“Is hereby rejected the distribution as dividends of the amount of RON350,000,000 included in the reported outturn account. with a majority of 64,45% of the votes held by the present, represented or shareholders who voted by mail, following a number of 295.119.255 valid votes for a number of 295.119.255 shares held by shareholders present, represented or who voted by mail, representing 37,6118% of the share capital of the company, from which 104.920.750 votes “in favor”, 190.195.049 votes “against”, 0 “refraining”, 2.456 votes canceled and 1.000 votes not expressed”, the company said in a stock market report.
Behboud Madadi, the biggest individual investor in a SIF, holding 6.13% of the share capital of SIF4, required the distribution of RON350 million as dividends following the cancelation of a program for the repurchase of own shares, a measure approved in April in 2020.
Behboud Madadi acquired a total 12.3 million shares of SIF Muntenia, between September 29 and October 12, 2021, for which it paid RON19.7 million within a public repurchase offer.
SIF Muntenia has a stock market capitalization of RON1.2 billion. SIF4 shares have grown 87.8% since the beginning of 2021, amid deals worth RON62 million, per stock market data.