is received until 11.06.2019, at least fifteen (15) days before the General Assembly. The request for inclusion of additional items on the agenda is accompanied by a justification or draft decision for approval by the General Meeting and the revised agenda is published in the same way as the previous agenda on 13.06.2019, ie thirteen (13) days before the date of the General Meeting and at the same time it is made available to the shareholders on the Company's web site together with the justification or the draft resolution submitted by the shareholders according to the provisions of article 27 par. .N. 2190/1920.
At the request of shareholders who represent one twentieth (1/20) of the paid up share capital, the Board of Directors makes available to the shareholders according to the provisions of article 27 par. 2190/1920, no later than 20.06.2019, ie at least six (6) days prior to the date of the General Meeting, draft decisions on issues included in the original or revised agenda if the relevant application is received by the Board of Directors until 19.06.2019, ie seven (7) days prior to
Date of the General Assembly.
At the request of any shareholder submitted to the Company until  21.06.2019, ie at least five (5) full days before the General Meeting, the Board of Directors is obliged to provide the General Meeting with the requested specific information on the Company's affairs, at a measure that is useful for the actual assessment of the items on the agenda. The Board of Directors may provide a single response to shareholder requests with the same content. No obligation to provide information exists when the relevant information is already available on the Company's website, in particular in the form of questions and answers.
At the request of shareholders who represent one fifth (1/5) of the paid up share capital submitted to the Company until 21.06.2019, ie at least five (5) full days before the General Meeting, the Board of Directors is obliged to provide to the General Meeting information for company’s affairs and assets. In all the above-mentioned cases, the requesting shareholders have to prove their shareholding and the number of shares they hold in the exercise of the relevant right. Such proof can be also shown from a certificate from the entity in which the relevant securities are held or the certification of the shareholding by direct electronic link between the entity and the Company.
The information and documents provided for in Article 27 (3) of the Codified Law 2190/1920 will be available in electronic form on the Company's website www.iktinos.gr .

IKTINOS HELLAS S.A.
Group of Companies

Athens Headquarters:
7 Likovrissis Str.,
PC 14452, Metamorfossis,
Athens – GREECE

Tel: +30 210 2826825
Fax: +30 210 2856342

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