bov-logo
Log in
ANNUAL GENERAL MEETING

BOV Annual General Meeting 2015

The 42nd Annual General Meeting of Bank (AGM) of Valletta p.l.c. will be held on Thursday, 17th December 2015 at the Grand Master Suite, Conference Centre, Hilton Malta, St Julian’s.

Registration starts at 9.00am whilst the Meeting commences at 10.00am.

Voting results

The total number of shareholders entitled to vote at the AGM was 19,349 shareholders.

Four resolutions were presented at the AGM. All the following resolutions were approved by show of hands:

    bullet-item
    Approval of Audited Financial Statements
    bullet-item
    Approval of the gross final dividend
    bullet-item
    Approval of the appointment of KPMG Malta jointly with KPMG LLP (UK) as external auditors and the granting of authority to the Board to fix their remuneration
    bullet-item
    Approval of changes to issued share capital due to a bonus share issue

Results for the Election of Directors

In view of the fact that the number of nominations for the posts of Directors on the Board equated to the number of vacancies, no election was held. The Bank’s Board of Directors for the forthcoming year will be composed of:

bullet-item
John Cassar White (Chairman)
bullet-item
Barbara Helga Ellul
bullet-item
James Grech
bullet-item
Mario Grima
bullet-item
Alfred Lupi
bullet-item
George Portanier
bullet-item
Taddeo Scerri
bullet-item
Gabriele Simonetti
bullet-item
Joseph M Zrinzo


Mr John Cassar White (Chairman) and Mr Taddeo Scerri were appointed by the Government until the 2016 AGM. Gabriele Simonetti was appointed by UniCredit until the 2019 AGM.

AGM Documentation

Important information

Participation at the AGM is restricted to Shareholders who are registered as such on the Register of Shareholders of the Bank on the Record Date, being Tuesday, 17 November 2015.

All the documentation relating to the AGM (as listed above) has been mailed to these Shareholders on the 26 November 2015 (the date of the Notice).

At the date of the notice, the total number of shares was 360,000,000 Ordinary Shares, which carry equal voting rights.

The Form of Proxy (including the electronic proxy – vide section entitled ‘Electronic Proxy’ below) is to be received by the Bank not less than 48 hours before the time of the AGM.

Shareholders (whether personally or by proxy) are entitled to ask questions which are pertinent and related to any resolution placed before the AGM and to have such questions answered by the Chairman of the Meeting or by the Directors or by such person/s as the Directors may delegate for that purpose. The Chairman has invited the Shareholders, if they so desire, to submit in writing any such questions to the Company Secretary, either by mail at House of the Four Winds, Triq L-Imtieħen, Il-Belt Valletta VLT 1350 or by email to [email protected] by not later than Thursday, 10 December 2015.

For further information about the AGM, you may wish to read the Explanatory Notes in the Notice to Shareholders.

Electronic Proxy

Shareholders have the option to submit the Proxy form electronically. Information about this option can be found in Page 3 (Section B) of the Explanatory Notes contained in the Notice to Shareholders.

Quick access