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Minutes and Documents

- Snam Rete Gas S.p.A. -
Sede legale in San Donato Milanese (MI)
Piazza Santa Barbara n. 7
Capitale sociale € 1.956.024.600,00, i.v.
Codice Fiscale e numero di iscrizione
al Registro Imprese di Milano
n. 13271390158
Partita IVA n. 13271390158 R.E.A. Milano n. 1633443
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SHAREHOLDERS’ MEETING RESOLUTIONS

The Snam Rete Gas S.p.A. Extraordinary and Ordinary Shareholders’ Meeting held on the 26th April 2007 approved:

 
  • the amendments to articles 11,12,15,16,18,19,20 and 22 of the Snam Rete gas S.p.A. bylaws;
  • the Financial Statements as at 31 December 2006, which closed with a profit of 447,561,309.82 Euros.

The following resolutions were also passed:

  • allocation of the fiscal year profit as follows:

        1. to the "Legal reserve" the amount required to ensure that the reserve is one fifth of the Share Capital called up at the date of the Shareholders’ meeting;
        2. a 0.19 Euro dividend per share to shares which are outstanding at the ex dividend date, excluding the treasury shares at that date;
        3. to carry forward, after the proposed allocations, the remaining amount.

  • to set at nine the number of Directors and their appointment for three financial years with expiry at the Shareholders’ Meeting called to approve the financial statements as at 31 December 2009;
  • to set at nine the number of Directors and their appointment for three financial years with expiry at the Shareholders’ Meeting called to approve the financial statements as at 31 December 2009;
  • to set the annual gross compensation due to each director at 30,000.00 Euros plus reimbursement of expenses incurred and the payment for each participation in a meeting of the Committees formed within the Board of Directors at 500.00 Euros, plus reimbursement of expenses incurred;
  • to appoint the Board of Statutory Auditors. The Board of Statutory Auditors is therefore formed as follows: Chairman: Pierumberto Spanò; Statutory Auditors: Roberto Mazzei, Riccardo Perotta; Alternate Auditors: Giulio Gamba, Luigi Rinaldi;
  • to set the annual gross compensation due to the Chairman of the Board of Statutory Auditors and to each Statutory Auditor at 45,000.00 and 30,000.00 Euros respectively, plus reimbursement of expenses incurred and to set the payment for each participation in a meeting of the Committees formed within the Board of Directors at 500.00 Euros, plus reimbursement of expenses incurred;
  • to extend the mandates of PricewaterhouseCoopers S.p.A. to the financial years from 2007 to 2012 against a fee of 174,300.00 Euros per financial year for:

        1. auditing of the accounts and the consolidated financial statements, pursuant to Article 159 of Legislative Decree no. 58 of 24 February 1998, as amended by Legislative Decree 303/2006;
        2. verification of proper bookkeeping during the course of the year and accurate disclosure of operating events in the accounts, in compliance with Article 155 of Legislative Decree no. 58 of 24 February 1998;
        3. performance of limited auditing of the half-yearly report, in compliance with the provisions set forth in Consob communication no. 97001574 of 20 February 1997;
        4.verification of the adjustments needed to adapt the consolidated figures from the financial statements prepared on the basis of accounting principles applicable in Italy to those used in the United States (US GAAP) for the purpose of fulfilling the Eni Group’s U.S. reporting obligations.

2006 FINANCIAL STATEMENTS

The minutes of the Shareholders’ meeting will be available by May 11, 2007 at the Head Office of the Company and Borsa Italiana S.p.A.(www.borsaitaliana.it). The aforementioned documents are also available at www.snamretegas.it and may be requested by email to segreteriasocietaria@snamretegas.it

 

FY 2006 DIVIDEND PAYMENT

The dividend of euro 0.19 per share will be payable following detachment of coupon no. 7 starting from 24 May 2007; the ex dividend date is 21 May 2007.

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05 August 2016 - 15:42 CEST