23
042014

Supervisory Board adopted the audited consolidated annual report of the Žito Group and Žito d.d. for the year 2013 and approved the agenda of the annual general meeting of shareholders

Ljubljana, 23 April, 2014 – At yesterday’s session the members of the Supervisory Board of Žito d.d. adopted the audited annual report of the Žito Group and Žito d.d. Furthermore, they adopted the convening of the session and proposed agenda of the 20th General Meeting of shareholders of Žito d.d.

The proposed General Meeting agenda includes the presentation of the ŽITO, d.d. company and ŽITO GROUP, d.d. annual report, auditor’s report and report of the Supervisory Board on approval of the annual report for financial year 2013, familiarisation with remuneration of the members of the Management Board and Supervisory Board, use of distributable profit and discharge of members of the Management Board and Supervisory Board.

The Supervisory Board thus has given consent to the Management Board’s proposal on the division of distributable profit that as at 31 December 2013 amounted to €25,982,799.34. The proposal envisages that part of the distributable profit in the amount of €1,088,724.20, representing 44% of net profit in the 2013 financial year shall be divided among shareholders of the Žito, d.d. company who will be registered in the share register on the second working day following the execution of the General Meeting. The proposed gross dividend is € 3.40 per share. The dividends shall be paid to shareholders on 24 October 2014 in a non-revalued amount. The remaining part of distributable profit in the amount of €24,984,075.14 shall be transferred to the 2014 financial year as retained earnings.

 

The audited annual report of the Žito Group can be accessed via the following link:

 Annual report 2013 Final

 

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Additional information:

Nina Rus Turuk,

Public Relations, Žito Group
Phone: 01 5876 120
E-mail: pr@zito.si

 

 

 

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