CREDITO ARTIGIANO The Annual Meeting of the shareholders confirms balance sheet for 2000.
Milan, April 9 2001 - During the Annual Meeting, Credito Artigiano shareholders confirmed the company balance sheet as at December 31 2000. Definitely, the main balance-sheet aggregates show very positive performances.
Net profits for the year totalled L. 24.6 billion, with an increase by 50% with respect to December 31 1999. Dividends to be given out to the shareholders therefore attained L. 225 per each of the 93,750,000 outstanding shares (+50% with respect to last year). Dividends will be given out starting April 26 2001 (coupon detachment on April 23) by the members of Monte Titoli S.p.A., start of dividend entitlement January 1 2000.
The meeting also deliberated on the appointment of Credito Artigiano management for the period 2001-2003, appointing the nine members of the Executive Board: Camillo Aldè, Bassano Baroni, Giovanni Colombo, Giovanni De Censi, Gino Del Marco, Felice Martinelli, Franco Moro, Flavio Pizzini, Vincenzo Vedani.
The members of the Board of Auditors for the period 2001-2003 will be Roberto Campidori - Chairman -, Angelo Palma and Giuseppe Degrassi as Acting Auditors, Matteo Diasio and Giovanni Licciardi as Substitute Auditors.
As already for the period 1999-2001, the company Reconta Ernst & Young will be entrusted with the consolidated balance sheet and half-yearly report audit for the current year.
As set down in the corporate governance Code of self-regulation of listed companies, the meeting also confirmed he adoption of the norms regulating General Meetings.
In a meeting held after Credito Artigiano General Meeting, the Executive Board confirmed that Bassano Baroni would remain in office as Chairman of the Board and Giovanni De Censi as Vice-Chairman.
Net profits total L. 24.6 billion (+50%).
Dividends attain L. 225 per share (+50%)
