Luís Palha da Silva was elected as Chairman of the Board of EDP’s General Shareholders’ Meeting and, by virtue of EDP By-Laws, becomes inherently a Member of the General and Supervisory Board, for the remaining period of the current term-of-office.
The meeting, which was held at the EDP headquarters in Lisbon, approved the distribution of €695 million in dividends pertaining to 2018, worth €0.19 per share. Representing 65% of the company's capital, the attending shareholders have also approved the rendering of accounts pertaining to 2018.
Shareholders have not approved the amendment of the Company’s By-Laws which imposes a limit of 25% on the shareholder’s vote, regardless of the shares held.
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