Corticeira Amorim : SGPS, S.A. informs about the resolutions adopted by the General Meeting
November 29, 2017 at 10:38 am EST
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Press Release
Corticeira Amorim
Mozelos, 29 de novembro de 2017
Disclosure of Information
Mozelos, Portugal, November 29, 2017 - CORTICEIRA AMORIM, S.G.P.S., S.A. hereby discloses the following information:
Resolutions passed at the Company's Extraordinary General Meeting in November 29, 2017:
Item 1.: It was unanimously resolved to approve the Company's interim non-consolidated Balance Sheet as at 30 September 2017.
Item 2.: It was unanimously resolved to approve the distribution of distributable reserves to shareholders in a total amount of € 10,640,000.00, that equals a gross amount of € 0.08 per share to be distributed amongst Corticeira Amorim's shareholders in proportion to their ownership of shares and shall be payable within a maximum of 20 days.
Mozelos, 29 de novembro de 2017 2/3
About Corticeira Amorim SGPS, S.A.:
Tracing its roots back to the 19th century, Amorim has become the world's largest cork and cork- derived company in the world, generating more than Euro 640 million in sales to more than 100 countries through a network of dozens of fully owned subsidiaries.
With a multi-million Euro R&D investment per year, Amorim has applied its specialist knowledge to this centuries-old traditional culture, developing a vast portfolio of 100% sustainable products that are used by blue-chip clients in industries as diverse and demanding as wines & spirits, aerospace, automotive, construction, sports, interior and fashion design.
Amorim's responsible approach to raw materials and sustainable production illustrates the remarkable interdependence between industry and a vital ecosystem - one of the world's most balanced examples of social, economic and environmental development.
Corticeira Amorim, SGPS, S.A. Sociedade Aberta
Edifício Amorim I
Rua de Meladas, n.º 380 4536-902 Mozelos VFR Portugal
A company incorporated in Santa Maria da Feira Registration and Corporate Tax ID No:
PT 500 077 797
Corticeira Amorim SGPS SA published this content on 29 November 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 29 November 2017 15:37:04 UTC.
Original documenthttps://www.amorim.com/xms/files/Investidores/7_Comunicados/201711AGEen.pdf
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Tracing its roots back to the 19th century, Corticeira Amorim, SGPS, S.A. has become the world's largest cork and cork-derived company in the world, generating more than EUR 1,021 million in sales to more than 100 countries through a network of dozens of fully owned subsidiaries. With a multi-million Euro R&D investment per year, Corticeira Amorim, SGPS, S.A. has applied its specialist knowledge to this centuries-old traditional culture, developing a vast portfolio of products, solutions and materials that are used by blue-chip clients in industries as diverse and demanding as wines & spirits, aerospace, automotive, construction, sports, architecture and design.
Net sales by business unit break down between Cork Stoppers (72.8%), Floor and Wall Coverings (12.5%), Composite Cork (12%), Insulation Cork (1.4%) and Raw Materials (1.4%).
Net sales are distributed geographically as follows: Portugal (7.5%), EU excluding Portugal (62.6%), Other European countries (2.4%), the United States (14.6%), America excluding the United States (7%), Australasia (4.5%) and Africa (1.4%).
Corticeira Amorim, SGPS, S.A.'s responsible approach to raw materials and sustainable production illustrates the remarkable interdependence between industry and a vital ecosystem - one of the world's most balanced examples of social, economic and environmental development.
CORTICEIRA AMORIM, SGPS, S.A. 
