DeA Capital: approved the financial statements at 31 December 2020
Net profit of 25.4 million euros
The general meeting of shareholders of DeA Capital SpA met today under the chairmanship of Lorenzo Pellicioli. The shareholders' meeting approved the financial statements at 31 December 2020 of the parent company DeA Capital SpA, which closed with a positive net result of 25.4 million euros (compared to 12.5 million euros in 2019), fully to reduce previous losses. The shareholders' meeting also approved, as an extraordinary dividend, the partial distribution of the share premium reserve in the amount of € 0.10 per share or, on the basis of the current number of eligible shares, for a total amount of approximately € 26 million. . For distribution, the company will draw on available liquidity.
The meeting also took note of the consolidated financial statements of the Group as at 31 December 2020, which showed a profit for the period of € 20.4 million (approximately + 66% compared to the profit of € 12.3 million recorded in 2019). The shareholders' meeting authorized the Board of Directors to carry out deeds of purchase and disposal, in one or more times, on a revolving basis, of a maximum number of company shares up to a stake not exceeding 20% of the share capital of the same (or approximately 53.3 million shares). It was then approved, pursuant to and by effect of art. 114-bis of the TUF, a new incentive plan called "DeA Capital 2021-2023 Performance Share Plan" reserved for certain employees and / or directors of DeA Capital SpA, subsidiaries and the parent company De Agostini SpA
Finally, the meeting approved the appointment of dr. Nicola Drago appointed by co-optation by the board of directors on 12 May 2020. The director will remain in office until the expiry of the mandate of the current board of directors or until the meeting for the approval of the financial statements for the 2021 financial year.
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