Convening of the Ordinary and Extraordinary General Shareholders’ Meeting

Reig Jofre informs that on May 18, 2016, the Board of Directors of the Company approved the convening of the Ordinary and Extraordinary General Shareholders’ Meeting.

The full agenda of the General Shareholders’ Meeting of Shareholders is presented hereafter, which include the following non-ordinary points:

  • Third point: Long-term loyalty plan for Directors and Managers, with the main objective to attract and retain talent and achieve maximal alignment of interests and objectives of executives with the strategy and overall objectives of the Company and its shareholders.
  • Fourth point: Bylaw amendments, with the main objective of regulating the possibility that dividend payment is made, wholly or partly, in shares.
  • Fifth point: Reduction of share capital, with the main objective of creating a voluntary reserve in order to restructure the composition and total equity of the Company and facilitate the possibility of dividend distribution.
  • Point sixth: Generic authorization to the Board of Directors for an eventual capital increase within five years, with the main objective of facilitating the implementation of decisions related to potential corporate transactions in the future and, consequently, increase the free -float of the Company.

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