At today’s annual general meeting of EnergyO Solutions Russia AB (publ),
shareholders representing approximately 38 per cent of all outstanding shares
and voting rights in the company were represented. However, the new main
shareholder of the company, Prosperity Capital Management group, was not
present. The following resolutions were adopted at the meeting:
1.
The income statements and balance sheets of the company and the group for the
financial year 2013 were adopted.
2.
All available funds were carried forward and no dividend declared.
3.
The members of the board of directors and the chief executive officers were
discharged from liability for the financial year 2013.
4.
Seppo Remes, Pontus Lesse, Christopher Granville and Peregrine Moncreiffe were
re-elected members of the board of directors. Seppo Remes was re-elected
chairman of the board of directors. KPMG AB, with Anders Tagde as auditor in
charge, was re-elected auditor.
5.
It was resolved that the remuneration to the board of directors shall be SEK
600,000 and be allocated as follows: SEK 200,000 to each of Pontus Lesse,
Christopher Granville, and Peregrine Moncreiffe. No remuneration shall be paid
to Seppo Remes. The auditor's fee shall be paid on the basis of an approved
invoice.
6.
It was resolved to settle the dealings between EOS Russia and Skandinaviska
Enskilda Banken AB under the synthetic buyback programme. Therefore, the annual
general meeting adopted the board of directors' proposals to reduce the share
capital by redemption of 33,194 shares and on bonus issue whereby the company's
share capital shall be increased by transferring funds from the company's
unrestricted equity without issuing new shares. The resolutions result in a net
increase of the company’s share capital by SEK 3 363,056312 to SEK
291 956 596,372083.
7.
The annual general meeting adopted the board's proposal to renew the
authorisation of the Board of Directors, on one or several occasions prior to
the next annual general meeting, to resolve on synthetic buybacks of own shares
up to a maximum of 29.9 per cent of all outstanding shares in the company. To
enable the Board of Directors to utilise the buyback authorisation, a swap
agreement will be entered into with a bank.
Stockholm, 8 April 2014
For further information, please contact: ir@eos-russia.com
EOS Russia is an investment company headquartered in Stockholm. The overall
objective of the company is to offer attractive returns via investments in the
Russian electricity industry. EOS Russia's shares have been listed on First
North, a marketplace operated by the Stockholm Stock Exchange, since 25 June
2007. Remium Nordic AB is the Certified Adviser.
Report from Annual General Meeting of EnergyO Solutions Russia AB (publ)
| Source: EnergyO Solutions Russia AB