The Company under the name "PASAL REAL ESTATE DEVELOPMENT SOCIETE ANONYME" and the trade name "PASAL Development S.A." (the "Company") informs the investing public that the Extraordinary General Meeting of its shareholders was held on 20.11.2020. Attending the meeting were two (2) shareholders representing 26,161,923 shares and voting rights out of a total 35,043,831, i.e. 74.655% of the Company's total share capital; therefore, the discussion and decision-making on all agenda items were quorate.
The following resolutions were proposed and carried at the General Meeting:
SINGLE AGENDA ITEM Change of company name and amendment of article 1 of the Company's Articles of Association. The Extraordinary General Meeting unanimously resolved that the Company name be changed from "PASAL REAL ESTATE DEVELOPMENT SOCIETE ANONYME" to "PREMIA SOCIETE ANONYME" and the trade name be changed from "PASAL Development S.A." to "PREMIA Properties". It also resolved that the pertinent Article 1 of the Company's Articles of Association be amended to read as follows: “The company name is ‘PREMIA SOCIETE ANONYME’, and the trade name is ‘PREMIA PROPERTIES’. In case the Company trades with foreign entities, the corporate name is rendered in that foreign language in an exact transcription or in the Latin alphabet”.
Furthermore, the Extraordinary General Meeting authorised the Chairman of the Company's Board of Directors, Mr Elias Georgiadis, to proceed with compiling, encoding and signing the Company's Articles of Association entire text, following the amendment of Article 1, and attend to compliance with all publicity formalities under the law.
