ESTIKO

ANNOUNCEMENT

 

ANNUAL GENERAL MEETING OF SHAREHOLDERS

 

Annual general meeting of AS Estiko (address Tehase St. 16, Tartu) 

shareholders will be held on 07.04.2000 at "Vanemuise" theater 

(Vanemuise St. 45a, Tartu), beginning at 10:00 a.m.

 

Registration of the general meeting attendants will begin at 9:00 

a.m. 

All meeting attendants must present a passport (representatives 

also need to present a proxy); corporate shareholders must present 

an excerpt from Commercial Registry card (representatives also need 

to present identification document and proxy). 

 

Agenda of the AGM:

1. 1999 annual report and auditor's report

2. 1999 management report

3. 1999 supervisory board report

4. approval of 1999 annual report and profit allocation

5. adoption of new Articles of Association 

6. recall of supervisory board members

7. election of new supervisory board members; remuneration of 

supervisory board members

8. appointment of auditor for 2000 financial year

9. approval of dividends on preferred shares in year 2000

10. approval of interest rate for bonds in year 2000

11. repurchase of preferred shares.

 

The Management Board will make a proposal to AGM to approve the 

company's net profit at EEK 7.3 million, and to transfer 5% of this 

amount to reserve capital account and pay EEK 6.600 for dividends 

on preferred shares (EEK 1.00 per preferred share). List of 

shareholders entitled to receive dividends will be fixed on 

24.04.2000 at 8:00 a.m.

 

As of 23.03.2000 the 1999 annual report is available during 

workdays from 9:00 to 16:00 at AS Estiko (address Tehase 16, 

Tartu). 

 

 

Mart Raik

Management Board chairman

+372 7367012