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AGM Notice and Proxy

2014-05-01

Αγαπητοί Κύριοι, Θα θέλαμε να σας ενημερώσουμε ότι στις 8 Μαίου, 2014 ταχυδρομήθηκαν σε όλους τους εγγεγραμμένους μετόχους της Εταιρείας ALKIS H.HADJIKYRIACOS (FROU FROU BISCUITS) PUBLIC LTD τα ακόλουθα: α) Πρόσκληση για Ετήσια Γενική Συνέλευση και Πληρεξούσιο Εγγραφο, η οποία θα πραγματοποιηθεί την Παρασκευή 30 Μαίου 2014, στις 5:30μ.μ. στο εγγεγραμμένο γραφείο της Εταιρείας, Λεωφ.Γρηγόρη Αυξεντίου 115, 2660 Κοκκινοτριμιθιά, Λευκωσία. β) Πιστοποιητικά ΔΑΜ και πληροφορίες εξάσκησης τους κατά την περίοδο 20-30 Ιουνίου 2014. Επιπροσθέτως η Πρόσκληση και το Πληρεξούσιο Εγγραφο έχουν αναρτηθεί στην ιστοσελίδα της Εταιρείας www.froufrou.com.cy, στην κατηγορία «οικονομικές πληροφορίες». Επισυνάπτεται το πιστοποιητικό ταχυδρόμησης των πιο πάνω.

Trading of Power Warrants 2001 - 2015

2014-05-01

Η Εταιρεία Alkis H.Hadjikyriacos (Frou Frou Biscuits) Public Ltd επιθυμεί να υπενθυμίσει τους κατόχους Δικαιωμάτων Αγοράς Μετοχών (Power Warrants) ότι η περίοδος 20 – 30/06/2014 θα είναι η περίοδος εξάσκησης των δικαιωμάτων αγοράς Power Warrants 2001 – 2015 της Εταιρείας ALKIS H.HADJIKYRIACOS (FROU FROU BISCUITS) PUBLIC LTD. Η τιμή άσκησης των ΔΑΜ είναι €1,7086 για αγορά μίας μετοχής της Εταιρείας ονομαστικής αξίας €0,26 σεντ. Η πληρωμή της τιμής άσκησης του δικαιώματος αυτού γίνεται με την καταβολή της €1,7086 ανά δικαίωμα στην Εταιρεία ALKIS H.HADJIKYRIACOS (FROU FROU BISCUITS) PUBLIC LTD μαζί με την κατάθεση των πιστοποιητικών των ΔΑΜ κατά την πιο πάνω περίοδο μόνο. Η άσκηση των ΔΑΜ θα γίνεται στα καταστήματα της Ελληνικής Τράπεζας. Σημειώνεται ότι η τρέχουσα τιμή διαπραγμάτευσης της μετοχής στο ΧΑΚ είναι χαμηλότερη από την τιμή εξάσκησης των ΔΑΜ. Με βάση τα στοιχεία που παρελήφθησαν από το ΧΑΚ, έχουν ταχυδρομηθεί προς όλους τους κατόχους ΔΑΜ επιστολές, δηλώσεις και πληροφορίες για τον τρόπο εξάσκησης των ΔΑΜ από τους κατόχους τους που θελήσουν να τα εξασκήσουν. Η παρούσα ανακοίνωση θα δημοσιευτεί στις εφημερίδες «Πολίτης» και «Αλήθεια» την Δευτέρα 19/05/14.

Interim Management Statement

2014-05-01

The Company presents the First Interim Management Statement for 2014, which has been prepared pursuant to Article 11 of the Transparency Requirements Law 2007. The statement is based on the results of the first four months of 2013 and the indications for the period until May 14, 2014. The results and the indications have not been audited by the Company’s auditors. Main activities During period, the Group continued with the same activities as in 2013. General description a) As announced on February 27, 2014, the Board of Directors will propose to the AGM the payment of a dividend of €939.177 (2012: €919.405) that corresponds to €0,0095 per share or 3.7% on the nominal value of the share capital and corresponds to a 2.15% increase on the dividend for 2012 and a dividend yield of 6.% on the average closing price of the share of €0.159 on December 31, 2013. This is the 12th consecutive year that the Company pays increased dividend. In relation to 2013, the Group is expected to be affected positively since in September 2013 it invested via the subsidiary Handy Snacks Ltd in the acquisition of the industrial unit and brand of Mon Ami products from EVRIKA Ltd and in June 2013 it signed an agreement with Thamira Food Manufacturers Ltd for the distribution of the Bakandy’s products in the Cypriot market. The ongoing negative market conditions, the liquidity problems and the environment of uncertainty as well as the negative psychology of the Cypriot citizens will continue to affect negatively the restoration and development of the Group’s results. Main risks and uncertainties The main risks and uncertainties that the Company faces are the same as those described in the Annual Report 2013 except for a possibility of the need for a new recapitalization of the Cypriot banks, something that would have further negative impacts on all businesses. The huge delay in measure taking for the restoration of our banking system affects negatively the stabilization and the reversal of the downward trend of the economy since March 2013, despite the “prettification” of the situation by the competent authorities. It is necessary both the state and the administrations of the banks to accelerate taking corrective measures so as to achieve economic recovery the soonest possible. Main events and transactions There were no other facts and transactions affecting the Company’s results during the period apart from its ordinary activities. Transactions of associated persons There were no significant transactions of associated persons other than the existing employment contracts of the Executive Board members. Targets and prospects This year will be more difficult than 2013. The economic “strangling” of our financial system and the Cypriot companies in general continue to have negative impact on the Group’s performance. The Management aims to minimize the impacts of restricted liquidity in the market so that the Group’s companies remain healthy and profitable until our exit from this unprecedented financial crisis. Therefore, it is expected that the strategic moves in 2013 will have positive impact on our financial results in 2014, which are expected to be comparatively improved on an annual basis.

AGM decisions – Dividend of €0.0095

2014-05-01

The Annual General Meeting of Alkis H. Hadjikyriakos (Frou Frou Biscuits) Public Ltd took place on May 30, 2014. The AGM: 1. Approved the Annual Report and the financial statements for the year ended December 31, 2013. 2. Approved the proposal of the Board of Directors for the payment of a dividend of €939.177 for 2013 (2012: €919.405) that corresponds to €0.0095 per share (2012: €0.0093) or 3.7% (2012: 3.6%) on the nominal value of the share capital of the Company and corresponds to a 2.15% increase on the recurrent dividend of 2012. The record date will be on June 11, 2014. The ex-dividend date will be on June 6, 2014. The dividend will be paid to the shareholders by June 20, 2014. The exact date will be announced. 3. Re-elected Messrs. Haris Hadjikyriakos, Alkis Hadjikyriakos, Costas Eliades, Chrysis Christopoulos, Kyriakos Hadjisavvas, Sophia Miltiadou and Christodoulos Christodoulou as Board members. 4. Approved the remuneration of the Board members. 5. Approved the reappointment of KPMG as auditors and authorized the Board of Directors to set their remuneration.