Resolutions of the Annual General Meeting of Shareholders of AS Ekspress Grupp held on 27 May, 2015
Tallinn, Estonia, 2015-05-27 12:23 CEST --
On 27 May, 2015, the Annual General Meeting of the Shareholders of AS Ekspress Grupp was held in Tallinn, Narva mnt 11E.
Out of 29 796 841 votes 22 909 311 votes were represented at the Meeting, i.e. 76,89 % of the votes.
The General Meeting of the Shareholders of AS Ekspress Grupp adopted the following resolutions:
1. Approval of the Annual Report for the Financial Year 1 January 2014 - 31 December 2014
By 22 908 211 votes in favour (100 votes against, 1000 votes abstained), to approve the Annual Report for the Financial Year 1 January 2014 - 31 December 2014 of AS Ekspress Grupp.
2. Approval of the 2014 Profit Distribution Proposal
By 22 909 211 votes in favour (100 votes against), to approve the Profit Distribution Proposal, according to which the legal reserve will be increased by 256 thousand Euros from the 2014 net profit, which is 5110 thousand Euros, dividends will be paid to the shareholders 4 (four) euro cents per share and 3665 thousand Euros will be allocated to the retained earnings of the previous periods. The right to participate in distribution of profits applies to shareholders who have been registered in the list of AS Ekspress Grupp shareholders as of 10 June 2015 at 23:59. Dividends will be transferred to shareholder’s bank account on 2 October 2015.
Chairman of the Management Board
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