On 26 May 2016, Acron’s general meeting approved a resolution to rename the Company. An entry was made in the Unified State Register of Legal Entities on 28 June 2016 (date of renaming) about state registration of the Company’s Charter as amended to change the Company’s name to Public Joint Stock Company Acron.
Starting 29 June 2016, the Company shall use the following full and short name in the Russian language: Публичное акционерное общество «Акрон» or ПАО «Акрон», and the following full and short name in the English language: Public Joint Stock Company Acron or PJSC Acron.
The Company’s Charter was approved as amended to change the Company’s name in order to comply with amendments to requirements of Chapter 4 of the Russian Civil Code regarding regulations on public companies.
When a legal entity changes its name in order to comply with these requirements of the Civil Code, it does not have to amend title and other documents containing its previous name. Thus, all agreements, powers of attorney and other deeds executed prior to 29 June 2016 on behalf of or involving the Company that use its previous name shall remain in full force and effect until the expiration date specified therein or another date established by applicable laws. The Company’s domicile, Primary State Registration Number (OGRN), Tax Identification Number (INN), Tax Registration Code (KPP) and bank details for payments to the Company shall remain unchanged, except for its name.
Since the documents certifying the name change in the Unified State Register of Legal Entities were issued to the Company only on 1 July 2016, the agreements, powers of attorney and other deeds executed prior to this date, for which the Company is a signatory or recipient, were executed (accepted) by the Company using its previous name and shall not be re-issued.