APS Bank plc shareholders approved all 13 resolutions presented during the bank’s Annual General Meeting held on 6th May, including the declaration of the bank’s highest-ever gross final dividend of €0.023 per ordinary share.
The dividend amounts to a record total gross payout of €11.4 million. Shareholders will have the option to receive the dividend either in cash or through the issue of new shares under a scrip dividend arrangement.
Among the resolutions approved were a new Employee Share Incentive Plan covering the period 2027–2031, amendments to the current 2022–2026 plan, a share buy-back programme, and authority for the Board to issue up to €150 million in debt securities.
Shareholders also approved the reappointment of Deloitte Audit Limited as auditors until the end of the 2027 AGM, as well as the appointment of several directors, including Chair Martin Scicluna, Prof Juanito Camilleri and Marisa Xuereb.
“We are pleased with the strong participation and engagement shown by shareholders during this year’s AGM. The approval of these resolutions supports the bank’s continued focus on sustainable growth, prudent capital management and long-term value creation,” said Chair Martin Scicluna.
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Nicole Zammit
When she’s not writing articles at work or poetry at home, you’ll find her taking long walks in the countryside, pumping iron at the gym, caring for her farm animals, or spending quality time with family and friends. In short, she’s always on the go, drawing inspiration from the little things around her, and constantly striving to make the ordinary extraordinary.
