The Board of Directors of Joint Stock Company Acron has resolved to hold its annual general meeting on 26 May 2016 at 9:30 am in the Acron Cultural Centre at 22a Lomonosov St., Veliky Novgorod.
The Board of Directors meeting considered the matters related to the annual general meeting preparation and approved its agenda:
- Approving the Company’s Annual Report for 2015
- Approving the Company’s annual accounting (financial) statements for 2015
- Distributing the Company’s profit and loss (including paying (declaring) dividends) for 2015
- Approving the Company’s Charter as amended
- Electing the Company’s Board of Directors
- Paying compensation and reimbursement to members of the Company’s Board of Directors
- Approving the Company’s auditor
- Approving the Regulation on the Company’s General Meeting as amended
- Approving the Regulation on the Company’s Board of Directors as amended
- Approving the Regulation on the Company’s Managing Board as amended
- Approving the Regulation on the Company’s Internal Audit Team as amended
- Electing the Company’s Internal Audit Team
- Approving related-party transactions, which can be executed by the Company in future in the ordinary course of business
- Determining a price and approving a related-party transaction
- Approving related-party transactions, which can be executed by the Company in future in the ordinary course of business to ensure performance of obligations of Joint Stock Company North-Western Phosphorous Company to credit organisations
- Approving related-party transactions, which can be executed by the Company in future in the ordinary course of business to ensure performance of obligations of AGRONOVA EUROPE AG to credit organisations.
While considering matters on approval of the new version of the Company’s charter and other by-laws the general meeting will be offered to make:
- Amendments related to the compliance of the Company’s name and charter with the corporate legislation (to the extent of the regulation of public companies)
- Amendments related to the fulfilment by the Company of requirements of the Moscow Exchange Listing Rules and particular provisions of the Corporate Governance Code recommended for application by the Bank of Russia
- Other amendments related to the development of the Company’s corporate governance system and increase of its efficiency
Drafts of general meeting resolutions and amendments to the Company’s by-laws will be offered by the Board of Directors and disclosed in accordance with the procedure established by law as well as at the Company’s web-site not later than on 5 May 2016.
The record date for the list of the persons entitled to attend the shareholder meeting is 6 April 2016, 12:00 am.