Limassol, Cyprus. Shareholders of Lanitis Golf Public Co Limited met on June 4 for the company’s annual general meeting, approving financial and governance resolutions. More than 99 per cent of the issued share capital was present or formally represented, according to an announcement released on June 8.
Financial statements approved
The meeting approved the audited financial statements for the 2025 financial year together with the management report presented by the directors.
Board members re-elected
The assembly confirmed the re-election of retiring board members Matthew Portelli, Platon E. Lanitis, and Evagoras C. Lanitis to the board of directors.
Director remuneration decision
Shareholders decided that directors will receive no payment until the company is fully operational at full scale.
Auditors re-appointed
The meeting also resolved to re-elect PricewaterhouseCoopers Limited as auditors for the 2026 financial year. The board of directors will determine the audit fee at a later stage.