Shareholders of Top Kinisis Travel Public Ltd gathered at the company’s head offices in Strovolos on Thursday to unanimously approve the firm’s financial statements and confirm a dividend payout.
- Shareholders of Top Kinisis Travel Public Ltd gathered at the company’s head offices in Strovolos on Thursday to unanimously approve the firm’s financial statements and confirm a dividend payout.
Top kinisis: Unanimous Approval at Annual General Meeting
The annual general meeting resulted in unanimous resolutions on several critical corporate matters. Key items included the examination and approval of the consolidated balance sheet and the profit and loss account for the financial year ending December 31, 2025.
Dividend Details and Payment Schedule
Following a thorough review of the independent auditors’ report, the assembly endorsed the board of directors’ recommendation to issue a dividend of €0.01 per ordinary share. This dividend totals €122,120.11 and is scheduled for distribution on July 24, 2026. Beneficiary shareholders registered with the Cyprus Stock Exchange (CSE) as of June 26, 2026, will receive the payout.
Important Dates for Shareholders
To qualify for the dividend, shareholders must complete transactions by the end of the trading session on June 24, 2026. The ex-dividend date is set for June 25, 2026, after which shares will be traded on the CSE without the entitlement to the dividend.
Board Leadership and Remuneration Decisions
The meeting also addressed leadership matters, with directors Elena Tanou, Constantinos Kakkouras, Nicolaos Pissas, and Panayiotis Papanicolaou resigning from their positions only to be re-elected by shareholders. In terms of board remuneration, it was decided that each member will receive €100 per meeting, while the chairman will be entitled to €150 per session.
Reappointment of Auditors
Additionally, the assembly re-appointed Baker Tilly as the company auditors, tasking them with serving until the next annual general meeting. The board of directors was granted the authority to negotiate the final fees for these auditing services.
