Last update: 22.07.2024 09:08 (GMT+3)
Tallinna Farmaatsiatehas NEWS RELEASE 10/30/2003
ABOUT SHAREHOLDERS' EGM
Director of Tallinna Farmaatsiatehase AS announces that the Extraordinary
General Meeting of Shareholders which should have been occurred on 29th of
October didn´t take place because of lack of quorum.
In Extraordinary General Meeting were represented 38 shareholders, which forms
6,3825 % of represented votes. According to Commercial Code § 297 section 1
a general meeting may adopt resolutions if over one-half of the votes
represented by shares are present. As present were under one-half of the
votes represented by shares, the general meeting was not competent to adopt
resolutions.
According to Commercial Code § 297 section 2 the management board shall,
within three weeks but not earlier than after seven days, call another
meeting with the same agenda. The notice of calling general meeting will be
announced according to law.
Ibraim Muhtsi
Director
+3726120201