Amsterdam 31 May 2024. Cabka N.V. (together with its subsidiaries “Cabka”, or the “Company”), a company specialized in transforming hard to recycle plastic waste into innovative Reusable Transport Packaging (RTP), listed at Euronext Amsterdam, announces that at its Annual General Meeting (AGM) of shareholders, held yesterday in Amsterdam, The Netherlands, all resolutions were duly passed. This included the adoption of the Company's 2023 financial statements and approval of proposed dividend distribution of EUR 0.15 per ordinary share.
The AGM took place on Thursday 30 May 2024 at Crown Plaza Amsterdam South, in Amsterdam, The Netherlands. At the AGM, in total 12,076,251 votes were cast representing 48.68% of the total issued and outstanding share capital of 24,808,378 shares (of which 97,778 special shares).
The agenda items proposed for adoption in the AGM were voted on as follows:
Agenda item 2b
Remuneration report for the management board and supervisory board for the financial year 2023.
| In favour | Against | Withheld |
| 12,075,644 | 15 | 592 |
Agenda item 2c
Adoption of the company and consolidated financial statements for the financial year 2023 including appropriation of the net result for the financial year 2023.
| In favour | Against | Withheld |
| 12,076,134 | - | 117 |
Agenda item 2d
Distribution in relation to the financial year 2023 and related amendments of the articles of association.
| In favour | Against | Withheld |
| 12,076,134 | - | 117 |
Agenda item 3a
Discharge of the managing directors for the financial year 2023.
| In favour | Against | Withheld |
| 12,076,134 | - | 117 |
Agenda item 3b
Discharge of the supervisory directors for the financial year 2023.
| In favour | Against | Withheld |
| 12,076,134 | - | 117 |
Agenda item 4
Reappointment of the external auditor for the financial year 2024.
| In favour | Against | Withheld |
| 12,076,134 | - | 117 |
Agenda item 5
Amendment articles of association.
| In favour | Against | Withheld |
| 12,076,134 | - | 117 |
Agenda item 6
Authorization of the management board, subject to approval of the supervisory board, to repurchase ordinary shares.
| In favour | Against | Withheld |
| 12,076,134 | - | 117 |
Agenda item 7(i)
Designation of the management board, subject to approval of the supervisory board, as the competent body to issue ordinary shares.
| In favour | Against | Withheld |
| 12,075,517 | 617 | 117 |
Agenda item 7(ii)
Designation of the management board, subject to approval of the supervisory board, as the competent body to restrict or exclude pre-emptive rights upon issuance of ordinary shares.
| In favour | Against | Withheld |
| 12,075,517 | 617 | 117 |
Financial Calendar 2024
| Ex-Dividend* Date |
| Dividend* Record Date |
| Half-Year Results and Half-Year Report 2024 |
| Dividend* Payment Date |
| Trading Update Q3 2024 |
* Reference to ‘dividend’ refers to proposed distribution
For more information, please contact:
Nadia Lubbe, Investor & Press contact
IR@cabka.com, or n.lubbe@cabka.com;
+49 152 243 254 79
www.investors.cabka.com
Commercial contact: info@cabka.com
www.cabka.com
About Cabka
Cabka is in the business of recycling plastics from post-consumer and post-industrial waste into innovative reusable transport packaging (RTP), like pallets- and large container solutions enhancing logistics chain sustainability. ECO product are mainly construction and road safety products produced exclusively out of post-consumer waste.
Cabka is leading the industry in its integrated approach closing the loop from waste, to recycling, to manufacturing. Backed by its own innovation center it has the rare industry knowledge, capability, and capacity of making maximum use bringing recycled plastics back in the production loop at attractive returns. Cabka is fully equipped to exploit the full value chain from waste to end-products.
Cabka is listed at Euronext Amsterdam as of 1 March 2022 under the CABKA ticker with international securities identification number NL00150000S7.
Disclaimer
The content of this press release may include statements that are, or may be deemed to be, ‘’forward-looking statements’’. These forward-looking statements may be identified by the use of forward-looking terminology, including the terms ‘’believes’’, ‘’estimates’’, ‘’plans’’, ‘’projects’’, ‘’anticipates’’, ‘’expects’’, ‘’intends’’, ‘’may’’, ‘’will’’ or ‘’should’’ or, in each case, their negative or other variations or comparable terminology, or by discussions of strategy, plans, objectives, goals, future events or intentions. Forward-looking statements may and often do differ materially from actual results. Any forward-looking statements reflect the Company’s current view with respect to future events and are subject to risks relating to future events and other risks, uncertainties and assumptions relating to the Company’s business, results of operations, financial position, liquidity, prospects, growth, or strategies.
Readers are cautioned that any forward-looking statements are not guarantees of future performance. Given these uncertainties, the reader is advised not to place any undue reliance on such forward-looking statements. These forward-looking statements speak only as of the date of publication of this press release. The Company undertakes no obligation to publicly update or revise the information in this press release, including any forward-looking statements, except as may be required by law.
This document contains information that may qualify as inside information within the meaning of Article 7(1) of Regulation (EU) No 596/2014 on market abuse.
Attachments
- 20240530_Cabka Annual General Meeting results_All resolutions duly passed_Final
- 20240530 Cabka AGM slide deck
