Nicosia, Cyprus. MHV Mediterranean Hospitality Venture Plc held its annual general meeting on Friday with participation representing 100 per cent of its total issued share capital. Shareholders approved the company’s 2025 financial statements, adopted a no-dividend recommendation, and re-appointed Ernst and Young Cyprus Limited as auditors for 2026.
Full share capital represented
The company said the meeting was attended either in person or by proxy by members representing 120,200,720 listed ordinary shares and 85,165,000 non-listed shares. It said this accounted for 100 per cent of the total issued share capital.
Financial statements adopted
During the meeting, the company formally adopted the auditor’s report and the separate financial statements for the year ended December 31, 2025.
Shareholders also approved the auditor’s report and the consolidated financial statements for the same period.
Dividend and auditor appointment
Shareholders adopted the board of directors’ recommendation that no dividend be declared for the year ended December 31, 2025.
The company also re-appointed Ernst and Young Cyprus Limited as auditors for the 2026 financial year. Their remuneration will be fixed at a later date by the board of directors.