Annual General Meeting of Russian Real Estate Investment Company AB (publ)
(Thomson Reuters ONE) -
Press release 11 June 2012
Mats Björkman opened the meeting and was elected Chairman of the AGM.
Thereafter, the income statement and balance sheet as well as the consolidated
income statement and consolidated balance sheet were adopted and it was resolved
in accordance with the proposal of the Board of Directors that accumulated
losses shall be carried forward in new account and that no dividend shall be
paid for the financial year of 2011.
In his presentation, the departing CEO, Adam Fischer, said that 2011 was a year
of great difficulties spilling over on the first six months of 2012. Since its
inception in October of 2011 the incumbent Board had made strenuous efforts to
bring order to Ruric's businesses, and find solutions to Ruric's difficult
financial situation.
The annual general meeting discharged the members of the Board of Directors and
the chief executive officer from personal liability for the financial year and
sanctioned the election committee's proposal that fees to the Board of Directors
of a sum of SEK 550,000, and that the remuneration to the auditors should be
paid according to approved invoicing rates.
The annual general meeting elected that the board shall consist of five members
and resolved to re-elect board members Vadim Gurinov and Denis Martyushev and
elect Ilya Sosnov, Aleksandrs Tralmaks and Nikolay Berdin as board members.
Vadim Gurinov was elected Chairman of the Board.
The annual general meeting elected KPMG with Mats Kåvik as auditors.
The annual general meeting also agreed on the following resolutions proposed by
the Board, the exact wordings of which can be found on www.ruric.com:
* Resolution on a share split 2:1 with a record date to be determined by the
Board and changes to the articles of association such that § 3 shall have
the following wording: "The company's share capital shall be not less than
SEK 200,000,000 and not more than SEK 800,000,000", that the first paragraph
of § 4 shall have the following wording: "The number of shares shall be not
less than 200,000,000 and not more than 800,000,000" and lastly, that the
third paragraph of § 4 shall have the following wording: "The number of
shares of series A shall not be more than 800,000,000 and the number of
shares of series B shall be not more than 800,000,000"
* Authorization for the Board of Directors until the next AGM to resolve on
issuance of shares of series B, the share capital not to be increased with
an amount exceeding SEK 20 million.
* Authorization for the Board of Directors to resolve on issues against
payment through set-off to the maximum amount of 8 000 000 US dollars if the
share sale and purchase agreement with the Israeli company Scorpio Real
Estate regarding Fontanka 57 is executed
Russian Real Estate Investment Company AB (publ)
For additional information
Ingvar Ljungqvist, interim CEO
Phone: +46 (0)8 509 00 101
email iljungqvist(at)ruric.com
web www.ruric.com
ABOUT RURIC
Ruric acquires, develops, manages, lets and sells properties in St. Petersburg.
Ruric optimizes each property through structured analysis, carefully designed
projects and hands-on project- and facility management. In this way Ruric
contributes to the well being and success of its customers.
Ruric's Certified Advisor at First North is Erik Penser Bankaktiebolag.
Press release:
http://hugin.info/141656/R/1618842/516949.pdf
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originality of the information contained therein.
Source: Russian Real Estate Investment Company via Thomson Reuters ONE
[HUG#1618842]
Unternehmensinformation / Kurzprofil:
Datum: 11.06.2012 - 16:12 Uhr
Sprache: Deutsch
News-ID 155194
Anzahl Zeichen: 4464
contact information:
Town:
Stockholm
Kategorie:
Business News
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