Alliance Oil Company Ltd’s shareholders gathered in Stockholm yesterday for the Annual General Meeting (AGM).
The AGM adopted the consolidated profit or loss and financial position statements.
The AGM resolved to re-elect Mr Fred Boling, Mr. Arsen Idrisov, Mr. Raymond Liefooghe, Mr Claes Levin, Mr Isa Bazhaev, Mr Fernando Martinez-Fresneda and Mr Eric Forss as board members. Mr. Eric Forss was re-elected as chairman of the board.
As auditors until the next AGM, the AGM re-elected Deloitte AB with Mr. Svante Forsberg as responsible and ZAO Deloitte & Touche CIS with Ms. Natalia Golovkina as responsible.
The AGM also approved the nominating committee’s other proposals.
The AGM resolved that the principles for the nominating process shall continue to apply.
The AGM resolved to authorize the Board of Directors to issue new shares. The meeting also resolved to pay dividend on preference shares.
Alliance Oil Company’s managing director Mr Arsen Idrisov addressed the AGM and updated shareholders on the company’s progress to date and plans for the future.
For further information please contact:
Arsen Idrisov, Managing Director, Alliance Oil Company, Tel.: +7 495 777 18 08
Eric Forss, Chairman, Alliance Oil Company, Tel.: +46 8 611 49 90
Also visit www.allianceoilco.com
Alliance Oil Company Ltd is a leading independent oil and gas company with vertically integrated operations in Russia and Kazakhstan. Alliance Oil has substantial oil and gas reserves and downstream operations that include the Khabarovsk refinery and the leading network of gas stations and wholesale oil products terminals in the Russian Far East. Alliance Oil's depository receipts are traded on the NASDAQ OMX Nordic under the symbol AOIL.
