1999.05.20, Tallinna Farmaatsiatehas, TLN

TALLINNA FARMAATSIATEHAS AS 

ANNOUNCEMENT

20.05.99

 

DECISION OF THE SUPERVISORY BOARD: EXTRAORDINARY GENERAL MEETING OF 

SHAREHOLDERS

 

Due to the need to postpone the terms for the additional issue of TFT 

AS shares, the Management Board will convene the extraordinary general 

meeting of shareholders on Friday, 28.05.99 at 11.00 AM in the 

conference center of hotel Central. 

 

The agenda of the extraordinary general meeting of shareholders will be 

as follows:

 

1. Opening of the EGM. Appointment of chairman, recorder and polling 

committee.

2. Approval of the rules of EGM.

3. Approval of the agenda of EGM.

4. Changing of the resolution of the 30.04.1999 annual general meeting 

of Tallinna Farmaatsiatehase AS shareholders on item 13 of the agenda 

to increase the company’s share capital, in respect to exercising of 

the pre-emptive subscription right for shares to be issued and payment 

deadline for the shares subscribed, as follows:

 

The deadline for exercising the pre-emptive subscription right for the 

additional share issue is 31.08.1999. 

 

Payment for the shares subscribed must take place by September 15, 

1999.

 

The rest of the conditions of the resolution of 30.04.l999 annual 

general meeting of Tallinna Farmaatsiatehase AS shareholders on item 13 

of the agenda will remain unchanged.

  

The list of shareholders entitled to vote on the EGM will be determined 

based on the company’s shareholders list as of May 28, 1999, 8.00 AM. 

Registration of the participants will begin on 28.05.1999 at 10.30 AM.

 

The announcement about the extraordinary general meeting of 

shareholders will be published in Päevaleht On Friday, May 21.

 

Arno Kaseniit

Member of the Management Board

Tel +372 61 20 201