One United Properties convened the first General Meeting of Shareholders since the company’s listing on the Bucharest Stock Exchange. During the GMS, the shareholders approved, among other items, the distribution of 32.5 million lei in cash dividends, capitalization of premiums from this year’s IPO and the subsequent issuance of bonus shares in proportion of 4 new shares for every 5 shares held as well as the introduction of a new class of shares.
“I want to thank our shareholders for their support, which enabled us to complete our first post-IPO General Meeting to our highest satisfaction. We have very much appreciated the backing of our investors across all our proposals, which is another valuable sign of their confidence in our strategy. The Board and I are very pleased with today’s outcome and look forward to continuing the partnership with our shareholders on the journey that we have launched earlier this year. On behalf of the Board, our management and all of our staff; I can say that we look forward to working diligently and to capturing the opportunities that lie ahead of our company today and in future,” stated Claudio Cisullo, Chairman of the Board at One United Properties.
